TL;DR
- WIF’s solid price increase happened shortly after Coinbase allowed trading services with the asset.
- Its momentum comes amid intense competition in the meme coin market, with tokens like PEPE, DOGE, and PNUT exploding by triple and even quadruple digits in the past week.
WIF in the Spotlight Again
The biggest Solana-based meme coin – dogwifhat (WIF) – saw its price pumping by over 40% in the past 24 hours. Currently, it trades at $4.30 (per CoinGecko’s data), a level last observed in April this year.
WIF’s valuation started rallying shortly after the leading crypto exchange Coinbase listed the asset on its platform.
dogwifhat (WIF) is now live on https://t.co/CD3RBjukqm & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. https://t.co/676miKRZ4P
— Coinbase Assets ️ (@CoinbaseAssets) November 13, 2024
It is worth noting that this is not the first time the company has supported the meme coin. Earlier this year, it Go to Source to See Full Article
Author: Dimitar Dzhondzhorov
