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The Solana blockchain’s recently popular meme coin, Dogwifhat (WIF), has experienced a surge in the last 24 hours. This uptrend began after WIF found support at its periodic low of $3.17, rising to a new all-time high of $4.01 without encountering new resistance, as buying pressure increased. The recent partnership announcement with Telegram’s bot Miss Rose is thought to have played a role in this upward movement. Furthermore, following the impact of investors on the price, WIF surpassed PEPE in market value.
Dogwifhat’s Partnership with Miss Rose
The recent collaboration with Miss Rose, the largest Telegram bot for Dogecoin, represents a significant milestone in the coin’s journey. Miss Rose is renowned for appearing in over 14 million chats and offering a wide range of functions to more than 600 million users. The integration of WIF with such a significant platform is expected to expand its presence and usage within the Telegram community.
This is considered an important step in Dogwifhat’s pursuit of broader market access by leveraging Miss Rose’s extensive user pool to increase the cryptocurrency’s visibility and engagement through multilingual support.
What is WIF’s Current Price?
The announcement of the partnership between Dogwifhat and Miss Rose brought an immediate positive impact on WIF’s market performance. At the time of writing, WIF’s price had seen a 15.38% increase, trading around the $4 level.
The news of the collaboration between Dogwifhat and Miss Rose also created a significant impact on WIF’s market performance. WIF’s market cap, after a 16% increase in the last 24 hours, exceeded $3.95 billion, placing it 34th in market cap rankings. The 24-hour trading volume also rose by 107%, exceeding $1 billion.
On the other hand, Dogwifhat’s rise in the meme coin market has been another point of interest. As we mentioned in our recent statement, WIF has overtaken PEPE, positioning itself as the third-largest meme coin behind giants Dogecoin (DOGE) and Shiba Inu (SHIB). Considering this, Dogwifhat’s growing influence and appeal in the world of cryptocurrency are clearly evident.
