Dogwifhat has re-entered the top 50 cryptocurrencies by market capitalization after a 41.44% surge in the past week.
According to a recent report by CoinGecko, sentiment around memecoin remains positive in 2024 as this asset class remains one of the most watched asset classes in 202.
Memecoin has also become one of the biggest trends in the cryptocurrency industry in 2024, with an average highest return of 1,312% among the top tokens by market capitalization.
After returning to the top 50 tokens, Dogwifhat currently has a market capitalization of $2.4 billion, just 2 times away from setting a new high.
