Dogecoin-Inspired Memecoin Spikes 8% On Monday Morning: What’s Going On?
Posted On May 26, 2025
Dogwifhat (CRYPTO: WIF) was one of the cryptocurrency market’s biggest gainers early Monday morning, surpassing the more popular dog-themed coins in the process.
What happened: The Solana (CRYPTO: SOL)-based token jumped over 8% in the last 24 hours, becoming the most successful meme coin with a market valuation of more than $1 billion. The coin’s trading volume rose 11% to $464 million.
WIF’s surge outperformed leading meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which rose 3.87% and 2.28%, respectively, in the last 24 hours.
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