Wow! Think about turning $310 right into a whopping $3.12 million! That’s the unbelievable story of Dogwifhat (WIF) as its value rocketed to $1.25, delivering an unbelievable 10,075 occasions return for some merchants.
Let’s dive into the unbelievable world of this Solana-based meme coin.
Meme Season Calling?
Dogwifhat (WIF) is making waves after getting listed on buying and selling giants like Robinhood, KuCoin, and Binance Futures. This not solely showcases the rising recognition of meme cash but in addition emphasizes the affect of key figures within the crypto world. The coin’s value shot up notably, with whale investing 9,999 $SOL, round $1.34 million, grabbing consideration throughout the market.
WIF’s surge is fueled by the broader bull marketplace for meme cash. Using the wave of the memecoin pageant, the coin noticed a whopping 300% acquire in only a week. Notably, a dealer who invested $310 for two.58 million WIF cash three months in the past is now sitting on a outstanding $3.12 million, all due to the continuing rally.
Additionally Learn: Memecoin Mania Explodes, Shiba Inu Costs Soar, and Dogwifhat (WIF) Exhibits Sturdy Momentum
Whales Eye Meme Cash
Regardless of the surge in value, curiosity from whales in Dogwifhat stays robust. Simply six hours in the past, a big transaction noticed a whale make investments $1.34 million to accumulate 1.49 million WIF tokens, underscoring the rising curiosity within the coin. These large strikes by whales performed a component in WIF’s large value bounce. Nevertheless, in line with Lookonchain, a Solana whale additionally snapped up $1.34 million value of WIF tokens proper after the Robinhood itemizing.
Past WIF, different meme cash like Shiba Inu (SHIB) and Dogecoin (DOGE) are additionally experiencing substantial good points. SHIB surged by a powerful 52.85% within the final 24 hours, hitting $0.00001976 with a market cap of $11.65 billion. In the meantime, DOGE continues its rally with an 18% enhance and a powerful 66% surge over the previous week.
Learn Extra: Will These Prime Meme Cash Give 100% Rally This Week?
Market Snapshot
The present meme coin surge is capturing the passion of each common and massive traders. WIF, after hitting a low in January, reached a file $1 on March 1, 2024, marking a staggering 1400% enhance. The Relative Power Index, indicating overbought situations, hovered above 70% from February 26 to 29, dropping briefly under earlier than climbing again above this threshold on March 1, 2024.
With WIF’s value up 272% since February, the burning query is: what’s subsequent for Dogwifhat? Keep tuned to extra updates from Coinpedia!