TL;DR
- Following Coinbase’s announcement that WIF perpetual contracts would be added, the meme coin Dogwifhat (WIF), surged 15%.
- Dogecoin, Shiba Inu and Cat in a Dogs World all saw significant gains in the market’s recovery.
WIF is among the best performers
Recent days have seen a significant increase in volatility on the cryptocurrency market. Yesterday (April 18), the majority of digital assets recovered before plummeting following Israel’s reports. carried out Drone and missile attacks against Iran Bitcoin (BTC),For one, tumbled For the first time since almost two months, we are below the $60k mark.
Crypto market’s decline was not long-lasting being well Today (April 19), the Green Zone is active. Today, April 19, one of the top performers in the green zone is The biggest advantage of using meme coin built on the Solana blockchain – Dogwifhat (WIF) – which spiked by approximately 15% on a 24-hour scale.
Coinbase announced that it would add WIF permanent contracts on Coinbase International Exchange as well as Coinbase Advanced. This led to an impressive rally. “The opening of our WIF-PERP will begin on or after 9:30 am UTC on 25 APR 2024,” The company clarified.
It is important to note that the word “you” means “you”. Resurgence of the Meme Coin The price increase for Solana also occurs at the same time. SOL has surpassed the daily gains by 11%. Recorded by Bitcoin (BTC), Ethereum (ETH)
Re-release of Overall Meme Coin
Not only is dogwifhat a token, but there are many others. Type Today, the price of this cryptocurrency has increased significantly. The leaders in terms of market capitalization – Dogecoin (DOGE) and Shiba Inu (SHIB) – are up 6% and 5%, respectively.
Cat in a Dogs World has risen by 17%. Pepe, Floki Inu and Bonk Inu are all notable winners.
While the meme coin sector appears to have gained momentum once again, traders should be cautious when entering the ecosystem due to its infamous volatility and the risks of crucial losses. You can protect yourself by watching our special video.
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Source: cryptopotato.com
