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The Solana meme coin season persists as dogwifhat (WIF) witnesses its market capitalization attain $4 billion on Friday.
WIF touched $4 on Friday morning, a brand recent all-time excessive from Solana’s most modern canine-themed memecoin.
Dogwifhat Climbs to Third Field in Memecoin Market Cap Rankings
Throughout the most up-to-date imprint surge, WIF surpassed PEPE to claim third in the rankings. Solana’s inaugural canine-themed meme coin now finds itself at the support of WIF. For the time being, BONK holds a market capitalization that is practically half of the scale of WIF.
Having launched in November 2023 at a measly imprint of $0.0000021, WIF has viewed a meteoric upward thrust within the crypto sector, hiking as excessive as 40 in the full market cap rankings.
Solana memecoins continue to witness a upward thrust in fame. The elevated hobby in trading Solana-based fully tokens comes off the support of more affordable gasoline costs. Something Ethereum has but to beat. Solana’s Total Price Locked (TVL) lately broke $4 billion and in the intervening time sits at $4.5 billion as hobby continues to lengthen.
Read Extra: Dogwifhat (WIF) Stamp Prediction 2024/2025/2030
The most modern itemizing by tier 1 exchanges corresponding to Binance and KuCoin has best likely added credibility to the project, which describes itself on its web teach as “LITERALLY JUST A DOG WIF A HAT.”
While WIF stays the pinnacle memecoin on Solana, Shiba Inu (SHIB) and Dogecoin (DOGE) dwell the pinnacle dogs, with market caps 3x and 5x that of WIF. Safe to claim no person will almost certainly be catching the pinnacle two anytime quickly.
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Ryan Boltman is a dynamic and skilled professional with a prosperous background in marketing management, industry development, and cryptocurrency journalism. With a BCOM in Advertising and marketing Administration from the University of South Africa and an Honors in Swap Administration, Ryan has honed his skills all over a pair of countries collectively with South Africa, the US, and the Netherlands. His profession comprises important roles in buyer success, sales management, and teach material introduction within the blockchain…
Ryan Boltman is a dynamic and skilled professional with a prosperous background in marketing management, industry development, and cryptocurrency journalism. With a BCOM in Advertising and marketing Administration from the University of South Africa and an Honors in Swap Administration, Ryan has honed his skills all over a pair of countries collectively with South Africa, the US, and the Netherlands. His profession comprises important roles in buyer success, sales management, and teach material introduction within the blockchain…
