DogWifHat, a meme coin inspired by Solana, is forging new avenues every day. WIF’s popularity has skyrocketed to new highs, catapulting the token to become the third-largest meme coin by market cap.
WIF has been topping charts as of late, surging nearly 700% in the last month. The token has noted a visible decline of 21% in the last 24 hours. However, this sudden price swing has yet to deter the long-term excitement spurred by the token within the crypto community.
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DogWifHat’s Surging Popularity
Per the data from CoinMarketCap, Solana-based meme coin WIF has now claimed the top three meme coin spots. The token is now the third-largest meme coin by market cap, leaving PEPE behind.
WIF’s notable popularity surge has been slightly influenced by its strong community sentiments. The token is backed by a robust community infrastructure that has been loyal to the token since its inception. WIF’s strong market sentiment is also influencing Solana to hit new price milestones.
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DogWifHat March End Analysis
With WIF’s promising price momentum, CoinCodex has predicted new price metrics for the platform. The token briefly touched the $3 mark before retracing its steps back to stabilize at $2.27. However, the platform predicts that WIF may soon surge ahead and breach the $3 mark.
Per CoinCodex, WIF may hit $3.38 by the end of March 2024.
“…Based on these Dogwifhat projections, WIF will be changing hands at $3.38 on March 26, 2024, gaining 47.59% in the process.”
The platform further predicts a 50% surge for WIF, claiming that it may breach the $3.50 mark by March 31st.
The current bull market phase has proven particularly favorable for meme coins. Notable meme cryptocurrencies such as PEPE, BONK, BOME, and WIF were noted to be touching new price highs.