- Solana token WIF has overtaken Pepe because the third most precious meme coin.
- WIF outranked PEPE following a rally exceeding 20% inside the final 24 hours.
- WIF continues to be considerably behind Shiba Inu, with a $15 billion hole between them.
In a exceptional flip of occasions, the fastest-growing Solana-based memecoin, Dogwifhat (WIF), has knocked out the extra outstanding meme token, PEPE, to rank because the third most precious meme.
Based on knowledge from market monitoring sources, WIF now instructions a market cap of $3.7 billion. This places it in third place, main PEPE by some $500 million.
The Solana meme coin outranked PEPE following an explosive rally exceeding 20% inside the final 24 hours. The double proportion surge contrasts the trajectory noticed for extra outstanding meme cash, which recorded beneficial properties under 10%.
Particularly, PEPE witnessed barely a 3% achieve over the previous day, whereas WIF recorded over 20%. Furthermore, WIF has a cumulative seven-day efficiency of 55% progress, contrasting PEPE’s unfavorable 2% achieve. Apart from, WIF’s 30-day trajectory of 360% achieve is greater than double the 147% achieve observable with PEPE.
After outranking PEPE, WIF now sits proper behind the defending champions of the meme coin panorama, Dogecoin and Shiba Inu. Nevertheless, Shiba Inu leads WIF with a staggering $15 billion hole. This implies that the Solana meme coin should develop by at the very least 500% to come back near outranking Shiba Inu, assuming that SHIB stays stagnant at its $18 billion cap, which is unbelievable.
Notably, WIF has been considered one of this cycle’s most excellent meme cash. CoinMarketCap knowledge indicated that the Solana meme is up by 2035% to $3.7 since final December when it traded at $0.1742.
By the identical interval, Dogecoin, Shiba Inu, and PEPE have witnessed much less comparable beneficial properties of between 130% and 500%. Different Solana meme cash dominating the meme coin panorama embody BONK and E-book of Meme (BOME).
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