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Dogwifhat (WIF) Soars Wednesday Afternoon After Coinbase Announces Plans to List the Asset

source-logo  cryptonews.net 14 November 2024 14:58, UTC
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Anna Martynova

Coinbase updated its asset listing roadmap to include $WIF, which jumped about 21% following the announcement. On social media platform X, the company said that once sufficient supply of the asset is established, trading on the $WIF-USD trading pair will be launched in phases. Support for $WIF may be restricted in some supported jurisdictions.

$WIF is another memecoin that is rising amid listing plans by major crypto exchanges. Earlier on Wednesday, crypto brokerage firm Robinhood said it was listing $PEPE, while Coinbase also mentioned that it intends to add the asset. $PEPE soared 30% following the announcements.

At the time of writing, $WIF is trading at $4.13. The token has attracted $3.9 billion in volume in the past 24 hours. The GMCI Meme Index rose 5.2% to 496.24. Dogwifhat is the 31st largest cryptocurrency by market cap at $4.1 billion, behind Cronos (CRO) at $4.6 billion and Uniswap (UNI) at $5.2 billion.

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