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?

Google Cuts Numerous Jobs in Engineering and Hardware Divisions

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!