Posted 12/19/2023, 9:27:23 AM
New Solana Meme Coin Dogwifhat Skyrockets Over 2000% in a Month, Fuels Frenzy in Solana NFTs
- Dogwifhat (WIF), a new Solana-based meme coin, has surged over 2000% in less than a month, outpacing gains of other coins like BONK
- The frenzy has spilled over into Solana NFTs - a new Dogwifhat NFT collection saw items originally $15 now selling for $955
- In the last 24 hours, Dogwifhat has increased 72% in value
- Solana has seen significant gains in recent months, but BONK's 540% 30-day increase has been surpassed by Dogwifhat
- The article notes that while Solana and meme coins like Dogwifhat are rising quickly, they remain risky investments