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<a href="https://bitcoinworld.co.in/elon-musk-posted-a-photo-of-his-dog-wearing-a-hat-on-st-patricks-day-and-now-dogwifhat-is-surging-32-leaving-doge-shib-in-the-dust/" title="Elon Musk Posted A Photo Of His Dog Wearing A Hat On St. Patrick’s Day And Now Dogwifhat Is Surging 32% — Leaving DOGE, SHIB In The Dust" rel="noopener noreferrer nofollow"></a>
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 <li style="font-weight: 400">The spike in Dogwifhat’s price occurred shortly after tech billionaire Elon Musk posted a photo of his dog wearing a St. Patrick’s Day hat.&nbsp;</li>
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Dogwifhat (WIF), a meme coin running on the Solana SOL/USD blockchain, has seen its value increase by 32%, leaving behind its rivals Dogecoin DOGE/USD and Shiba Inu SHIB/USD.
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 <a href="https://t.co/ISL9LJboSF" rel="noopener noreferrer nofollow">pic.twitter.com/ISL9LJboSF</a>
 — Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1769418947403681837?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 17, 2024</a>
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The spike in Dogwifhat’s price occurred shortly after tech billionaire Elon Musk <a href="https://twitter.com/elonmusk/status/1769418947403681837" rel="noopener noreferrer nofollow">tweeted</a> an image of his dog garbed in a St. Patrick’s Day hat.&nbsp;
St. Patrick’s Day is a cultural and religious holiday celebrated on March 17, commemorating St. Patrick, the patron saint of Ireland.&nbsp;
Wearing green hats and other attire is a symbol of the occasion, representing Irish tradition, folklore, and the association of green with the Emerald Isle.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/us-senators-urge-gensler-to-halt-crypto-etf-approval-citing-enormous-risks/" aria-label="“US Senators Urge Gensler To Halt Crypto ETF Approval, Citing “Enormous Risks”” (Edit)" rel="noopener noreferrer nofollow">US Senators Urge Gensler To Halt Crypto ETF Approval, Citing “Enormous Risks”</a>
The WIF token features marketing materials depicting dogs wearing hats, similar to Musk’s tweeted image, which included a Shiba Inu dog among the three hatted canines showcased.
This comes with a surge in trading activity for meme coins on the Solana network.&nbsp;
Data provided by DefiLlama showed that decentralized exchange (DEX) volume on Solana SOL/USD reached a record $3.802 billion on Saturday.
Specifically, WIF reached over $568 million in trading volume within 24 hours, outstripping BONK BONK/USD, another dog-themed token, which recorded $359 million during the same period.
Last week, a cryptocurrency trader took to realizing profits from their Dogwifhat investment.&nbsp;
By selling 25% of their Dogwifhat holdings at an average price of $2.95, the trader collected $1.65 million. This transaction accounted for roughly 85% of the individual’s total net worth.&nbsp;
“Hanging on to as much as I can for as long as I can tolerate.”
At the time of writing, the price of WIF was $2.93, up 32% in the last 24 hours, according to Coinstats data.
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The post <a href="https://bitcoinworld.co.in/elon-musk-posted-a-photo-of-his-dog-wearing-a-hat-on-st-patricks-day-and-now-dogwifhat-is-surging-32-leaving-doge-shib-in-the-dust/" rel="noopener noreferrer nofollow">Elon Musk Posted A Photo Of His Dog Wearing A Hat On St. Patrick’s Day And Now Dogwifhat Is Surging 32% — Leaving DOGE, SHIB In The Dust</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Elon Musk Posted A Photo Of His Dog Wearing A Hat On St. Patrick’s Day And Now Dogwifhat Is Surging 32% — Leaving DOGE, SHIB In The Dust

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