 ▲ Dogwifcoin (WIF) (Source: @dogwifcoin) |
Dogwifhat (WIF), a meme coin based on Solana (SOL), soared more than 80% in one week, ranking third in market capitalization among meme coins.
As of 8:25 am on the 31st (Korean time), according to data from global cryptocurrency price platform CoinMarketCap, WIF, the 31st cryptocurrency by market cap, is trading at $4.25, up 7.32% from 24 hours ago.
WIF rose 84.37% in one week. The market capitalization also surged to $4.24 billion, surpassing PEPE's market cap ($3.38 billion).
In relation to this, CoinDesk, a cryptocurrency media outlet, said, "Speculation is spreading that Dogecoin (DOGE), the leader in meme coins, will be included in the payment method of X (formerly Twitter)'s payment service to be released soon, and the overall meme coin market is showing strength. "There has been no official announcement of the .
Meanwhile, Andrew Kang, co-founder of mechanism capital, a cryptocurrency investment company, recently predicted through did.
He said, "Memcoin is a type of asset, and people can allocate more money to entertainment expenses than to investments and assets. Many people say that Memcoin is a zero-sum game, but this is wrong. The Memcoin market has periodic lows and highs. "And market capitalization will increase over the next 10 years. This is the emergence of a new asset class," he added.
