As of the time of writing, the price of Bitcoin $97,081 hovers around the $99,000 mark, with altcoins experiencing renewed activity. A crucial detail is that Ethereum $3,490‘s price has approached the $3,500 threshold. What drives the surge specifically in WIF Coin? The catalyst for this rise was its listing on Robinhood.
WIF Coin Surge
This popular meme coin is expected to see the most significant increase during the current bull market, and the recent news of its listing on Robinhood is a key factor. This development allows U.S. investors to purchase WIF Coin through the popular trading application. Robinhood permits investment in a limited number of cryptocurrencies, so adding WIF to its offerings is a highly positive signal for investor confidence.
Following the announcement, WIF Coin surged nearly 15%. If Ethereum’s price remains strong, WIF Coin could further elevate its daily peak. Notably, meme coins exhibit a tendency to react quickly in a rising market, prompting new investors to buy meme coins in large quantities. This trend has been observed in every cycle involving meme coins.