Shiba

Dogecoin

Shiba Inu

Ethereum Name Service

<ul>
 <li><strong>Dogwifhat (WIF) outperforms Dogecoin and Shiba Inu in daily trading volume.</strong></li>
 <li><strong>Analysts predict WIF could reach and exceed $2.5 amidst strong performance.</strong></li>
</ul>
<p>Early in July, Dogwifhat (WIF), a meme coin based on Solana, overtook well-known competitors like Dogecoin (DOGE) and Shiba Inu (SHIB). CoinMarketCap data shows that <a href="https://www.crypto-news-flash.com/solana-memecoins-forecast-wif-targets-3-050-bonk-aims-at-0-00003390/" rel="noopener noreferrer nofollow">WIF</a> has established its market position with impressive daily trading volumes.</p>
<p>WIF has had trading activity of about $600 million throughout the last 24 hours. This astounding amount surpasses that of Pepe (PEPE), which, with $518 million in trading volume, took second place. Remarkably, Dogecoin (DOGE), the unchallenged market leader in meme coins, barely placed third with $424 million.</p>
<h2 id="strong-wif-recent-performance-strong"><strong>WIF Recent Performance&nbsp;</strong></h2>
<p>The strong comeback Dogwifhat had after the severe sell-off of last month shows that many investors still think it has bullish potential. CoinMarketCap data shows that the price of WIF at the time of writing is about <strong>$2.30</strong>, up <strong><span style="color: #339966;">16.96%</span></strong> over the last 24 hours.</p>
<div class="cryptoboxes" id="mcw-709528" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="dogwifhat" data-symbol="WIF" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>
<p>Shiba Inu (SHIB) was only sixth in trading volume with $172 million, even though it had the second-largest market capitalization at $10.2 billion. Bonk (BONK) and Floki Inu (Floki Inu) did better, with $208 million and $191 million, respectively.</p>
<p>According to the statistics, traders are interested in less well-known meme coins more than in the market leaders right now. More recent cryptocurrencies like <a href="https://www.crypto-news-flash.com/breaking-whale-investor-shows-faith-in-dogwifhat-wif-with-massive-accumulation/" rel="noopener noreferrer nofollow">Dogwifhat</a> and BONK are clearly following this trend.</p>
<h3 id="strong-analyst-predictions-strong"><strong>Analyst Predictions</strong></h3>
<p>On the other hand, a prior CNF report highlighted analysis that suggested Dogwifhat (WIF) might <a href="https://www.crypto-news-flash.com/trader-bullish-on-memecoin-wif-expects-further-surge-despite-3000-gains/" rel="noopener noreferrer nofollow">reach and beyond</a> $2.5 given its robust early July results. The present bullish trend of WIF makes this forecast seem reasonable.</p>
<p>Also, Dogwifhat (WIF) is the second-best performing cryptocurrency asset in the global market, just behind <a href="https://www.crypto-news-flash.com/ethereum-name-service-ens-outperforms-major-cryptos-in-early-july/" rel="noopener noreferrer nofollow">Ethereum Name Service</a> (ENS).</p>

Dogwifhat Surges to Top Meme Coin Spot, Outshining DOGE and SHIB

Table of Contents

Crypto News Flash

Other articles published on Jul 1, 2024

KAS and Raboo Outperforms Solana, But Why Are Raboo’s Utilities Whipping Up A Frenzy?

CertiK migrates blockchain applications to Alibaba Cloud

Akash Network (AKT) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Linda Xie: From Investor to Builder in the Crypto Space

July’s Best Performer: Beam Leads Crypto Gaming Surge

Cryptocurrency Market Starts July on a High

Join our free newsletter for daily crypto updates!