New Solana meme token sees 1,200% surge following Dogwifhat performance

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A brand new meme token known as DogWifCat on Solana is up over 1,200% within the final 24 hours.

DogWifCat (DWFIC) has taken the Solana ecosystem by storm, rising greater than 1,200% in 24 hours to $0.00640, based on crypto trade Poloniex. On the similar time, buying and selling volumes of the token over the previous 24 hours reached virtually $42,500 on the present value.

New Solana meme token sees 1,200% surge following Dogwifhat performance - 1
Supply: Poloniex

There may be virtually no details about the brand new DWFIC token. In accordance with the challenge’s web site, the coin is accessible on the Jupiter and Raydium exchanges. Poloniex additionally introduced its itemizing.

The authors of the challenge describe DogWifCat as follows:

“Who’s DogWifCat? A lot coin, such meme, add cat. DogWifCat = so funding. However what precisely is it? It’s merely a canine wif a cat connected to it, or vice versa.”

DogWifCat web site

A brand new token within the Solana ecosystem has caught the group’s consideration, copying the favored meme coin Dogwifhat (WIF). The coin was additionally the highest gainer over the previous 24 hours, based on CoinMarketCap information, rising in value by 20% to $2.89 and by 160% in buying and selling quantity at $679 billion.

Presently, WIF’s capitalization is estimated at $2.8 million, which makes it the fourth high asset by this indicator. Solely Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are forward of Dogwifhat.

Curiosity within the token is fueled by the Dogwifhat group, which beforehand raised funds to put the challenge’s emblem on probably the most well-known buildings in Las Vegas. The proprietor of the canine photograph sold the NFT for 1,210 Ether (ETH) price $4.3 million.

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