Musk ignites the craze for Solana’s popular meme coin WIF
In a viral video on social media platform
The off-the-cuff mention during the livestream quickly had widespread impact within the cryptocurrency community. Despite the overall downward trend in the market, Musk's comments managed to push WIF prices higher.
Musk mentioned Dogwifhat, triggering market enthusiasm
Recently, in a video that quickly gained attention, Tesla CEO Musk inadvertently mentioned his familiarity with Dogwifhat, a popular meme coin on the Solana blockchain. As an important figure in the cryptocurrency world, Musk’s past endorsements, especially his support for DOGE, have had a significant impact on market trends.
Dogecoin is another popular dog-themed cryptocurrency that experienced significant gains and widespread attention following Musk’s tweet and endorsement. Musk has always remained optimistic about the future of DOGE, often referring to it as the leading meme coin.
Before Musk mentioned it, WIF had been struggling in the market. However, Musk’s comments immediately sparked speculation and enthusiasm among his followers, and WIF’s price quickly rebounded despite the overall downward trend in the cryptocurrency market. This incident once again proves Musk’s huge influence in the cryptocurrency field.
It is worth mentioning that this is the first time Musk has publicly mentioned other meme coins besides Doge. His past preference for Doge and his neglect of SHIB, the second-largest meme cryptocurrency, are well known. So Musk's mention of WIF came as a surprise to many observers.
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