Popular Solana-based meme coin dogwifhat (WIF) hit a new all-time high price, reaching $4 per coin, CryptoPotato reports. Its market value once reached an astonishing US$4 billion. Currently, WIF has a market capitalization of approximately $3.7 billion, making it the 40th largest cryptocurrency by market capitalization and the third largest in the meme coin space. Pepe Coin (PEPE) has a market capitalization of approximately $3.3 billion, ranking fourth. WIF’s latest rally comes amid a notable resurgence in the meme coin space. The leading meme coin Dogecoin (DOGE) broke through the $0.20 mark, with a weekly gain of 32%. Shiba Inu (SHIB) also had a strong performance, but its gains were more modest. It is worth noting that WIF has performed extremely well since its listing late last year, with prices increasing by more than 2,000% since the beginning of 2024. However, traders should be aware that due to the high volatility of Meme coins, trading this asset can result in significant losses.