dogwifhat

Dogwifhat (WIF), a dog-themed meme coin on Solana, surged recently, hitting a record high of $2.23 on March 6, 2024, and entering the top 100 cryptocurrencies by market cap.<h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" />In the unpredictable realm of cryptocurrency, stories of missed chances and surprising twists are quite common. One such story revolves around a developer closely involved with WIF, who narrowly missed out on the epic rally of Dogwifhat (WIF).<h3 id="developer-s-near-miss-dogwifhat-wif-rally">Developer’s Near Miss: Dogwifhat (WIF) Rally</h3>An undisclosed developer found himself on the brink of a significant windfall as the price of Dogwifhat (WIF) soared to unprecedented levels. However, he almost missed out on the rally entirely, saved only by a stroke of luck.According to Lookonchain, a WIF developer sold 350 million WIF for a mere 511 SOL (worth $29,000 at the time) just two days after WIF began trading. Had he waited, his <a href="https://cryptosheadlines.com/shiba-inu-profits-soar-as-shib-price-recovers-key-level/" rel="noopener noreferrer nofollow">profits could have soared</a> into the millions, as the 350 million WIF stash sold is now valued at $693 million.Fortunately, the <a href="https://cryptosheadlines.com/odsy-decentralized-wallet-developer-secures-7-5m-funding-with-250m-valuation/" rel="noopener noreferrer nofollow">developer had a wallet</a> that didn’t immediately sell WIF. This wallet spent two SOL worth $110 to buy 489,674 WIF before selling 12.4 million WIF for 896,000 USDC. Now, he’s left with 589,199 WIF, equivalent to $1.17 million.<h3 id="strong-the-rise-of-dogwifhat-wif-in-cryptocurrency-circles-strong">The Rise of Dogwifhat (WIF) in Cryptocurrency Circles</h3>Early Traction and Memetic Value: WIF made its debut in November 2023 and quickly captured attention within cryptocurrency communities. With an astonishing 227,000% surge in its initial weeks, the coin’s memetic value stemmed from an image of a Shiba Inu dog donning a knitted beanie, leading to a steady rise in “wif hat” usage that culminated in explosive growth by late February.<h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" />Impressive Price Surge: In a remarkably short period, WIF’s value skyrocketed sevenfold, climbing from around $0.343 in late February to an all-time high of $2.23 on March 6.<a href="https://cryptosheadlines.com/terra-classics-utility-sparks-lunc-ustc-rally-toward-1/" rel="noopener noreferrer nofollow">Also Read: Terra Classic&#39;s Utility Sparks LUNC; USTC Rally Toward $1?</a>Listing on Major Exchanges: The coin’s ascent was further propelled by listings on major cryptocurrency exchanges like Robinhood Europe and Binance. Despite challenges, its momentum remained steadfast, with a recent surge of over 21.73% in the last 24 hours, bringing its price to $2.17 at the time of writing.Notable Milestone: WIF has experienced a remarkable 121.81% increase in the past seven days, marking a significant milestone as the first major meme token to surpass the $1 price point.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Solana User’s Near Miss: Dogwifhat (WIF) Rally

Table of Contents

CryptosHeadlines.com

Other articles published on Mar 8, 2024

FLOKI Price Prediction: FLOKI Surges 48%, But Is Surpassed By This Relaunched Meme Coin That Soar...

Why Did Bitcoin Crash at Around $70k and What’s Next for BTC?

Crypto market surpasses $2.5 trillion as meme coins surge

Machine algorithm predicts FLOKI price for March 31, 2024

Altcoin Founder in Case with SEC Accelerated His Purchases! Purchased $561 Million in the Last 3 ...

Sam Bankman-Fried Fraud: FTX Users Drop Bombshell Lawsuit On Bankruptcy Lawyers

Join our free newsletter for daily crypto updates!