🪙 Coin $WIF (#dogwifhat ) shows significant growth, reaching the current price of $1.17.
Earlier, in May 2024, $WIF crossed the 100-day moving average, signaling the beginning of a bullish trend. At that time, its market capitalization was $3.9 billion, and the daily trading volume exceeded $1.5 billion.
The current price increase may be related to ongoing investor interest in meme coins and positive technical indicators. However, it is important to consider the high volatility of the cryptocurrency market and conduct thorough analysis before making investment decisions.
Dogwifhat ($WIF ) — meme cryptocurrency launched in November 2023 on the Solana blockchain. It is based on a popular internet meme featuring a Shiba Inu dog wearing a pink knitted hat.
Key milestones in the development of WIF:
November 2023: Launch of the WIF token.
December 2023: The token quickly gained popularity, reaching a price of around $0.30, after which it fell back to $0.08 in January 2024.
March 2024: The price of WIF peaked at $4.57.
April 2024: The market capitalization of WIF reached $2.2 billion after being listed on Binance.
ℹ️ It is important to note that WIF does not have practical utility, and its value is determined by speculative interest and community sentiment.