share_log

Dogwifhat Now Available To Trade On Robinhood — Can That Stop Its Underperformance Against Dogecoin, Shiba Inu?

Benzinga ·  02:56

Following a listing on Coinbase, Dogwifhat (CRYPTO: WIF) has been listed for trading by Robinhood Crypto.

What Happened: The company announced the listing on its X account on Monday. WIF has underperformed its bigger rivals over the past week.

CryptocurrencyPrice Market Cap24-Hour Trend7-Day Trend
Dogwifhat (CRYPTO: WIF) $3.21$3.2 Billion +3.6% -7.4%
Dogecoin (CRYPTO: DOGE) $0.4039$59.3 Billion -2.6% +8%
Shiba Inu (CRYPTO: SHIB) $0.00002579 $15.2 Billion +3.6% +3.7%

Trader Notes: Altcoin Sherpa highlighted the underperformance of Dogwifhat compared to Bonk (CRYPTO: BONK), attributing part of it to low unit bias, which may limit broader interest. Despite this, Sherpa remains optimistic about Dogwifhat's potential upside.

Crypto trader Murad called the Robinhood listing a major win for meme coins, predicting that the "meme coin supercycle will last much longer than people expect."

Trader Free wondered if Dogwifhat might follow the trajectory of Dogecoin and Shiba Inu, whose Robinhood listings triggered significant rallies.

Trader Davie Satoshi shared a bullish prediction, forecasting Dogwifhat to rise between $5 and $10, potentially reaching an all-time high in December or January

Rapid Fire Charts: $WIF
Just a holding pattern here to set up for the next leg up. Expecting all time highs in Dec/Jan and $WIF to approach $5-10 pic.twitter.com/lAxF4PxESp

— davie satoshi (@NFTdavie) November 25, 2024

Crypto trader DonAlt remarked, "Meme coins are tired," suggesting the sector needs fresh interest to drive another pump.

Memecoins are tired
Need lots of new people to come in to pump these or they'll start rotting away pic.twitter.com/GvV7qNEthP

— DonAlt (@CryptoDonAlt) November 25, 2024
  • Dogwifhat Up 70% In 7 Days Can Its Coinbase Listing Trigger A Shiba Inu-Like 1,800% Rally?

Image: Shutterstock

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment