Dogwifhat outperforms memecoin market after Robinhood Europe listing.

Dog We Fat WIF

+25.08%
It has since outperformed its memecoin peers. Listed on Robinhood Europe. The Solana-based dog-themed token is up nearly 30% in the past 24 hours, according to price data from The Block.

For comparison, memecoin Pepe is up 17.7%, Bonk is up 5.4%, and Dogecoin is down nearly 3% over the same period.

According to CoinGecko, the overall memecoin market cap increased by 8.3%, while the overall global cryptocurrency market cap increased by 0.1%, remaining relatively stagnant.

The latest price action usually comes after an outstanding week for memecoin. Dogwifhat is up 237% over the past week, while Pepe and Bonk are up 174.7% and 98.8%, respectively. Dogecoin, the leading memecoin, “lags” with an increase of 47.7%.

WIF/USD price chart. Image: Block/TradingView.

To put MEMCOIN’s outstanding performance into perspective, cryptocurrency market leaders Bitcoin and Ethereum have increased by 22.8% and 17.5% over the past 7 days.

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