Dogwifhat (WIF) saw a significant price increase after Robinhood announced that it would be available for trading on its platform in the U.S. This jump follows its rise from negligible value about a year ago to a market capitalization exceeding $3.28 billion. At the time of the announcement, WIF surged to $3.47, settling at $3.35 later but maintaining a 7% increase in the past 24 hours. Robinhood had previously limited its crypto offerings due to regulatory concerns, particularly amidst stringent SEC actions, but the addition of WIF reflects a shift in its strategy. The sudden change in Robinhood's crypto approach is speculated to be influenced by Donald Trump's recent re-election, which may lead to more lenient regulations in the crypto space. The potential for other meme coins to join WIF on the platform is also being discussed, with speculation around Robinhood's wallet activity hinting at possible future additions.

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