{"id":20588,"date":"2024-11-14T18:15:07","date_gmt":"2024-11-14T18:15:07","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=20588"},"modified":"2024-11-14T18:15:07","modified_gmt":"2024-11-14T18:15:07","slug":"dogwifhat-wif-soars-to-a-7-month-high-following-support-from-coinbase-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=20588","title":{"rendered":"Dogwifhat (WIF) Soars to a 7-Month High Following Support From Coinbase: Details"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

WIF\u2019s solid price increase happened shortly after Coinbase allowed trading services with the asset.<\/span>
\nIts momentum comes amid intense competition in the meme coin market, with tokens like PEPE, DOGE, and PNUT exploding by triple and even quadruple digits in the past week.<\/p>\n

<\/a><\/h2>\n

WIF in the Spotlight Again<\/span><\/h2>\n

The <\/span>biggest<\/span> Solana-based meme coin \u2013 dogwifhat (WIF) \u2013 saw its price pumping by over 40% in the past 24 hours. <\/span>Currently,<\/span> it trades at $4.30 (per CoinGecko\u2019s data), a level last observed in April this year.<\/span>\u00a0<\/span><\/p>\n

<\/a>WIF Price, Source: CoinGecko<\/p>\n

WIF\u2019s valuation started rallying shortly after the leading crypto exchange Coinbase listed the asset on its platform.\u00a0<\/span><\/p>\n

dogwifhat (WIF) is now live on https:\/\/t.co\/CD3RBjukqm<\/a> & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. https:\/\/t.co\/676miKRZ4P<\/a><\/p>\n

\u2014 Coinbase Assets \ufe0f (@CoinbaseAssets) November 13, 2024<\/a><\/p>\n

It is worth noting that this is not the first time the company has supported the meme coin. <\/span>Earlier this year,<\/span> it <\/span>launched<\/span><\/a> WIF perpetual contracts, triggering another price increase.<\/span>\u00a0<\/span><\/p>\n

Listing on a <\/span>major<\/span> crypto platform like Coinbase makes the involved assets more accessible, potentially increasing the demand. It also leads to enhanced liquidity and improved credibility. These are all factors that may result in a price rally.<\/span><\/p>\n

Other well-known exchanges that have allowed trading services with WIF over the past several months include <\/span>Binance<\/span><\/a>, BitMEX, Kraken, Huobi, KuCoin, and more.\u00a0<\/span><\/p>\n

Trying to Catch up With PEPE<\/span><\/h2>\n

WIF has a current market capitalization of around $4 billion, making it the fourth-largest meme coin. It trails behind Pepe (PEPE), which recorded staggering gains in the past 24 hours.\u00a0<\/span><\/p>\n

As <\/span>CryptoPotato<\/span><\/em> reported<\/span><\/a>, the price of the frog-themed meme coin exploded to a new all-time high on November 13. The solid performance <\/span>aligns<\/span><\/a> with PEPE\u2019s listing on Coinbase and Robinhood.<\/span><\/p>\n

It also follows the massive green wave in the meme coin niche. Shiba Inu (SHIB), Bonk Inu (BONK), Floki Inu (FLOKI), Popcat (POPCAT), Cat in a Dogs World (MEW), and many others have seen their prices skyrocketing by double digits in the last seven days.<\/span><\/p>\n

Dogecoin (DOGE) is up 104% for that period, while <\/span>Peanut the Squirrel (PNUT)<\/span><\/a> has stunned industry participants with a 1,500% weekly rise.<\/span><\/p>\n

The post Dogwifhat (WIF) Soars to a 7-Month High Following Support From Coinbase: Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR WIF\u2019s solid price increase happened shortly after Coinbase allowed trading services with the asset. Its momentum comes amid intense competition in the meme coin market, with tokens like PEPE, DOGE, and PNUT exploding by triple and even quadruple digits in the past week. WIF in the Spotlight Again The biggest Solana-based meme coin \u2013 […]<\/p>\n","protected":false},"author":0,"featured_media":20589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20588"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20588"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/20589"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}