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

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

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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