DogWifCat Craze on Solana Network! DWIFC Token Increased by 4 Thousand Percent in 24 Hours

0

Disclaimer: This is a sponsored content and press release. KoinFinans.com cannot guarantee the accuracy of the content on this page provided by the relevant company and cannot be held responsible for any damages that may arise from the products and services on this page. Cryptocurrency investments are high risk investments, readers should conduct their own detailed research before committing to any transaction.

Meme coins continue to make their mark in 2024. A new meme coin based in Solana reached a staggering market cap of $30 million, up nearly 4,000 percent on its first day of trading. DogWifCat (DWIFC) is poised to become the next big meme coin project on the market.

This month, Bitcoin reached an all-time high, but investors are keeping a close eye on other Solana coins such as Bonk (BONK), Dogwifhat (WIF), Smog (SMOG), Book of Meme (BOME). In this article, we examine the notable features of DogWifCat, another Solana-based meme coin that was released two days ago and is trending.

What is DogWifCat Token?

DogWifCat is a meme coin built on the Solana blockchain. The total token supply is set at 1 billion DWIFC and all will be traded on DEX (decentralized exchange) rather than cryptocurrency pre-sale. Due to its high supply and liquidity, it can respond flexibly to large-scale transactions.

Purchasing DogWifCat tokens presents an opportunity for those embracing the “Wif-hat” coins trend popular in the meme coin space. However, the team differentiates itself from other cryptocurrencies by replacing Cat with Hat.

The project’s logo features a unique mix of dogs and cats. It offers a fun way to invest in virtual currencies, and many investors are looking forward to its future potential.

On March 21, Raydium reached its first buyers on DEX. As the team intended, DogWifCat quickly expanded into the meme coin space, and the market cap of the DWIFC token rose from zero to $15 million. Liquidity is around $5.85 million at the time of writing, indicating that there is sufficient supply to facilitate large transactions.

DogWifCat (DWIFC) is considered among the promising tokens by many crypto commentators. At the time of writing, DWIFC price is around $0.021.

Major Exchanges Followed DWIFC Token Immediately

Solana’s new meme coin, DogWifCat, was released on March 21 at 20:00 ET. After being listed on the Jupiter and Raydium exchanges, it also entered the watch list of other major exchanges. Gate Exchange’s DeFi X Account shared on the subject.

DogWifCat’s market cap currently stands at $23.85 million, and considering that the most popular Solana meme coin has a market cap of over $200 million, it has plenty of potential to continue growing.

According to DogWifCat price predictions, it is expected to rise well above its current price by the end of the year.

Whales targeting DWIFC?

DWIFC can be purchased on Jupiter or Raydium DEX. Strategic investors plan to capitalize on the rise in other Solana tokens like BONK, BOME, as well as move into DWIFC for potential returns.

DogWifCat explains on its official website that “DogWifCat = big investment” and emphasizes that you can make a big profit by combining dogs and cats with DWIFC.

According to insiders, the acquisition of DWIFC by a smart whale (big investor) has been confirmed. Approximately $102,000 worth of purchases were reported on DogWifCat’s Telegram channel.

Cleverly constructed DogWifCat is likely to make a stronger impression on the market than BOME or SLERF, which have a market cap of around $400 million and may well become a trend.

Backed by interactive online communities, these tokens have shown that excitement alone can propel assets to astronomical values ​​in a short time. DogWifCat benefits from the same appeal.

How to Buy DogWifCat?

To purchase DogWifCat tokens, you can follow the steps below:

  1. Get virtual currency wallet
  2. Buy Solana (SOL)
  3. Access decentralized exchanges (Jupiter or Raydium)
  4. Replace SOL with DWIFC (Be careful, fake projects are also published with the same names, your entire investment may be lost when you invest in them, make sure it is the correct name and correct contract address.)

DogWifCat Features – Summary

  • Market value and trading volume growth : Market cap reached $10.07 million just one day after the cryptocurrency was launched. The transaction volume in the same period was 7 million dollars.
  • Liquidity and Supply : Liquidity reaches $6.72 million and there is enough supply to make large transactions. DogWifCat’s total supply is set at 1 billion DWIFC’ tokens.
  • Rapid increase in token holders : According to DEXTools data, DogWifCat has gained 7 thousand 340 investors since its launch.
  • Activity on social media : The token’s Twitter account and Telegram community are very active. You can join to get more information about the project.

Conclusion

DogWifCat (DWIFC) can be said to be a virtual currency with incredible potential due to the synergy between the Solana network and the meme coin trend. DogWifCat stands out in the meme coin space by combining two different things: dogs and cats. The project, which uses these cute creatures as its mascot, offers investors an attractive investment opportunity.

The bull market is still in its infancy and meme coins are leading the way. The Solana network in particular is developing as a hub for meme coins, and cryptocurrencies like DWIFC will continue to attract great attention.

The latest information about the DogWifCat project is updated on X (formerly Twitter) and Telegram. So if you’re interested, you can take a look.

Projects are also faked in Web3 wallets. If the transfer is made to the wrong wallet, you will not be able to access your investment. The correct name in the wallets is DWIFC and the contract address is: wifhHP4nsNmhXJx9Rrq9NFiYShUTFAreM5LKHso5qXK. Be careful and this article is not investment advice!

Click to review DogWifCat Token from its official website.


source site-8