Latest Wealth News!
Latest Wealth News!
Hold it and your path in the cryptocurrency circle will definitely turn around!
WIF rose by 19%, leading the rise of meme coins;
Becoming the token with the largest increase in the cryptocurrency market on July 1.
Currently, WIF is trading at around $2.2, up 19% in the past 24 hours. The daily trading volume of the crypto asset has also risen by 34%, hovering around $432 million.
At the same time, the market value of this emoji coin based on a picture of a Shiba Inu wearing a pink knitted hat has also exceeded $2.3 billion. However, WIF is still trading 55% lower than its all-time high set on March 31.
WIF surged after major asset manager VanEck filed the first Solana exchange-traded fund (ETF) in the U.S. with the Securities and Exchange Commission (SEC). VanEck’s move may have reignited the enthusiasm of Solana-based meme coin investors, who expect the price of such tokens to surge after the Solana ETF is approved.
Meanwhile, WIF has broken through a resistance trendline with a forecast price target of $4.5.
WIF’s price rise also came along with the broader meme coin market, which rose 4.3% to $49.2 billion in the past 24 hours. In addition to WIF, other popular meme coins that saw significant price increases include Pepecoin (PEPECOIN), Bonk (BONK), and Brett (BRETT), which rose 9%, 8%, and 7%, respectively.
The current bull market is surging;
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