A dog-themed rival of Dogecoin (DOGE) is constant its post-election ascent after gaining assist from prime US-based crypto alternate platform Coinbase.
In a brand new announcement, Coinbase says that standard meme asset dogwifhat (WIF), which launched lower than a yr in the past in December 2023, is now accessible on its platform to purchase, promote, finish, ship and convert.
“dogwifhat is now dwell on [coinbase.com] and within the Coinbase iOS and Android apps. Coinbase clients can log in to purchase, promote, convert, ship, obtain or retailer these property.”
Information of the itemizing despatched WIF flying from a low of $2.99 on November thirteenth to its present worth of $4.05, a acquire of 34%. The day earlier than the 2024 presidential election, WIF has valued at simply $1.92.
WIF launched final yr on the Solana (SOL) blockchain as a community-driven memecoin with a hard and fast provide. It shows the picture of a Shiba Inu canine sporting a pink knitted hat and rapidly gained recognition.
Final month, pseudonymous crypto dealer Credible Crypto predicted that WIF, which on the time was exchanging arms for $2.84, was displaying a bearish setup that might presumably see it dip beneath $1.
Whereas WIF ended up finally dipping beneath the $2 price ticket, it by no means fell beneath $1, finally using the post-election increase to a worth of over $4.
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