News

Newest Meme Coin DogWifCat (DWIFC) Explodes As Traders Scramble For Best Solana Meme Coin

By Sam Cooling

Last Updated: Jul 23, 2024

Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Discover the newest meme coin on the market, as traders rush to buy 'best Solana meme coin' amid frenzied opening pump - don't miss out.
Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Recent weeks have seen Solana meme coin markets explode into a hot-bed of skyrockets and moon-shots, and as traders scramble to find the newest meme coin, DogWifCat (DWIFC) has emerged – aiming to de-throne best Solana meme coin DogWifHat (WIF).

Slamming up to #1 on DEXTools list of hot tokens, DogWifCat has gained instant market traction, with traders rallying to the projects in the hopes of reliving legendary Solana meme coin launch DogWifHat (WIF) – which exploded in recent weeks to hit a jaw-dropping multi-billion dollar market cap.

DogWifCat’s CA is: wifhHP4nsNmhXJx9Rrq9NFiYShUTFAreM5LKHso5qXK

Discover the newest meme coin on the market, as traders rush to buy 'best Solana meme coin' amid frenzied opening pump - don't miss out.

(WIF)

Hopes of a skyrocket are high, if excellently named DogWifCat can capture just 10% of DogWifHat’s market cap, investors would see a whopping 20x return from current DWIFC price levels – an unignorable opportunity.

DogWifCat Price Analysis: How High Can Newest Meme Coin DWIFC Price Climb As Investors Snipe Best Solana Meme Coin

As price action mounts bullish consolidation of major opening gains, DogWifCat is currently trading at a market price of $0.012 (representing a 24-hour change of +2,857%).

This comes after the newest meme coin launched at just 17:00 on March 20, in a slow initial start, that saw limited traction snowball into strong support at around $0.003 this morning.

Around 4AM UTC on March 21, a surge of volume flooded into the chart, and this triggered a snow-ball rally up +554% to hit an all-time high of around $0.019.

Discover the newest meme coin on the market, as traders rush to buy 'best Solana meme coin' amid frenzied opening pump - don't miss out.

In the hours since a minor localized retracement has taken hold, presenting a brilliant entry point for new investors, as despite the reel away from the all-time high, DWIFC remains in a strong bullish pennant pattern – signaling further upside movements on the horizon.

Furthermore, a growing liquidity pool hints at the scale of developer’s ambitions for the project, with liquidity already sitting a staggering $4.95m – suggesting this project could be aiming at a 9-figure market cap above $100m.

For this reason, DWIFC’s medium market cap at $13m still represents a decent entry point- remember WIF currently stands over $2Bn – suggesting DogWifCat still offers early-bird opportunity for traders.

This sentiment clearly isn’t lost on the market, with buy pressure remaining dominant over transactions – representing around 61% of ongoing trades.

The Bottom Line: Solana Meme Coins Still Offer Great Opportunities

https://twitter.com/DWIFConSol/status/1770797182532080026

 

With such a bullish outlook for the newest meme coin like DogWifCat on the near-term horizon, it pays dividends to be tuned into the latest project news and updates to ensure your finger is on the pulse of the market.

For this reason, prudent traders and pundits alike are taking position to monitor the unfolding DogWifCat skyrocket, by following the DWIFC X account and joining the DWIFC Telegram channel.

In order to buy DogWifCat token, retail investors simply need to buy Solana (SOL) on any major exchange and transfer it to a popular Solana wallet such as Phantom.

From there, all investors need to do is connect their wallet to either Raydium or Jupiter DEX and swap SOL for DWIFC – it’s really that simple.

Explore: SOL Breaks $200: Why Solana is Exploding Now Compared to Rest of the Crypto Market

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Sam Cooling
Sam Cooling
Lead Editor

Sam Cooling is the Lead Editor at 99Bitcoins.com and is based in London, UK. Sam Cooling steers News Strategy and Written Content with our market-breaking news team, with over half a decade of experience in cryptocurrency journalism and crypto trading.... Read More

Back to top