{"id":3436,"date":"2024-07-16T03:00:33","date_gmt":"2024-07-16T03:00:33","guid":{"rendered":"https:\/\/cryptd.in\/solanas-dogwifhat-wif-skyrockets-1300-and-claims-forbes-best-performing-crypto-title\/"},"modified":"2024-07-16T03:00:33","modified_gmt":"2024-07-16T03:00:33","slug":"solanas-dogwifhat-wif-skyrockets-1300-and-claims-forbes-best-performing-crypto-title","status":"publish","type":"post","link":"https:\/\/cryptd.in\/sk\/solanas-dogwifhat-wif-skyrockets-1300-and-claims-forbes-best-performing-crypto-title\/","title":{"rendered":"Solana\u2019s Dogwifhat (WIF) Skyrockets 1300% And Claims Forbes\u2019 Best-Performing Crypto Title"},"content":{"rendered":"

Solana-based<\/a> meme coin Dogwifhat (WIF) has taken the cryptocurrency market by storm, becoming the best-performing asset in the first half of the year, as the Shiba Inu puppy-inspired token has outperformed Bitcoin\u2019s <\/a>(BTC) 48% surge since January, making it the top returner among approximately 70 coins with market caps over $1 billion.\u00a0<\/p>\n

Dogwifhat (WIF) Leads The Pack<\/h2>\n

Pod\u013ea <\/a>to Forbes, Dogwifhat has emerged as the leading performer among the group of coins, with a market cap of more than $1 billion, recording a 1,300% gain from a low of $0.111 since December 2023.<\/p>\n

Close behind is Pepe (PEPE), recording gains of nearly 800%. At the same time, another meme coin <\/a>that has significantly increased is Floki Inu (FLOKI), named after Elon Musk\u2019s Shiba Inu dog, recording a 418% increase over the same period. Similarly, Shiba Inu (SHIB) has seen a 67% increase.\u00a0<\/p>\n

While meme coins dominate the spotlight, the report notes that several tokens outside the meme coin realm have also showcased remarkable rallies, surpassing Bitcoin\u2019s performance.\u00a0<\/p>\n

ETH, the token of the Ethereum <\/a>network, is up 51% and is poised for potential gains after the expected full approval of the spot Ethereum ETF market, similar to Bitcoin, anticipated to be traded in the coming weeks.\u00a0<\/p>\n

Binance Coin (BNB), issued by the world\u2019s largest crypto exchange by trading volume, has also surged 81%, outperforming BTC\u2019s price action despite recent regulatory and legal challenges faced by billionaire former CEO Changpeng Zhao (CZ), who is currently serving a 6-month sentence following a plea deal with US authorities in 2023.<\/p>\n

Meme Coin Bonanza<\/h2>\n

While WIF has become the star performer with a 1,306% increase, its market cap has also made a notable recovery in recent months after losing a high of almost $4 billion to currently reach a market cap of $2.1 billion, which has secured Dogwifhat\u2019s 54th place in the top 100 cryptocurrencies on the market.\u00a0<\/p>\n

Pepe also follows behind WIF in this key financial metric<\/a>, reaching a market cap of $5 billion. However, the two are far behind Dogecoin (DOGE) and SHIB\u2019s market cap figures, which currently stand at $17 billion and $10 billion, respectively, being the largest meme coins in the crypto market.\u00a0<\/p>\n

Other coins, such as Artificial Superintelligence Alliance, also outperformed the largest cryptocurrency on the market, surging 545% to reach a market cap of $3.6 billion during the same period, while Floki experienced a growth of 392% to reach a market cap of $1.6 billion following the recent market slump recorded since March and April highs.\u00a0<\/p>\n

At the time of writing, WIF continues to rally and is trading at $1.899, up over 14% in the last 24 hours. However, the meme coin is trading 60% below its all-time high of $4.83, set in March 2024.\u00a0<\/p>\n

Featured image from DALL-E, chart from TradingView.com\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

Solana-based meme coin Dogwifhat (WIF) has taken the cryptocurrency market by storm, becoming the best-performing asset in the first half of the year, as the Shiba Inu puppy-inspired token has outperformed Bitcoin\u2019s (BTC) 48% surge since January, making it the top returner among approximately 70 coins with market caps over $1 billion.\u00a0 Dogwifhat (WIF) Leads […]<\/p>\n","protected":false},"author":0,"featured_media":3437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nSolana\u2019s Dogwifhat (WIF) Skyrockets 1300% And Claims Forbes\u2019 Best-Performing Crypto Title - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/sk\/solanas-dogwifhat-wif-skyrockets-1300-and-claims-forbes-best-performing-crypto-title\/\" \/>\n<meta property=\"og:locale\" content=\"sk_SK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana\u2019s Dogwifhat (WIF) Skyrockets 1300% And Claims Forbes\u2019 Best-Performing Crypto Title - 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