Dogwifhat rises: surpassing DOGE and SHIB to become the new top meme coin
Recently, Dogwifhat (WIF) on the Solana chain has successfully surpassed the highly anticipated Dogecoin (DOGE) and Shiba Inu (SHIB) with its amazing trading volume, and has emerged in the meme coin market. According to CoinMarketCap data, WIF's daily trading volume has reached an impressive level, highlighting its status as a new upstart in the meme coin market.
In the past 24 hours, WIF's trading volume reached $600 million, far exceeding Pepe (PEPE)'s $518 million, and even left behind the former meme coin leader Dogecoin (DOGE), whose trading volume was only $424 million.
After a sharp drop last month, Dogwifhat has shown a strong rebound momentum. Currently, the price of WIF is about $2.3, and the increase in the past 24 hours has reached 16.96%, which fully demonstrates the return of investor confidence.
Although Shiba Inu (SHIB) ranks sixth in terms of trading volume at $172 million, its market capitalization remains at second at $10.2 billion. Meanwhile, Bonk (BONK) and Floki Inu (Floki) surpass SHIB in terms of trading volume, reaching $208 million and $191 million, respectively. This trend shows that emerging meme coins are gradually gaining more attention from the market.
With its strong performance in early July, Dogwifhat (WIF) is expected to break through the $2.5 mark. Currently, WIF's performance among cryptocurrencies is second only to Ethereum Name Service (ENS), demonstrating its extraordinary market potential.
Recently, all the coins we have deployed have earned more than 50%.
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