Binance Announces the Listing Of Dog-Faced Meme Coin Dogwifhat (WIF), Price soared to $1.7.

The post Binance Announces the Listing Of Dog-Faced Meme Coin Dogwifhat (WIF), Price soared to $1.7. appeared first on Coinpedia Fintech News

Binance, the crypto giant, has announced the listing of Dogwifhat (WIF) to its platform. This dog-faced meme coin, running on the Solana blockchain, has created quite a buzz. The news soars Dogwifhat’s price, surging an impressive 28% within an hour after the announcement, making a strong comeback from recent dips.

Binance Listing Dogwifhat

The memecoin community is buzzing with anticipation as Dogwifhat (WIF) gears up for its much-awaited listing into the Binance trading arena on March 5, 2024, at 02:00 p.m. UTC.

According to the Binance announcement, it will introduce four new trading pairs for WIF: WIF/BTC, WIF/USDT, WIF/FDUSD, and WIF/TRY. An interesting twist – Binance is not charging any listing fee for WIF, making it an appealing addition.

However, traders and WIF holders can start making deposits for trading, with withdrawals opening on March 6, 2024, at 2:00 p.m. UTC. Perhaps the coin will be introduced with a Seed Tag, signifying its innovative nature with higher risks and volatility.

Market’s Positive Response

Binance urges caution and advises traders to do their due diligence. For those interested in trading tokens with the Seed Tag.  

Despite the caution, the market responded swiftly and positively. Dogwifhat’s value surged nearly 27% within an hour, reflecting significant investor interest and excitement around its Binance listing.

Dogwifhat’s Price Performance

Over 24 hours, the meme coin recorded a gain of 12%, and currently trading at $1.70. With a market cap of $1.85 billion, Dogwifhat’s trade volume spiked by 55.30%, reaching $580.50 million in the past 24 hours.

In the last 30 days, Dogwifhat’s price has soared by an impressive 320%, showcasing the growing popularity of this meme crypto. However, it’s crucial to note that after hitting an all-time high of $1.92 on Monday, the WIF price experienced a dip before rebounding, touching a low of $1.34.