Dogwifhat (WIF) Rockets 30% on Bitget Listing: Solana’s Crypto Surge
Solana’s popular meme coin, Dogwifhat (WIF), has surged by over 30% in the last 24 hours following the announcement of its listing on Bitget crypto exchange.
The current price of WIF is $0.3181, marking a 30.4% increase for the day, according to CoinGecko data. Trading for Dogwifhat on Bitget commenced at 9 a.m. UTC today, debuting in the Bitget Innovation Zone. This zone, dedicated to trending tokens’ initial listing, imposes a 60-day valuation period, with potential delisting if criteria like market depth are not met. As of now, WIF boasts a market capitalization of $332 million, having generated $70 million in trading volume within the past 24 hours, surpassing Ethereum meme coin PEPE.
Additionally, fellow Solana meme coin BONK has experienced a 7.5% gain, retaining its position in the top 100 crypto assets with a $662 million market capitalization. Sol, Solana’s native token, has seen an 8.6% increase since yesterday, trading at $87.36, maintaining its fifth position in the cryptocurrency market with a $38 billion market cap, surpassing XRP and stablecoin USDC. Despite a recent price dip, Solana remains resilient, as noted by industry expert Joe Lonsdale, who predicts its involvement in trades conducted by AI agents due to its utility in coordinating incentive systems. Lonsdale also suggests that AI traders may utilize Bitcoin and Ethereum alongside Solana.
Clever Robot News Desk 25th January 2024
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