Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»Solana’s Dogwifhat fell 13% despite a possible Robinhood listing.
ALTCOIN NEWS

Solana’s Dogwifhat fell 13% despite a possible Robinhood listing.

By Crypto FlexsJune 21, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Solana’s Dogwifhat fell 13% despite a possible Robinhood listing.
Share
Facebook Twitter LinkedIn Pinterest Email
  • Bitstamp hints at Dogwifhat’s Robinhood listing with an hourglass emoji.
  • Despite the excitement in the WIF community, Dogwifhat fell a further 13.3%.
  • Weak liquidity in the spot market imposes additional obstacles to WIF’s rebound.

Solana’s Dogwifhat (WIF) is approaching a key moment of adoption as popular European cryptocurrency exchange Bitstamp hints at listing WIF on Robinhood. Robinhood is one of the most popular retail cryptocurrency platforms in the United States, and Bitstamp was acquired by Robinhood in June 2024.

Robin Hood to wear a hat next?

As Robinhood plans to expand into the European Union, it is now well-positioned to expand its cryptocurrency services to European markets, including its meme coins, which have seen the most demand among U.S. cryptocurrency traders. Since its founding in December 2023, WIF’s fairy tale has been truly captivating.

From an opening price of $0.001555 on December 13, 2023, WIF soared 118,727% to hit a record price of $4.83 on March 31, 2024. Peers like Shiba Inu (SHIB) and Dogecoin (DOGE), WIF’s market cap is unusually large compared to dog-themed meme coins.

Dogwifet falls to 3-month low.

Dogwifhat fell below $2 for the first time since March 8, 2024. With a limited supply of 998,926,392 WIF tokens, the meme coin remains one of the most scarce meme coins in supply on Solana. However, Dogwifhat’s lack of liquidity could pose another challenge for the coin.

Learn more

The total order volume for WIF in the spot market over the last 24 hours totaled $1,000,814. By comparison, Pepe (PEPE) had a total order volume of $8,831,488 during the same period, despite the two meme coins vying for the third-largest position by global market capitalization.

As of press time, Dogwifhat is trading at $1.90, down 13.3% in the last 24 hours.

On the flipside

  • Over the past month, WIF has remained popular among derivatives traders as it has been trading in a downward parallel channel.
  • For example, WIF saw a 20.5% increase in derivatives trading volume despite large amounts of long position liquidation.
  • Of the $1.41 million liquidated by WIF, $1.3 million came from WIF’s long leveraged positions in the last 24 hours.

Why This Matters

Major exchanges expanding their service offerings with popular meme coins open up new opportunities for experienced traders and novice cryptocurrency enthusiasts.

Read DailyCoin’s latest cryptocurrency stories:
Polygon (MATIC) aims for a bullish rollup from scathing ad.
Vitalik on Crypto’s “idealistic hippies”: “We’re still here!”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

JPMORGAN accepts Bitcoin ETF with loan collateral: How investors can benefit

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Start BTC, DOGE and ETH mining today!

June 6, 2025

AI increases artistry as an innovative creation at NVIDIA GTC Paris.

June 6, 2025

JPMORGAN accepts Bitcoin ETF with loan collateral: How investors can benefit

June 6, 2025

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025

Encryption leverage: 2025 trend and change analysis

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025
Most Popular

Medium improves accessibility with Speechify’s audio features

December 5, 2024

What is blockchain technology and why should you care?

February 7, 2024

Circle will discontinue USDC support on the TRON blockchain as part of its risk management strategy.

February 21, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.