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Home»ADOPTION NEWS»Dogwifhat outperforms memecoin market after Robinhood Europe listing.
ADOPTION NEWS

Dogwifhat outperforms memecoin market after Robinhood Europe listing.

By Crypto FlexsMarch 1, 20242 Mins Read
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Dogwifhat outperforms memecoin market after Robinhood Europe listing.
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Posted 1 minute ago In ~

Dog We Fat WIF

+30.28%
It has since outperformed its memecoin peers. Listed on Robinhood Europe. The Solana-based dog-themed token is up nearly 30% in the past 24 hours, according to price data from The Block.

For comparison, memecoin Pepe is up 17.7%, Bonk is up 5.4%, and Dogecoin is down nearly 3% over the same period.

According to CoinGecko, the overall memecoin market cap increased by 8.3%, while the overall global cryptocurrency market cap increased by 0.1%, remaining relatively stagnant.

The latest price action usually comes after an outstanding week for memecoin. Dogwifhat is up 237% over the past week, while Pepe and Bonk are up 174.7% and 98.8%, respectively. Dogecoin, the leading memecoin, “lags” with an increase of 47.7%.

WIF/USD price chart. Image: Block/TradingView.

To put MEMCOIN’s outstanding performance into perspective, cryptocurrency market leaders Bitcoin and Ethereum have increased by 22.8% and 17.5% over the past 7 days.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Adam is Editor-in-Chief for Europe, Middle East and Africa. He lives in Central Europe and is the editor-in-chief and podcast host at OKX Insights, the former research arm of cryptocurrency exchange OKX. Prior to that, he co-founded and served as Editor-in-Chief of BeInCrypto.com, growing it into one of the leading cryptocurrency media brands. He previously served as Editor-in-Chief of Bitcoinist.com. Before joining the blockchain and cryptocurrency industry, he worked at Looper.com, Grunge.com, and SVG.com. He tweets at @XBT002 and can be emailed at (email protected).
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