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Dogwifhat Outpacing Meme Coin Rivals Bonk, Pepe and Dogecoin With 20% Features

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Ever-ascendant Solana token Dogwifhat (WIF) led a rally for meme cash on Tuesday, rising greater than 20% in a single day as the remainder of the crypto market remained largely stagnant.

Inside hours, the WIF value—the meme coin of the second—rose as excessive as $3.27 early Tuesday morning, earlier than settling to $3.18 at writing. The Shiba Inu-themed token has risen 20% within the final 24 hours.

Tuesday’s good points have as soon as once more pushed Dogwifhat to a market capitalization north of $3 billion—$3.168 billion, to be exact. That’s a outstanding accomplishment for a meme coin that launched mere months in the past, with little extra to supply than the sight of a pet sporting a knit beanie.

WIF wasn’t the one Solana-based, Shiba Inu-themed token to outpace the crypto market on Tuesday. BONK, which exploded in recognition in December, noticed spectacular good points of greater than 13% throughout the evening.

The token is up 13% within the final 24 hours (to a value that also stays a fraction of a fraction of a cent). That motion brings BONK’s market capitalization to roughly $1.734 billion.

Solely weeks in the past, WIF flipped BONK’s market cap for the first time ever. Now, it will seem that the development is solidifying.

Over on Ethereum, distinguished meme cash additionally had an particularly good morning. Cult-favorite Pepecoin (PEPE) popped over 10% on Tuesday, earlier than settling right into a 24-gain of 6.5% by writing.

The godfather of all meme cash, Dogecoin (DOGE), additionally noticed a stable—if pretty unspectacular—exhibiting early Tuesday. The token is up 4.5% right this moment, to simply north of $0.18 at writing. Within the final week, DOGE has seen a outstanding bump of over 37%.

See also  Solana's stablecoin provide surges previous $3 billion, USDC leads the cost

It will appear DOGE has gotten a lift from the Dogefather himself. Simply yesterday a xAI Grok person posted a screenshot exhibiting the response to their question, “Can I ship or obtain DOGE on X?” Grok stated sure after which proceeded to stroll the customers via steps that contain a not-yet-released “X Pockets” that might first have to have DOGE in it.

FULFILL THE PROPHECY #DOGE pic.twitter.com/J3fweq2hKH

— Crypto Thies (@kingthies) March 25, 2024

Edited by Stacy Elliott.

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