Solana has a crazy meme coin! BONK and WIF are blowing up the crypto universe!
Just today, the cryptocurrency market is on fire again, and it’s on the rise! In the early afternoon, the increase was as high as 2.2%, and the total market value soared to $2.32 trillion! What’s particularly noteworthy is that altcoins and meme coins have risen strongly again, rising sharply. Among them, Dogwifhat (WIF) soared 12.5% to $2.24, and Bonk (BONK) was not to be outdone, rising 8.65% to $0.00002380.
As of now, the price of Dogwifhat has reached a high of $2.35, and in the past 24 hours, it has risen by as much as 12%, but the current price has fallen back to $2.23. Looking further into the timeline, we can clearly see that over the past seven days, the price of the Meme Token has been on a tear, rising by more than 38% from a strong rebound from $1.57.
With the current trading volume of the Solana Meme Token at around $400 million, WIF looks set to rise again in the coming days. This speaks volumes to the fact that WIF is generating a lot of interest, despite being smaller than the meme coin giants Dogecoin (DOGE) and Shiba Inu (SHIB).
Analysis from Bluntz Capital suggests that Dogwifhat could potentially rise to $10 in the coming months, which would be combined with a rise in the price of Solana itself. The crypto analyst is convinced that WIF has bottomed out and is now opening the door to new highs. As the premier meme coin on Solana, Dogwifhat could also benefit greatly from the strong performance of SOL itself.
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