theblock101

What is Dogwifat (WIF)? Overview of the notable Meme coin project on Solana

ByEvelyn18/03/2024
In cryptocurrency market, meme coin projects like Dogecoin (DOGE) and Shiba Inu (SHIB) have garnered significant attention from the community. Created from popular internet memes and symbols, meme coins offer a blend of humor and financial potential. In this article, Theblock101 will explore the Dogwifat (WIF) project - currently ranked fourth among meme coin projects by market capitalization.

1. What is Dogwifat ?

Dogwifat (WIF) is a popular memecoin within the Solana ecosystem. The project is inspired by the Shiba Inu dog wearing a pink knitted hat. Currently, users can trade the WIF token on various exchanges such as Binance, MEXC, Gate.io..

What is Dogwifat ?
What is Dogwifat ?

2. Outstanding features of Dogwifat (WIF)

Dogwifhat has become the fourth largest memecoin project after Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE).

  • Dogwifat has been listed on Binance with a trading volume exceeding $224 million USD in the past 24 hours. Additionally, users can trade WIF on other popular exchanges such as MEXC, WhiteBIT, and Gate.io.
  • Dogwifat is widely used within the community, attracting many creative users who produce numerous images of the dog wearing various hats.
Outstanding features of Dogwifat (WIF)
Outstanding features of Dogwifat (WIF)

3. Tokenomics

General information:

  • Token name: Dogwifhat
  • Ticker: WIF
  • Blockchain: Solana.
  • Contract: EKpQGSJtjMFqKZ9KQanSqYXRcF8fBopzLHYxdM65zcjm
  • Total Supply: 998,926,392 WIF
  • Circulating Supply: 998,926,392 WIF

4. Other memecoin projects

4.1. Dogecoin

Dogecoin is an altcoin, was launched in December 2013 with a logo featuring an image of a Shiba Inu dog. The project was built and developed by two software engineers, Billy Markus and Jackson Palmer. Currently, Dogecoin is ranked top 1 among meme coin projects by market capitalization.

Dogecoin
Dogecoin

4.2. PEPE Coin

PEPE Coin is a meme coin built on the Ethereum network, inspired by the famous internet frog. PEPE Coin features high decentralization and is not controlled by any entity. The developers of PEPE Coin do not have control over the smart contract. PEPE is currently listed on CEX exchanges such as Binance, Kucoin, Bybit, OKX..."

PEPE Coin
PEPE Coin

4.3. Shiba Inu

Shiba Inu (SHIB)  is a cryptocurrency created on the Ethereum platform and inspired by the Shiba Inu dog, a breed originating from Japan and gaining popularity on the internet due to the widespread adoption of Dogecoin (DOGE).

Shiba Inu
Shiba Inu

5. Project informations 

6. Conclusion

The Dogwifat project and other meme coin projects have become an important part of the crypto market. Despite being initially created as playful endeavors, these coins have attracted significant attention and support from the community, becoming an indispensable part of today's cryptocurrency market. The above is all the information about the Dogwifat project. If you have any questions, please feel free to leave them in the BigcoinVietnam group for clarification.

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Disclaimer: This article is for informational purposes only, not financial advice. Join the Bigcoinchat chat group to update the latest information about the market.

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Evelyn

Evelyn

Fundamentals - focused investing and active participation.

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