•The meteoric rise of a small digital currency after its listing on the largest digital currency exchange 🚀🔥
•The digital meme currency (Dogwifhat) rose 48% in the past 24 hours to trade at more than $2.11 during trading on Wednesday, reaching its value to more than $2 billion a little more than three months after its issuance. WIF was released in November 2023 and quickly spread in cryptocurrency circles.
•Meanwhile, the digital currency has traded close to $1 billion in the past 24 hours. As it is the first major token priced above $1. The prices of any other major meme coin, such as Dogecoin and Shiba Inu, have never crossed the big $1 mark.
•These rises in the meme currency came after its listing on the famous Binance exchange, the largest digital currency exchange in the world, where the exchange recorded $219 million in WIF trades during its first day.
•Digital meme currencies have been the focus since late February, amid the rise of most digital currencies, led by Bitcoin, as meme currencies achieved huge increases over the past days, reaching 400% on a weekly basis.
•Duguevat is now recording an increase of about 14% in the last 24 hours, to the level of 1.97, after it reduced part of its gains, while it recorded an increase of about 168% in the last 7 days.
