Dogwifhat has surged more than 37% in the past 24 hours, with the price of the meme coin surging following news of the token's listing from cryptocurrency exchange Coinbase.
Coinbase announced on November 13 that it had added Dogwifhat (WIF) to its listing roadmap. The announcement saw the price of the meme coin Solana (SOL) surge to a high of $4.21 — WIF’s highest price since March when bulls hit an all-time high of $4.83.
The news sent the Dogwifhat market into a frenzy, with WIF joining Pepe ( PEPE ) and Dogecoin ( DOGE ) as the hottest meme coins of the day. As crypto.news highlighted earlier in the day, Pepe's price spiked amid the Coinbase and Robinhood listing news.
Meanwhile, DOGE crossed the $0.41 mark as the ecosystem welcomed US President-elect Donald Trump’s announcement that Elon Musk and Vivek Ramaswamy will head the Department of Government Efficiency effort.
In the case of WIF, the latest news from Coinbase has revived the bullish potential that had sunk the token in April. This was when the US-based cryptocurrency exchange first announced support for Dogwifhat perpetual futures on Coinbase International and Coinbase Advanced.
In a post on X, Coinbase chief legal officer Paul Grewal confirmed the listing of WIF. According to Grewal, the exchange added the meme coin to its roadmap amid plans to list it.
With traders largely bullish on listing events, especially on top exchanges like Coinbase and Binance, the latest news of such a move for Dogwifhat has led to bullish bets. As the market anticipates greater visibility and demand for the meme coin, WIF’s open interest has increased by more than 40% to over $729 million.
