Dogwifhat flips Pepe as WIF hits new ATH – CoinJournal

Dogwifhat (WIF) strengthened its position as the top Solana-based meme coin.

With a 20% spike on Friday, the popular meme coin hit $4 to reach a new all-time high. This came after WIF price pushed past the previous all-time high reached in mid-March.

The gains saw dogwifhat flip Pepe in market cap after it reached $4 billion. Pepe, which had weekly gains of just 6% compared to WIF’s 64%, had its market cap at around $3.3 billion at the time of writing.

At current prices of $3.63, WIF is way up on its all-time low of $0.001555 in mid-December 2023.

Dogecoin breaks above $0.2

Dogwifhat’s recent surge has it poised behind meme coin heavyweights Shiba Inu and Dogecoin.

DOGE has had a decent run of its own, with Dogecoin price hitting highs of $0.22. The original dog-meme coin has jumped more than 120% in the past 30 days.

This upside has come as bets on DOGE futures rose to a record $2.2 billion amid bullish sentiment around potential listing of Dogecoin futures trading on Coinbase.

The exchange recently revealed it would launch futures trading for Dogecoin, Bitcoin Cash and Litecoin.