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<p>The post <a href="https://coinpedia.org/news/solanas-dogwifhat-wif-leads-meme-coin-rally-with-50-surge-aiming-for-3/">Solana’s Dogwifhat (WIF) Crowned First Meme Coin to Break $1! $3 Next?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Get ready for a wild ride in the meme coin world! <a href="https://coinpedia.org/news/dogwifhat-wif-price-to-hit-2-predicts-founder-of-bitmex-arthur-hayes/">Dogwifhat (WIF)</a> steals the spotlight with an incredible 50% surge in the past 24 hours, outshining BONK and DOGE. Breaking records, WIF has become the first major meme token to exceed the $1 mark, making waves in the meme coin community.</p> 
<p>Here’s some more information.</p> 
<h2 class="wp-block-heading" id="h-breaking-the-1-barrier">Breaking the $1 Barrier</h2> 
<p>Notably, Dogwifhat (WIF) has become the first major meme token to breach the $1 price threshold. Meanwhile, these Meme tokens typically have large circulating supplies, and until now, major meme tokens like <a href="https://markets.coinpedia.org/dogecoin/" target="_blank" rel="noreferrer noopener">Dogecoin (DOGE)</a> and <a href="https://markets.coinpedia.org/shiba-inu/" target="_blank" rel="noreferrer noopener">Shiba Inu (SHIB)</a> have not crossed the psychologically significant $1 mark.</p> 
<h2 class="wp-block-heading" id="h-binance-listing-fuels-the-fire"><strong>Binance Listing Fuels the Fire</strong></h2> 
<p>The surge in WIF’s value can be attributed to its recent listing on the popular <a href="https://coinpedia.org/news/sec-requests-court-intervention-as-binance-us-withholds-information/">Binance exchange</a>. The first day on Binance saw a whopping $219 million in WIF trades, propelling the meme coin to an impressive $2.24 and a market cap exceeding $2 billion in just three short months.</p> 
<p>WIF is riding high on a wave of demand, boasting a daily trading volume of $489 million, according to <a href="https://app.santiment.net/charts?settings=%7B%22slug%22%3A%22dogwifhat%22%2C%22ticker%22%3A%22WIF%22%2C%22from%22%3A%222023-12-03T23%3A00%3A01.938Z%22%2C%22to%22%3A%222024-03-04T22%3A59%3A59.938Z%22%7D&amp;widgets=%5B%7B%22widget%22%3A%22ChartWidget%22%2C%22wm%22%3A%5B%22daily_trading_volume_usd%22%2C%22%5B2%3Bdaily_trading_volume_usd%3BMA7%5D%22%5D%2C%22whm%22%3A%5B%5D%2C%22wax%22%3A%5B0%5D%2C%22wpax%22%3A%5B%5D%2C%22wc%22%3A%5B%22%23FF5B5B%22%2C%22%23FFCB47%22%5D%7D%2C%7B%22widget%22%3A%22ChartWidget%22%2C%22wm%22%3A%5B%22social_dominance_total%22%2C%22social_volume_total%22%5D%2C%22whm%22%3A%5B%5D%2C%22wax%22%3A%5B0%2C1%5D%2C%22wpax%22%3A%5B%5D%2C%22wc%22%3A%5B%22%23FF5B5B%22%2C%22%2368DBF4%22%5D%2C%22ws%22%3A%7B%220%22%3A%7B%22interval%22%3A%221d%22%7D%2C%221%22%3A%7B%22interval%22%3A%221d%22%7D%7D%7D%2C%7B%22widget%22%3A%22ChartWidget%22%2C%22wm%22%3A%5B%22mvrv_usd%22%2C%22transaction_volume_profit_loss_ratio%22%5D%2C%22whm%22%3A%5B%5D%2C%22wax%22%3A%5B%5D%2C%22wpax%22%3A%5B%5D%2C%22wc%22%3A%5B%22%23FFAD4D%22%2C%22%23FF5B5B%22%5D%7D%2C%7B%22widget%22%3A%22ChartWidget%22%2C%22wm%22%3A%5B%22daily_active_addresses%22%2C%22network_growth%22%2C%22%5B2%3Bdaily_active_addresses%3BMA30%5D%22%2C%22%5B2%3Bnetwork_growth%3BMA30%5D%22%5D%2C%22whm%22%3A%5B%5D%2C%22wax%22%3A%5B%5D%2C%22wpax%22%3A%5B%5D%2C%22wc%22%3A%5B%22%23FFAD4D%22%2C%22%23FF5B5B%22%2C%22%23FFCB47%22%2C%22%235275FF%22%5D%7D%5D">Santiment’s data</a>. While indicators hint at overbought conditions in the short term, the Chaikin Money Flow (CMF) shows a steady influx of liquidity, supporting the ongoing price rally.</p> 
<p>Read More: <a href="https://coinpedia.org/price-analysis/top-meme-coins-that-will-make-you-millionaire-this-bull-market/">Top Meme Coins That Will Make You Millionaire This Bull Market</a></p> 
<p>A closer look at WIF’s recent performance reveals a story of consistent bullish momentum. With 20 positive candles in the last 30 days, accounting for 67% of the observed period, investor confidence and interest in WIF are on the rise.</p> 
<h2 class="wp-block-heading" id="h-the-sentiment-cautious-optimism">The Sentiment? Cautious Optimism</h2> 
<p>With substantial liquidity and a strong market cap, WIF appears well-positioned for future price movements. However, predicting a swift climb to $3 in the coming days requires a careful analysis. </p> 
<p>As the meme coin fever continues, keep a close eye on WIF as new developments come up.</p> 
<p>Also Read: <a href="https://coinpedia.org/price-analysis/the-top-most-dynamic-meme-coins-are-ready-for-a-moonshot/">The Top Most Dynamic Meme Coins Are Ready For A Moonshot!</a></p>

Solana’s Dogwifhat (WIF) Crowned First Meme Coin to Break $1! $3 Next?

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