Solana’s Dogwifhat Emerges as Top Memecoin, Surpasses Market Cap Expectations

A new memecoin called dogwifhat saw a 23.2% gain in 24 hours, reaching a market cap of $461.6 million. This surge placed it among the top five memecoins, alongside Dogecoin and Shiba Inu. Despite lacking real-world utility, Solana memecoins are attracting traders for potential speculative gains, with other memecoins like Floki and MAGA also vying for a top spot.

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Solana’s Dogwifhat Emerges as Top 5 Memecoin, Surges 23%

A Solana memecoin called dogwifhat has surged 23.2% in 24 hours, ranking it 5th by market cap among memecoins. It has surpassed popular memecoins like Floki and Memecoin, attracting traders for potential speculative gains despite lacking real-world utility. Influencers compare it to Dogecoin, signaling its growing prominence in the crypto market.

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