Dogwifhat ($WIF) Defies Memecoin Stereotypes With 21% Jump and Solana Validator Launch
Main Idea
Dogwifhat ($WIF), a Solana-based memecoin, experienced a 21% price surge and is expanding its presence through exchange listings and infrastructure partnerships, despite lacking traditional utility.
Key Points
1. Dogwifhat ($WIF) surged 21% in 24 hours, climbing from $0.78 to nearly $0.95, recovering 19% from a previous low.
2. Over 35% of $WIF's circulating supply is held by large holders (whales), with notable purchases influencing price movements.
3. $WIF partnered with DeFi Dev Corp to launch a dedicated delegation program, introducing shared rewards for holders.
4. The token was listed on Slex Exchange via the WIF/USDT pair, expanding its availability on global trading platforms.
5. A 4% pullback followed the rally, with traders monitoring $0.86 as potential support and $0.93 as a resistance level to watch.
Description
Dogwifhat ($WIF) charged ahead with a 21% price jump over 24 hours, climbing from $0.78 to nearly $0.95. The Solana memecoin has recovered 19% from its lows last week as traders reignite interest in speculative assets. The rally coincides with $WIF’s growing exchange presence and new infrastructure developments, including a Solana validator node, even as large holders control over 35% of the token’s supply. Source: CoinMarketCap $WIF Expands Exchange Listings Amid Whale Moves and Validator Push ...
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