Solana’s Biggest Memecoin Gains Over $680,000 In 3 Days As Investors Bet On Its Popularity
Over the past day, the cryptocurrency and memecoin market has experienced a significant downturn, marked by Bitcoin’s sharp decline from $73,750 to as low as $67,620, leading to a broader slump in altcoins and a nearly 6% decrease in the total crypto market capitalization, which now stands at $2.8 trillion. However, amidst this volatility, Dogwifhat has emerged as a notable exception.
Despite the overall market turbulence, Dogwifhat has demonstrated remarkable strength and resilience, witnessing a surge in its value from $2.90 to a peak of $3.50, with its current trading price at $3.20.
This surge in value is indicative of a broader trend for WIF, which has seen a remarkable 70% increase in price over the past week and an astounding 800% surge over the course of this month.
Dogwifhat (WIF) has emerged as an unlikely hero, defying the odds and wagging its pixelated tail all the way to the top of the Solana meme coin food chain.