#Write2Earn Dogwifhat (WIF), a meme coin based on the Solana ($SOL ) blockchain, has experienced a sudden surge of 30% in its price in the last 24 hours. #WIF reached intraday highs of $0.2356, maintaining its rise from the previous day's low of $0.17. 

At the time of writing, WIF was up 30% in the last 24 hours to $0.233. The price increase coincides with positive sentiment in the crypto market, as Bitcoin and other major coins also saw gains.

WIF/USD Daily Chart, Courtesy: #tradingview

Likewise, another possible reason might be the WIF listing on major crypto #exchange Bitfinex.

Bitfinex announced the listing of WIF in a Feb. 7 X post. According to an official blog post, WIF deposits were opened at 4:00 p.m. UTC on Feb. 7, 2024. Trading of WIF commences on Feb. 8 at approximately 1:30 p.m. PM UTC. WIF will be available to trade with U.S. dollars (WIF/USD) and Tether tokens (WIF/USDt). Withdrawals are expected to open on Feb. 9 at approximately 1:30 p.m. UTC.

Deposits are open for 🐶🎩 dogwifhat $WIF!@dogwifcoin is the popular meme that’s vibing wif frens onchain!

Find out when trading starts:https://t.co/bxdT0bbDHm pic.twitter.com/iJTs2GRVE6

— Bitfinex (@bitfinex) February 7, 2024

The news was met with enthusiasm by the Dogwifhat community, with the official Dogwifhat X handle posting the milestone.

WIF debuted quietly in November before experiencing its first significant price rise in December. It rose even higher, reaching an all-time high of $0.481 last month before falling to a low of $0.17 on Feb. 7 before recovering.

Dogwifhat (WIF) Before Price Plunged

WIF now has a market capitalization of $234 million, ranking it as the 198th largest cryptocurrency — and the seventh-largest meme coin overall. Trading volume in the last day exceeded $60 million.

Solana, the fifth largest cryptocurrency by market value, appears to be riding the WIF and the overall crypto market wave, jumping 10% to $104. SOL has recaptured the $100 level once again after the outage that worried traders on Monday turned out to be a local low, with FUD propelling the price rebound.#TrendingTopic