Posted 3/1/2024, 11:00:28 AM
Dog-Themed 'Dogwifhat' Coin Jumps 4% After Robinhood Listing Amid Meme Coin Resurgence
- Dog-themed meme coin Dogwifhat (WIF) jumped 4% after being listed on Robinhood's European crypto platform
- Dogwifhat is up 224.5% over the past week amid a broader surge in dog-themed coins like Dogecoin, Shiba Inu, and BONK
- Meme coins in general have outperformed Bitcoin and Ethereum over the past week amid a wider crypto market rally
- The price of Bitcoin has surpassed $60,000, reaching 2021 levels, partly thanks to growing institutional interest
- While some meme coins like Dogecoin demonstrate staying power, many burn out quickly due to factors like low liquidity and shifting trends