Dogwifhat has been on a tear over the past week, rising 41.44% in 7 days and rejoining the top 50 cryptocurrencies by market cap.
According to a recent report by CoinGecko, sentiment around memecoin remains positive in 2024 as the 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 top return of 1,312% among the top tokens by market cap.
After Dogwifhat returned to the top 50 tokens, it currently has a market cap of $2.4 billion, just 2 times away from setting a new high.
