Dogwifat (WIF) – Marks the Ascent of Meme Coin on Solana
Dogwifat (WIF), the meme token based on the Solana platform, has recorded significant growth over the past month. With a market capitalization surpassing $2.3 billion, WIF has earned its place among the top 100 cryptocurrencies.
The token's price hit an all-time high of $2.48 on March 10 before a correction due to profit-taking. Despite this price drop, WIF still saw a 723% increase over the past 30 days.
In just the last 24 hours, WIF has increased nearly 25% from its 24-hour low of $1.83. Currently, WIF is trading at $2.37, according to CoinGecko data.
Dogwifat's rise can be explained by a number of factors, including the popularity of the meme coin among the retail investor community, the influx of liquidity into altcoins, and its plans for utility in the real world of the project.
