After BONK became popular! Dog Meme Coin WIF Soars to a New High of $2

120bTC.com reported that the meme currency craze continues to spread. In addition to BONK, a new force has emerged in the Solana ecosystem. The latest star currency Dogwifhat (WIF) once soared 48% today to reach $2.16, setting a record high.

WIF is symbolized by a "Shiba Inu wearing a fur hat", so it is called "Dog Hat Coin". Since its launch in November last year, it has quickly become popular in the cryptocurrency market and its market value has exceeded US$2 billion. This achievement was achieved in just over 3 months.

According to CoinGecko data, WIF’s current trading price is US$2.06, an increase of nearly 23% in the past 24 hours, with a transaction volume of more than US$1 billion, and an increase of 480% in the past two weeks.

WIF was the first major meme coin to break $1, and these types of tokens usually have a large circulating supply, so the price tends not to be too high. For example, Dogecoin (DOGE) and Shiba Inucoin (SHIB) have yet to break through the $1 price barrier.

In addition, the leading cryptocurrency trading platform Binance announced the listing of WIF, which further fueled its price increase and reached a transaction volume of US$380 million in less than a day. .

We remind readers that meme coins are highly speculative and volatile, and the risks should be carefully assessed before investing.

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