Dogwifhat experiences a remarkable 71% surge, claiming the position of the 9th most significant memecoin.
CoinGecko, the largest independent aggregator of cryptocurrency data in the world, has reported that dogwifhat experienced the highest increase in value on January 9th, with a surge of 71.4%.
When looking at the historical performance of dogwifhat (WIF), it is important to note that the lowest point for this cryptocurrency was reached on December 13th, when the token was being traded at $0.001555. This figure has been recorded over the past 27 days. The current price represents an astonishing 8,748% increase from this historical low.
dogwifhat
Price Chart | Source:
CoinGecko
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Taking a closer look at the daily market activity, the trading volume for WIF has reached just over $21 million in the last 24 hours. This is a 108.4% increase from the previous day, indicating higher market engagement and recent heightened trading activity. As a result, WIF has secured a prominent position among the top 300 digital assets in the cryptocurrency market, marking a significant milestone for the memecoin within the Solana ecosystem.
According to the latest data from CoinMarketCap, WIF has solidified its position as the ninth-largest meme coin based on market capitalization, further establishing itself as a major player in the meme token sector.
The recent surge in the value of dogwifhat is closely linked to the positive sentiment prevailing in the wider cryptocurrency market, with a particular focus on altcoins. Solana has played a key role in the recent growth observed in the crypto market, which has seen a 7% increase in the past 24 hours. This upward trend has had a ripple effect on all Solana-based tokens, and Dogwifhat has specifically benefited from this momentum.
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