Move Over Shiba Inu, Doge: OKX Lists Soaring Memecoins WIF And MEW
Portfolio Pulse from Murtuza Merchant
Cryptocurrency exchange OKX has listed two Solana-based meme coins, Dogwifhat (WIF) and Cat in a Dog’s World (MEW), as they gain popularity. WIF, with a market cap of nearly $5 billion, ranks as the third-largest meme coin. MEW, a newer coin, has seen an 87% increase in value recently. Both coins are now tradable against Tether on OKX.
April 15, 2024 | 12:18 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The listing of WIF and MEW, both Solana-based meme coins, on OKX could increase interest and activity in the Solana blockchain, potentially impacting its valuation positively in the short term.
The direct association of WIF and MEW with the Solana blockchain and their listing on a major exchange like OKX could lead to increased transactions and interest in Solana, potentially driving up its valuation due to heightened activity and visibility.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75