On a day when blue-chip currencies dipped lower, memecoins continued to show strength, led by Shiba Inu and dogwifhat.
What Happened: Solana (CRYTPO: SOL)-based dogwifhat emerged as the market's third-largest gainer, and the best-performing memetoken in the last 24 hours. The coin reached a six-week high and is steadily approaching its March top of $4.73.
WIF clocked $1.4 billion in volume in the last 24 hours, representing a 40% increase.
Cryptocurrency
Gains +/-
Price (Recorded at 10:10 p.m. EDT)
dogwifhat (CRYPTO: WIF)
+12.25%
$3.72
Shiba Inu (CRYPTO: