'Shiba Inu Killer' Dogwifhat Leaps Towards $2 Following Binance Listing: 'Era Of The Meme Coin Is Back'
Portfolio Pulse from Khyathi Dalal
'Shiba Inu Killer' Dogwifhat (WIF) saw a price rebound after Binance announced its listing for spot trading, leading to bullish predictions. The listing includes trading pairs WIF/BTC, WIF/USDT, WIF/FDUSD, and WIF/TRY. This follows a recent listing on Robinhood Crypto EU. WIF's trading volume exceeded $700 million in the last 24 hours, with the meme coin market cap up 33.5%, reaching over $64 billion. Analytics firm Santiment and Bloomberg host Tim Stenovec highlighted the resurgence of meme coins, with WIF reaching $1.96 before settling at $1.34.
March 05, 2024 | 5:02 pm
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Dogwifhat (WIF) experienced a significant rebound following its listing on Binance for spot trading, with trading volume surpassing $700 million and a peak price of $1.96 before stabilizing at $1.34.
The listing of Dogwifhat (WIF) on Binance for spot trading has significantly increased its visibility and trading volume, leading to a price rebound. This event, coupled with the overall bullish sentiment in the meme coin market, suggests a positive short-term impact on WIF's price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100