This Solana Meme Coin Explodes 50% Daily: Here’s Why
Check out why some X (Twitter) users believe a WIF listing on CEX might be impending.
TL;DR
- Solana meme coin WIF (dogwifhat) experienced a significanT price surge, exceeding $0.20.
- A crypto whale’s actions sparked speculation about a potential WIF listing on Binance.
The popular Solana-based meme coin – dogwifhat (WF) – is among the top-performing cryptocurrencies today (January 11), with its price spiking by over 50% and exceeding the $0.20 mark (per CoinGecko’s data). Its market capitalization temporarily surpassed the $230 million level, currently hovering around $200 million.
WIF’s latest rally follows a highly successful 7-day period, during which the asset’s value has increased by over 65%. However, it’s still down from the peak of $0.32 registered shortly before Christmas.
Today’s upswing coincides with the actions of a crypto whale who spent 86,738 SOL (equaling $8.65 million at the time of the transaction) to acquire 17.22 million WIF tokens. The investor is the second-largest holder of WIF after previously purchasing almost 20 million assets.
According to the blockchain analytics platform Lookonchain, the whale calls themselves a “Binance insider” and “seems to want to tell everyone” that the token will be listed on the largest exchange by trading volume.
WIF wouldn’t be the first Solana meme coin supported by the company (assuming it really has intentions to embrace it). In December, Binance listed Bonk Inu (BONK), contributing to the token’s all-time high price rally and its brief market cap ascent above $2 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Coca-Cola (KO.US) Q3 Conference Call: Price increases remain manageable, but destocking and foreign exchange headwinds reduce visibility for Q4 and next year; CCBA divestiture restructures revenue profile
Coca-Cola announced its financial results for the third quarter of 2026 and held an earnings conference call.
US Stock IPO Analysis | From 12 Million to 59.6 Million HKD, Touch Holdings' Light Asset Transition and Growth Ceiling
Although Touch Holdings operates in the traditional field of interior decoration, its explosive growth in performance raises the question of whether it can attract market capital.
SK Hynix (SKHY.US) Q3 Conference Call: DRAM and HBM Capacity Nearly Sold Out Until 2029, AI Investment Shifts Toward Sovereign and Enterprise Diffusion
SK hynix released its financial results for Q3 2026 and held an earnings conference call.
Boeing (BA.US) Q3 Conference Call: Annual Target of 500 Deliveries Missed, Cash Flow Aiming for $10 Billion by 2029
Boeing (BA.US) announced its third-quarter 2026 results and held a conference call on Tuesday.
Crypto prices
More
