The price of dogwifhat (WIF) has soared by over 44% on Thursday, reaching a new all-time high of $3.36. This surge is part of a broader trend in the meme coins space, which has seen a resurgence in popularity.
One of the main reasons for this surge is a major marketing move that will see dogwifhat featured on the Las Vegas Sphere for a week. This has generated significant attention and excitement for the Solana-based meme coin.
Compared to other top meme coins, such as Dogecoin which has seen an 8% increase in the past 24 hours, dogwifhat’s performance has been significantly higher. It has gained over 44%, making it one of the top performers in the market.
At the time of writing, dogwifhat is trading at around $3.26, just below its all-time high. Analysts predict that this upward momentum could continue, with some even predicting a price target of $10.
Notable figures in the crypto community have also taken notice of dogwifhat’s impressive gains. Crypto investor Arthur Hayes tweeted that the meme coin could potentially reach $10, while Real Vision founder and CEO Raoul Pal disclosed that 2% of his portfolio is invested in dogwifhat.
In terms of social media buzz, dogwifhat has been gaining traction, with a crowdfunding campaign to display the beanie-wearing dogwifhat mascot in Las Vegas reaching its target of over $690,000.
Overall, the future looks bright for dogwifhat as it continues to capture the attention of investors and gain momentum in the meme coins market. As the broader market experiences a spike in meme coin prices, dogwifhat is poised to continue its upward trajectory.
