Posted 4/5/2024, 11:18:36 AM
Dog-Themed Meme Coins Retrace After Hitting New Highs
- Dogwifhat (WIF) dropped 15.9% overnight, down 10.4% on the week after hitting an ATH on March 31st
- Other dog-themed coins like Dogecoin, Floki Inu, and BONK have slipped 4-6% over the past day
- Meme coins broadly are retracing after last week's rally, with the category down 18.5% over the past week
- The recent meme coin run came as Bitcoin hit $65k this week after surging earlier in March
- Meme coin trading has driven record volumes on Solana and Base Layer DEXs over the past month
