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Quietly rising: Another 10,000-fold coin on Solana - "Hat Dog" WIF

In the cryptocurrency market in 2024, the Meme coin sector ushered in an unprecedented prosperity. Among them, a particularly eye-catching project is WIF on the Solana chain, a Shiba Inu wearing a pink woolen hat.

The story of WIF began on November 20, 2022, when it opened quietly at $0.00016. However, the official Twitter account did not post its first tweet until December 29, 2022, and the content was just forwarded. Despite this, WIF did not stagnate. Since mid-December last year, the price of WIF has gradually increased, and the official Twitter has also become active during this period.

Critical moment

The real turning point came on March 1, 2023, when Robinhood announced the launch of WIF. The news immediately attracted widespread attention, not only WIF's loyal fans, but also other crypto enthusiasts turned their attention to WIF. Then, on March 2, Arthur Hayes, a well-known cryptocurrency analyst, tweeted that he was optimistic about WIF and believed that its price could break through $2. This statement further boosted the popularity of WIF.

Price curve

Looking back at the price curve of WIF, the price of WIF has gradually increased since December 2019, and the official Twitter account also became active during this period. On January 18, 2023, WIF was listed on Binance, and the price continued to rise. On March 1, Robinhood's launch announcement once again boosted the price of WIF, with a 24-hour increase of 62.0%.

Similarities and differences with DOGE

WIF's Shiba Inu image and the skyrocketing route after listing on Robinhood are reminiscent of DOGE.

However, WIF's development path is different from DOGE. WIF's official Twitter account operates arbitrarily, lacks clear community incentive projects and frequent official interactions, but WIF still stands out among the Meme coins on the Solana chain with its unique image and community promotion capabilities.

Recently, Musk-related meme coin#marvin(address 7055) has attracted attention. The name Marvin comes from Musk's beloved dog, who he often mentions on Twitter and celebrates his birthday on November 1 every year. Marvin's current market value is only over $500,000, but due to its active community promotion, it is expected to soon exceed 10 million in market value, and there is a possibility of 100-1000 times growth in the short term.#新币挖矿HMSTR #美联储宣布降息50个基点 #加密市场反弹 #币安上线NEIRO