2024

Solana

Coin

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<a href="https://u.today/20000-growth-new-solana-meme-coin-dogwifhat-wif-defies-logic-and-reality" rel="noopener noreferrer nofollow">Dogwifhat (WIF)</a>, a popular meme token on the&nbsp;<a href="https://u.today/solana-sol-price-analysis-for-january-9" rel="noopener noreferrer nofollow">Solana</a> blockchain, experienced a meteoric rise of over 100% in a matter of 12 hours, fueled by a combination of significant whale purchases and speculation surrounding a potential listing on largest crypto exchange Binance.
The surge was accompanied by a series of large buy orders placed by an individual with the online handle "Binanceinsider.sol." According to&nbsp;<a href="https://x.com/lookonchain/status/1745273319476359531?s=20" rel="noopener noreferrer nofollow">Lookonchain</a> data, a mysterious investor acquired a staggering 17.22 million WIF tokens for approximately $8.65 million earlier today. This substantial investment, coupled with the whale's suggestive moniker, has ignited speculation that&nbsp;<a href="https://u.today/binance-pay-surpasses-12-million-active-users-report-says" rel="noopener noreferrer nofollow">Binance</a> might be considering listing Dogwifhat in the near future.
<blockquote>
 Crazy!A whale(binance-insider.sol) spent 86,738.1 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>($8.65M) to buy 17.22M <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WIF</a> at $0.5022 4 hours ago.The whale calls himself a "binance insider" and seems to want to tell everyone that <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WIF</a> will be listed on <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a>. <a href="https://t.co/ifdfNKG6LW" rel="noopener noreferrer nofollow">pic.twitter.com/ifdfNKG6LW</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1745273319476359531?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 11, 2024</a>
</blockquote>
This is not the first time "binance-insider.sol" has shown interest in WIF. The same entity reportedly purchased nearly 20 million tokens for a mere $225,000 earlier. With today's sizable purchase, "binance-insider.sol" has become the second-largest holder of WIF, holding a portfolio currently valued at close to $7 million.
<h2 dir="ltr" id="hat-still-on">Hat still on</h2>
The whales' activity has had a profound impact on Dogwifhat's price, propelling it from $0.10 to a peak of $0.213 within a few hours. This surge has catapulted WIF into seventh place among meme tokens by market capitalization, according to&nbsp;<a href="https://coinmarketcap.com/view/memes/" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="6e0194cd-d5c4-4d55-ad79-2c48c16d9620" src="https://u.today/sites/default/files/inline-images/WIF_1D_graph_coinmarketcap%20%282%29.jpeg">WIF to USD by <a href="https://coinmarketcap.com/currencies/dogwifhat/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
While Binance has yet to officially comment on any potential listing plans for Dogwifhat, the community remains abuzz with anticipation. The token's rapid price appreciation and the "binance-insider.sol" saga have created a perfect storm of excitement, leaving investors wondering if WIF is poised for a major listing.

Solana Meme Coin Dogwifhat Jumps 100% as Binance Speculation Heats Up

Table of Contents

U_Today

Other articles published on Jan 11, 2024

Ripple's XRP to Rally 1900% and Reach $7: Predicts Analyst

Kishu Inu Price Retraces 200 EMA: Have Bears Reclaimed Dominance?

PI Network: Is PI Crypto Going To Shoot A Parabolic Move Soon?

Tether (USDT), Solana (SOL) And Bonk (BONK) Holders Are Rushing To Get Into The Pushd (PUSHD) Pre...

Anticipation Grows for a Potential XRP ETF Following Bitcoin ETF Approval

Ethereum Price Might Surge 50% in January 2024 : Here’s The Major Driving Factor For ETH Price

Join our free newsletter for daily crypto updates!