Dogwifhat flips Pepe as WIF hits new ATH

Dogwifhat (WIF) strengthened its position as the top Solana-based meme coin.

With a 20% spike on Friday, the popular meme coin hit $4 to reach a new all-time high. This came after WIF price pushed past the previous all-time high reached in mid-March.

Chart showing dogwifhat price. Source: TradingView

The gains saw dogwifhat flip Pepe in market cap after it reached $4 billion. Pepe, which had weekly gains of just 6% compared to WIF’s 64%, had its market cap at around $3.3 billion at the time of writing.

At current prices of $3.63, WIF is way up on its all-time low of $0.001555 in mid-December 2023.

Dogecoin breaks above $0.2

Dogwifhat’s recent surge has it poised behind meme coin heavyweights Shiba Inu and Dogecoin.

DOGE has had a decent run of its own, with Dogecoin price hitting highs of $0.22. The original dog-meme coin has jumped more than 120% in the past 30 days.

This upside has come as bets on DOGE futures rose to a record $2.2 billion amid bullish sentiment around potential listing of Dogecoin futures trading on Coinbase.

The exchange recently revealed it would launch futures trading for Dogecoin, Bitcoin Cash and Litecoin.

Comments

Post a Comment

Popular posts from this blog

Ethereum (ETH) price is aiming for $1,800 in February — Here is why

Image
ETH price is finding support at $1,560 and multiple data points are beginning to hint at a possible rally to $1,800 before the end of February. Ether (ETH) has been struggling with the $1,680 resistance since Jan. 20. Still, the ascending triangle pattern and improvements in investor sentiment in ETH derivatives provides hope that Ether price could reach $1,800 or higher by the end of February. This, of course, depends on how the Ether price behaves as it reaches the pattern deadline by mid-February.  Ether/USD price index, 12-hour. Source: TradingView From one side, traders are relieved that Ether is trading up 33% year-to-date, but the repeated failures to break the $1,680 resistance coupled with negative newsflow might give bears the power to cancel the bullish triangle pattern. According to a Jan. 30 report from Axios, New York State's Department of Financial Services is reportedly investigating Cryptocurrency Exchange Gemini over claims that the firm made regarding assets in...
Read more

Venezuela’s oil-backed cryptocurrency Petro to shut down

The Venezuelan government will reportedly shut down Petro (PTR), its state-issued, oil-backed crypto, which was subject to controversy and did not see mass adoption by citizens in the country.  According to reports, crypto wallets on the Patria website, the trading platform for Venezuela’s Petro, will cease operations on Monday, Jan. 15, with the remaining Petro converted to bolivar, the country’s fiat currency .  Petro’s demise comes nearly six years after its official launch in 2018. Venezuelan President Nicolás Maduro said at the time that the crypto will help to circumvent harsh sanctions by the US government and also help the country’s collapsing economy. You might also like: Venezuela authorities seize Bitcoin mining machines from notorious prison However, the state-issued crypto currency which was an ambitious project, failed to see widespread adoption among citizens, with the country’s legislators labeling the token as unconstit...
Read more

Top 3 Memecoins To Watch In June 2024

Image
Table of Contents PawFury (PAW): The Next Big Thing Cardano (ADA): The Smart Contract Innovator Ripple (XRP): The Payment Revolution Conclusion Meme coins are gaining traction, and June 2024 is set to be an exciting month. This article highlights the top three meme coins to watch: PawFury (PAW), Cardano (ADA), and Ripple (XRP). 1. PawFury (PAW): The Next Big Thing PawFury (PAW) is poised to be the next big thing in the meme coin world. With a presale that has already raised over $3 million and a growing Telegram community of over 30,000 members, PawFury is generating massive interest. Currently priced at $0.00844, analysts predict it could surge to $0.0200. This is your chance to get in early on a coin that’s set to explode. Don’t miss out on this golden opportunity – PawFury is the future of meme coins! 2. Cardano (ADA): The Smart Contract Innovator Cardano (ADA) is known for its unique approach to smart contracts and blockch...
Read more