Dogwifhat (WIF) Price Surged by 28% in 24 Hours and Is Now Priced at $2.16

WIF leads memecoin market with $2 billion market cap and became top gainer among top 100 cryptocurrencies.

Dogwifhat (WIF) price surged by 28% in 24 hours and is now priced at $2.16. Surging past other memecoins, WIF leads the memecoin market with a $2 billion market cap and became the top gainer among the top 100 cryptocurrencies.

According to data from CoinGecko, WIF price surged by 28.04% in 24 hours and is now trading at $2.16. With a trading volume of $464.11 million and a market cap of $2.01 billion, WIF price is up by 25.36% in the past seven days.

Out of the top 100 cryptocurrencies, WIF price surged the highest, followed by Theta Fuel (TFuel) and Render Token (RNDR) with 20.14% and 14.33% gains, respectively. Memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), are also up by 6.83% and 3.88%, respectively.

However, market sentiment for WIF is mixed, as indicated by a Fear & Greed Index rating of 26 (Fear). At the time of writing, the total cryptocurrency market cap stands at $1.44 trillion, up by 1.03% in 24 hours.

WIF price achieved its all-time high of $4.80 on March 31, 2024, and hit its lowest point of $0.004131 on December 13, 2023. The coin is currently down by 60.08% from its all-time high.

Dogwifhat Price Surges as Fans Launch Crowdfunding Campaign to Feature WIF Mascot on Las Vegas Sphere

The rapid rise of WIF is also evident in its widespread adoption. In a short time, the meme coin has been listed on 222 trading platforms, capturing the attention of millions of people around the globe.

Part of WIF’s success can also be attributed to its active community and innovative marketing strategies. As reported earlier, fans of the meme coin recently launched a crowdfunding initiative to feature the WIF mascot on the iconic Las Vegas Sphere.

The campaign, which was launched on GoFundMe on May 23, aimed to raise $780,000 to display the WIF dog on the Las Vegas Sphere for 15 seconds every hour for two months. The crowdfunding effort began accepting donations in Dogecoin.

This community-driven initiative to promote WIF on the Las Vegas Sphere quickly gained traction online, capturing the interest of crypto enthusiasts and the broader Web3 community.

The crowdfunding campaign to feature the WIF mascot on the Las Vegas Sphere ultimately raised a total of $698,337, falling just short of its goal of $780,000. Despite narrowly missing the target, the campaign was largely successful in generating buzz and awareness for the meme coin.

This crowdfunding effort was part of a larger initiative to promote Web3 projects on the Las Vegas Sphere, which began in April with SHIB fans launching a campaign for the meme coin. After SHIB fans succeeded in raising the funds to feature the meme coin on the Sphere for two months, fans of other crypto projects, including Baby Doge Coin and Elon Musk’s dog Floki, also launched their own crowdfunding campaigns.

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