The newest Solana meme coin DogWifCat ($DWIFC) launched at 17:00 UTC yesterday, Wednesday March 20th, and has soared 2,367% to $0.01021 as frenzied buying accelerates.
Aside from bitcoin chalking up new all-time highs, the biggest story in crypto is the Solana juggernaut.
First, there was BONK and then Dogwifhat, and more recently $SMOG, $BOME and $SLERF.
Taken together meme coins are collectively demonstrating both the robustness and the value of the Solana blockchain. Now enter DogWifCat, which is already going parabolic less than 24 hours after launching.
Everyone in crypto now surely knows of the Wif-hat riff and its multiplying variants.
Well, DogWifCat is doing things a little differently from the rest of the pack by dispensing with the hat and going for a rhyming cat instead. It has a definite ring to it, which counts for a lot in the meme coin world that is all about virality.
From nowhere, $DWIFC has raced to a market capitalization of $10.07 million and a trading volume since its launch yesterday of $7 million.
What is Dogwifcat, we promise everything is fine we didn't fuck up.$DWIFC pic.twitter.com/DmbaUgrBfp
— DogWifCat (@DWIFConSol) March 21, 2024
Whales will also welcome the fact that liquidity currently stands at $4.31 million, meaning there is ample provisioning to facilitate large transactions.
DogWifCat has a total token supply of 1 billion – the $DWIFC token address is wifhHP4nsNmhXJx9Rrq9NFiYShUTFAreM5LKHso5qXK .
Prospective buyers will be happy to know that our conjoined furry friend DogWifCat has amassed 1,390 token holders in no time at all, Dextools data shows.
$DWIFC can be bought on Jupiter or Raydium decentralized exchanges by swapping SOLusing Solana or a Solana-based token. The