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Solana

2024

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<div class="cryptonews"> 
 <p class="is-style-lead">Dogwifhat (WIF), a Solana blockchain meme token, soared over 70% in the last 24 hours, driven by substantial whale investments and speculation about a Binance <a rel="dofollow" title="listing" href="https://thebittimes.com/tag/listing.html">listing</a>.</p> 
 <p>The price jump coincided with a flurry of large buy orders from an investor known as “Binanceinsider.sol.” Data from Lookonchain revealed that the whale bought 17.22 million WIF tokens for around $8.65 million.</p> 
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    <p lang="en" dir="ltr">Crazy!<br><br>A whale(binance-insider.sol) spent 86,738.1 $SOL($8.65M) to buy 17.22M $WIF at $0.5022 4 hours ago.<br><br>The whale calls himself a "binance insider" and seems to want to tell everyone that $WIF will be listed on #Binance. pic.twitter.com/ifdfNKG6LW</p>— Lookonchain (@lookonchain) January 11, 2024
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 <p>The significant investment, together with the whale’s suggestive moniker, has fueled speculation about a <a rel="dofollow" title="potential" href="https://thebittimes.com/tag/potential.html">potential</a> Dogwifhat <a rel="dofollow" title="listing" href="https://thebittimes.com/tag/listing.html">listing</a> on Binance.</p> 
 <p>This is not the first instance of “binance-insider.sol” investing in WIF. Previously, the entity had purchased about 20 million tokens for around $225,000.</p> 
 <p>Following the latest purchase, “Binance-insider.sol” is now the second-largest holder of WIF, with a portfolio valued at nearly $7 million.</p> 
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Dogwifhat soars 71%, becomes 9th largest memecoin 
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 <p>In the past 24 hours, WIF has increased by 70%, with trading volumes reaching $35.8 million on decentralized exchanges, according to DEXScreener. The token’s market capitalization is now over $230 million.</p> 
 <p>The rise has placed WIF seventh among meme tokens in terms of market capitalization, as per CoinMarketCap.</p> 
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   <img decoding="async" width="898" height="495" src="https://cdn.thebittimes.com/images/2024/01/11/f38152c833502ea7512be7c4d6fd153d.webp" alt="Solana meme coin Dogwifhat soars 70% amid buzz of potential Binance listing - 1"> 
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   WIF 24-hour price chart | Source: CoinMarketCap
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 <p>Although there has been no official statement from Binance regarding Dogwifhat’s <a rel="dofollow" title="listing" href="https://thebittimes.com/tag/listing.html">listing</a>, the community is eagerly awaiting any announcements following the token’s swift price rise and the activities of “binance-insider.sol.”</p> 
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    <p lang="en" dir="ltr">Holy mackerel! That whale really made a splash with that purchase. Wonder if $WIF will really be listed on #Binance?</p>— Ciara (@Ciaralashay14) January 11, 2024
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 <p>Dogwifhat has emerged as one of the most notable tokens in the Solana ecosystem, gaining prominence with Bonk (BONK) and other tokens during a surge in meme coin interest on the blockchain in December.</p> 
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> BONK rallies 26%, social activity nearly doubles 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/solana-meme-coin-dogwifhat-soars-70-amid-buzz-of-potential-binance-listing-tbt76275.html">https://thebittimes.com/solana-meme-coin-dogwifhat-soars-70-amid-buzz-of-potential-binance-listing-tbt76275.html</a></p>

Solana meme coin Dogwifhat soars 70% amid buzz of potential Binance listing

TheBitTimes

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