A new meme token called DogWifCat on Solana is up over 1200% in the last 24 hours.
DogWifCat (DWFIC) has taken the Solana ecosystem by storm, rising more than 1,200% in 24 hours to $0.00640, according to cryptocurrency exchange Poloniex. At the same time, the token's trading volumes over the past 24 hours reached almost $42,500 at the current price.
There is practically no information about the new DWFIC token. According to the project website, the coin is available on the Jupiter and Raydium exchanges. Poloniex also announced its IPO.
The project authors describe DogWifCat as follows:
“Who is DogWifCat? A lot of coin, what a meme, adds cat. DogWifCat = then investment. But what is it exactly? It's just a dog with a cat attached to it, or vice versa.”
DogWifCat website
A new token in the Solana ecosystem has caught the attention of the community, copying the popular Dogwifhat meme coin (WIF). The coin also gained the most in the last 24 hours, according to data from CoinMarketCap, increasing its price by 20% to $2.89 and 160% in trading volume to $679 billion.
Currently, WIF's capitalization is estimated at $2.8 million, making it the fourth largest asset according to this indicator. Only Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are ahead of Dogwifhat.
Interest in the token is driven by the Dogwifhat community, which previously raised funds to place the project's logo on one of the most famous buildings in Las Vegas. The owner of the dog photo sold the nft for 1,210 Ether (eth) worth $4.3 million.