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

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Crypto News Flash

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