DogWifCat (DWFIC), a new meme token, has recorded a surge of over 1,200% in value in just 24 hours. This is an unprecedented rise of events in the cryptocurrency market.
The value of it has skyrocketed to $0.00640, according to the cryptocurrency market Poloniex. This surge comes right after the performance of Dogwifhat (WIF), which is another renowned meme. This makes DWFIC a recent struck in the Solana ecosystem.
Trading volumes for DogWifCat have soared to nearly $42,500 at its current price over the same timeframe, signaling a burgeoning interest in this novel token.The token is currently available on Jupiter and Raydium exchanges, with Poloniex being the latest to list it. Despite the meteoric rise, details about DogWifCat remain scarce. Its official website offers a cryptic description, stating:
“Who is DogWifCat? Much coin, such meme, add cat. DogWifCat = so investment. But what exactly is it? It’s simply a dog wif a cat attached to it, or vice versa.”
DogWifCat websiteDogwifhat’s Remarkable Rise Amidst Meme Token Frenzy
This spike in interest and value comes in the wake of the success of Dogwifhat, another meme token that enjoyed a 20% price increase to $2.89 and a significant 160% increase in trading volume, reaching $679 billion. Dogwifhat’s market capitalization now stands at $2.8 million, ranking it as the fourth top asset in its category, trailing only behind heavyweights like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE).
The recent significant incident in the Dogwifhat community got a lot of attention when the community pulled off a major publicity stunt by renting out advertising space on one of Las Vegas’s famous buildings to put their project’s unique logo.
People were even more interested in this event when they learned that the owner of the dog image used to make the project’s Non-Fungible Token (NFT) sold it at auction for an unbelievable 1,210 Ether (ETH), which is about $4.3 million.
