Amid a broad decline in the cryptocurrency market, Solana-based meme coin DogWifeHat (WIF) rose 16.58%.
As of 10:15 a.m. on the 8th, Bitcoin was down 0.14% from 24 hours ago on the cryptocurrency market price website CoinMarketCap.
It is trading at $55,862 (approximately JPY 8.16 million), down from the previous day's low of $1.286. The second-place virtual currency, Ethereum, is trading at $2,388 (approximately JPY 340,000), down 1.94% from 24 hours ago.
During the same time, Dogwifhat rose 16.58% to $1.62, a notable increase compared to Dozicoin's 1.17% increase and Shibainu's 2.18% drop.
By 2019, the price had risen to $1.77. According to Cointelegraph, anonymous analyst Kyledoops had spotted WIF trading at $1.74 and posted the following tweet:
Although F is still facing strong resistance during the recovery, it remains one of the best altcoins to pick within the Solana ecosystem."
Another trader, CryptoJack, said: “WIF recently dropped $1.5
"There was a false downside breakout, but it quickly returned to the range," he said, adding, "I expect it to pump up to $3 (438 yen) from here."
2024/08/08 14:50 KST
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