dogwifhat

Shiba Inu

Elon Musk

<p class="is-style-lead">Meme coins have gained bullish momentum again as investors shift focus to altcoins. One of the latest additions to the category, dogwifhat (WIF), leads the top gainers’ list with double-digit gains.</p> 
<p>WIF is up by 43% in the past 24 hours and is trading at $3.23 — marking a new all-time high — at the time of writing. The meme coin’s market capitalization is currently hovering at $3.22 billion, making it the 45th-largest digital asset.</p> 
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  Top 5 meme coins – March 14 | Source: CoinMarketCap
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<p>The Solana-based dog-themed token’s daily trading volume registered a 104% rally, reaching $774 million.</p> 
<p>On March 10, one of the leading contributors to the meme coin’s advertising campaign, known as Ansem on X, said the ad is fully funded. Per the X post, the team behind the WIF movement collected over $690,000 in USDC to advertise the meme coin on the Sphere in Las Vegas.</p> 
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   <p lang="en" dir="ltr">iight bros, it's time, we're putting dogwifhat on the vegas sphere 🫨 <a href="https://t.co/lVm0Hjog8o" target="_blank">https://t.co/lVm0Hjog8o</a> <a href="https://t.co/vK4LlXYs8G" target="_blank">pic.twitter.com/vK4LlXYs8G</a></p>— Ansem 🐂🀄️ (@blknoiz06) <a href="https://twitter.com/blknoiz06/status/1766680047547494658?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">March 10, 2024</a>
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<p>Moreover, the largest <a href="https://crypto.news/meme-coins/">meme coin</a>, Dogecoin (<a href="https://crypto.news/price/dogecoin/">DOGE</a>), gained 8.35% over the past day and is currently trading at $0.187 — a level not seen since December 2021.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/dencun-update-live-ethereum/"> Dencun update goes live on Ethereum mainnet </a> </p> 
<p>Dogecoin’s surge came after the billionaire Teslas CEO hinted at enabling DOGE payments for purchasing Tesla’s electric vehicles.&nbsp;</p> 
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   <p lang="en" dir="ltr">Elon Musk at Giga Berlin today.<br><br>“When will I be able to buy a Tesla with dogecoin?” <br>“At some point I think we should enable that.” 😂🔥 <a href="https://t.co/Suk7bifuHC" target="_blank">pic.twitter.com/Suk7bifuHC</a></p>— Sir Doge of the Coin ⚔️ (@dogeofficialceo) <a href="https://twitter.com/dogeofficialceo/status/1768087572234793050?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">March 14, 2024</a>
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<p>Shiba Inu (<a href="https://crypto.news/price/shiba-inu/">SHIB</a>) also recorded a 2.3% hike in the past 24 hours and is trading at $0.000033 at the reporting time. SHIB’s market cap is currently $7 billion away from DOGE’s and is currently sitting at $19.9 billion.</p> 
<p>Furthermore, Pepe (<a href="https://crypto.news/price/pepe/">PEPE</a>) recorded 20% over the past day and briefly touched a new all-time high of $0.0000107 at around 06:00 UTC on March 14. PEPE is currently trading at $0.0000105 with a total market cap of $4.45 billion.</p> 
<p><a href="https://crypto.news/price/floki/">FLOKI</a> is also getting close to its all-time high of $0.00034 in November 2021. The meme coin is currently trading at $0.00029.</p> 
<p>According to data from CoinMarketCap, the total meme coins’ market capitalization increased by 7.3% in the past 24 hours and is sitting at $65.5 billion at the time of writing.&nbsp;</p> 
<p>The total 24-hour trading volume of the category also surged by 35% and is hovering at $12 billion.&nbsp;</p> 
<p> Read more: <a href="https://crypto.news/bitcoin-open-interest-peak/"> Bitcoin open interest outshines 2021 peak, hits $34b </a> </p>

WIF reaches new ATH as memecoins gain bullish momentum

crypto.news

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