For weeks, a dog-themed Solana meme coin relentlessly dominated Crypto Twitter discourse, with no end in sight. But it would finally appear that BONK fever has broken—thanks to… another dog-themed Solana meme coin.
Dogwifhat (WIF), an upstart meme coin depicting exactly what you’d think it would, rocked Twitter this week after climbing a ludicrous 227,000% in less than a month. WIF holders and Solana ecosystem enthusiasts giddily basked in the absurdity of the coin’s success this week, attempting to will it ever-upward.
kevin, you give me one shot here, on a blue chip like this dog with a fucking hat, and believe me kevin, the only problem you’re gonna have is that you didn’t buy more. pic.twitter.com/ebvBw19urR
— hersch (@tittyrespecter) December 21, 2023
If Dogwifhat’s supporters were laughing, though, they were laughing all the way to the bank. Activity on the token, combined with trading on other Solana meme coins, managed to push weekly trading volume on Solana decentralized exchanges (DEXs) above that on
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Author: Sander Lutz
Tip BTC Newswire with Cryptocurrency