Why the Dogwifhat memecoin may soon supplant PEPE
Dogwifhat's aggressive rally could allow memcoin to surpass PEPE, and this could happen soon
Dogwifhat's price has seen impressive gains over the past two weeks, marking two new all-time highs. This bullish sentiment makes the cryptocurrency a formidable challenger to PEPE.
The new memecoin Dogwifhat is making PEPE holders nervous. WIF's total market capitalization has crossed the $3 billion mark and is poised to overtake PEPE. The market capitalization of the first coin was $3.17 billion at the time of writing, while the capitalization of the second was $3.36 billion.
If WIF really overtakes PEPE, then the “dog” will take 3rd place in the ranking of the most capitalized memcoins, and the “frog” will be displaced.
Dogwifhat is currently trading at $3.18 and falling after failing to reach a new all-time high of $3.24 over the past 24 hours. If the bullish momentum picks up and WIF manages to overtake PEPE coin, the rise could continue.
In this case, WIF will be able to reach $3.50 and aim higher.
