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Cryptocurrency News Articles
Dogwifhat Surges 15%, Chases Floki Inu: 'Stupidly Bullish' Investor Asks 'Coinbase List WIF Next?' By Benzinga
Mar 26, 2024 at 04:36 am
Dogwifhat (WIF) surged 15%, rivaling Floki Inu (FLOKI) and becoming the fourth-largest meme coin by market capitalization. Its unique combination of funding for the Las Vegas sphere and impressive performance has attracted attention, with investors like Jake Gagain and MaxBecauseBTC expressing optimism. Despite its recent success, WIF is not yet listed on major exchanges like Coinbase, prompting questions about its potential for further growth.
Benzinga - While Dogwifhat (CRYPTO: WIF) has been stealing the spotlight lately, not only for raising funds for the Las Vegas sphere but also for chasing down Floki Inu (CRYPTO: FLOKI) in valuation with an impressive 15% single-day gain.
What Happened: Content creator and investor Jake Gagain predicts that Dogwifhat is about to go “parabolic,” asking, “Should Coinbase List WIF Next?!”
MaxBecauseBTC, the founder and CEO of financial market news and analysis, reveals that WIF is his largest meme coin holding.
He describes it as a “no brainer SOL beta play.” Observing the Wif/Pepe pair and a well-performing Wif/Doge pair, he considers Dogwifhat to be the only meme coin that has matched Pepe’s performance in this cycle.
“I’m stupidly bullish on the dog wif a hat… remember… we want ALL memes to do well this cycle. No hating, only supporting!”
With Bitcoin ETF inflows breaking records, Benzinga’s Future of Digital Assets conference, scheduled for Nov. 19, will bring industry leaders and investors together to discuss the future of digital asset investments.
Also Read: Dogwifhat Meme NFT Auctioned For $4.3M To Enigmatic Trading Legend
Why It Matters: Dogwifhat stands out as the only meme coin among the top gainers in today’s cryptocurrency rally, moving up to challenge Floki on the meme coin leaderboard and securing the fourth position.
According to CoinGecko data, Dogwifhat now holds the fourth spot on the meme coin board with a $2.8 billion valuation, driven by a 15% single-day gain and a significant 161% increase in trading volumes. This brings the monthly gains to 828.7%, outperforming Dogecoin, Shiba Inu, Floki, Bonk, and Pepe.
LunarCrush data highlights the top cryptocurrencies with leading combined social and market activity, showing Dogwifhat in the third position, with Dogecoin and Floki leading the way.
For traders interested in meme coins, it’s important to note that not all meme coins are listed on every cryptocurrency exchange.
Here is a list of the best exchanges for meme coin trading, along with some crypto screeners and scanners for assistance.
Join industry titans like Tim Draper and Jan Van Eck at Benzinga’s Future of Digital Assets conference on Nov. 19.
Read Next: Trader Takes $1.65M Profit On ‘Shiba Inu Killer’ Dogwifhat, But Keeps 75%: ‘Hanging On As Much As I Can’
Image: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
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- Ethereum (ETH) Goes Head-To-Head With Bitcoin (BTC), SUI Blockchain Faces Challenges, DTX Exchange (DTX) Listed Among “Best Infrastructure Altcoins”
- Nov 02, 2024 at 06:25 am
- While Ethereum’s current performance indicates a potential bullish rally in the near term, the SUI blockchain is facing challenges recovering after its Open Interest crossed $400 million.