Dogwifhat (WIF) Soars After Major Coinbase Listing
WIF price soars to 7-month high as Coinbase lists top Solana-based meme coin. See latest price action and trends
Highlights:
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WIF surged 40% after Coinbase listing.
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WIF now trades at its highest since April.
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Meme coins see strong gains, led by WIF and PEPE.
Dogwifhat, the top meme coin on Solana, has taken off, gaining over 40% in just 24 hours. This rally came shortly after Coinbase, a leading cryptocurrency exchange, added WIF to its trading options. The Coinbase listing, combined with WIF’s growing fanbase, has supercharged momentum for this meme coin.
Coinbase Listing and Perpetual Contracts Fuels WIF's Rally
Coinbase’s choice to list WIF isn't the first move that has elevated the coin’s status. Earlier this year, the exchange introduced WIF perpetual contracts, which drove trading activity and fueled a price spike.
Being on a major platform like Coinbase can bring crucial benefits, especially for meme tokens. Greater demand, higher liquidity, and enhanced credibility all contribute to a potential price increase.
WIF’s Quest to Catch PEPE Amid Meme Coin Frenzy
With a market cap near $4 billion, WIF currently stands as the fourth-largest meme coin, trailing PEPE, which recently hit a new record high after listings on Coinbase and Robinhood. These listings propelled PEPE into the spotlight, creating intense competition within the meme coin market.
WIF isn't the only meme coin drawing interest. A surge of green has flooded the meme coin niche, with tokens like SHIB, BONK, and FLOKI seeing double-digit gains in the past week.
As more exchanges add meme coins like WIF, the market grows more competitive—and volatile.
For investors, each new listing offers potential profit but also high risk. The rapid rise of Dogwifhat highlights the power of exposure, as WIF’s Coinbase debut signals further momentum in the meme coin realm.
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