Dogwifhat (WIF) Outshines Top Meme Coins with Bullish Breakout

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The post Dogwifhat (WIF) Outshines Top Meme Coins with Bullish Breakout appeared first on Coinpedia Fintech News
The popular Solana-based meme coin Dogwifhat (WIF) is leading the crypto meme industry. As of August 10, 2024, the overall performance of meme coins is quite dull, including top meme coins Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) as they experienced a price surge of 0.5%, 1.2%, and 1.35% in the last 24 hours.
WIF price analysis
At the same time, WIF has gained massive attention from the crypto community as it experienced a price surge of over 8%. At press time, WIF is trading near the $1.81 level and has also reached the $1.94 level in the last 24 hours. Meanwhile, its trading volume has declined by 20% during the same period. This declined trading volume indicates lower participation from traders.
Rise of Open Interest
However, WIF’s open interest is gradually increasing and has increased by over 7% in the last 24 hours, according to an on-chain a

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