Dogwifhat (WIF) is bigger than DOGE, SHIB and PEPE

TL; DR

Dogwifhat (YF), a meme coin on the Solana ecosystem, rose nearly 50% on a weekly basis to $2.30, becoming one of the top performers in the consortium. Analysts predict a continued bull run for the asset, with forecasts suggesting it could reach $3 soon and possibly $12 by the end of the year.

WIF on Spotlight

The largest meme coin built on the Solana ecosystem – DogwhipHat (WFF) – has been making headlines over the past several days due to its massive price increase. It's up 12% daily and nearly 50% weekly, currently hovering at $2.30 (per CoinGecko data).

In addition to its price rally, WIF has become a meme coin, generating the highest number of trades on a daily basis. The figure It stands on over $560 million, followed by the frog-themed PEPE with an estimated $490 million. In leading meme coins terms Market capitalization – Dogecoin (DOGE) and Shiba Inu (SHIB) – $415 million and $170 million, respectively.

Many analysts have noted WIF's recent resurgence, with some thinking it could be the start of a real bull run. X User Bluntz He said he deserved it. The value of the asset could go up to $12 by the end of the year.

Rhaegar said he was very against it. of Meme coins but WIF looks differentwaiting In the following days, the price rose to $3.

For those looking to trade, over $2.30 for a $wf break and hold is a good sign.

I'm against most of the mentions when I'm vocal about casino twitter, but this is one of the few I've started a business with.

I wouldn't do it as a long term investment like Bitcoin but it can… pic.twitter.com/pGpbKy5O9B

— Rager (@Rager) July 1, 2024

The revival of the meme coin.

MemCoin is not the only WF to show significant gains today (July 1). of The total market value of the place At nearly $53 billion (an increase of 5% daily), DOGE rose by 2.5%, SHIB by 2%, and BONK by 8%.

Meanwhile, lesser-known names such as ANDY ETH (ANDY), LandWolf (WOLF), Toshi (TOSHI), Purr (PURR), Wojak (WOJAK) and several others headed north in double digits.