WIF Surpasses PEPE to Was Third Most inviting Meme Coin by Market Cap After DOGE and SHIB

While the total cryptocurrency market stays moderately stable, meme coins had been gaining momentum, with Dogwifhat rising as a entrance-runner.

The crimson-hot Solana-essentially based meme coin has no longer too prolonged within the past reached a brand fresh all-time high, turning into the third ideal meme coin by market cap after Dogecoin and Shiba Inu.

Starting the day at $3.21, the coin experienced sideways trading unless around 9 am ET, after which it witnessed a surprising spike.

Earlier right now time, it reached an all-time high of above $4 and is at mask trading at $3.73, up by larger than 20% one day of the final day.

$WIF has flipped $PEPEand is now the third ideal meme coin by market capitalization. pic.twitter.com/4vg1HnazkZ

— CoinGecko (@coingecko) March 29, 2024

Top Stories Tamfitronics Dogwifhat’s Strongest On daily basis Efficiency

The fresh performance marks Dogwifhat’s strongest daily displaying since its originate.

The coin has surpassed the more established meme coin Pepe, securing the Thirty eighth space within the High 100.

In holding with files from CoinMarketCap, Dogwifhat has a market cap of $3.7 billion, while Pepe settles in 43rd space with a market cap of $3.32 billion.

It is rather well-known to expose that meme coins are highly unstable and shortage strong fundamentals.

The imaginative and prescient within the abet of WIF is exclusively “literally apt a dogs wif a hat.”

This skill that, they’re influenced by random events, resembling tweets, unrelated news, and the movements of alternative coins.

Market sentiment performs a elevated role in driving these tokens than any tangible components.

Different meme coins are also performing neatly right now time.

Within the total High 100 of the crypto commercial, the four ideal-performing tokens are meme coins: Dogecoin (+16.83%), Floki (+12.7%), and BONK (+10%).

Birth air of the discontinuance 10, PEPE has seen an 2% lengthen and is at mask trading at $0.000007883 per token, while Shiba Inu is up 5.85% to $0.00003179.

A total of 65 out of the 100 ideal meme coins absorb posted good points within the final 24 hours.

Top Stories Tamfitronics Solana Emerges as Most standard Blockchain for Meme Coins

Solana (SUN)a blockchain platform known for its low transaction charges, has emerged as a preferred venue for trading these coins.

In holding withfiles from CoinGeckothe Solana meme coin sector has surged by 13% one day of the final week and larger than 40% one day of the final month.

The platform has seen a wave of fresh coins featuring caricatures of public figures enjoy Joe Biden and Donald Trump.

Within the intervening time, there became asurge in presale scamsamid the meme coin season on the Solana blockchain, which continues in stout power.

Factual no longer too prolonged within the past, crypto detective ZachXBT highlighted several presale coins which absorb raised concerns attributable to fraudulent activities and suspicions of being rug pulls.

One instance involves X client @Sartoshi0x, who obtained 7,000 SOL as half of a presale but secretly saved 62% of the funds with out distributing the tokens as promised.

The surge in Solana meme coin presale scams comes as these events absorb gathered a staggering $150 million in SOL from ideal 33 presales.

Despite the allure of rapid good points, ZachXBT emphasizes that quite a lot of these projects, in most cases promoted by smaller accounts, are both dubious or outright scams.