{"id":3213,"date":"2024-03-21T17:06:57","date_gmt":"2024-03-21T17:06:57","guid":{"rendered":"https:\/\/solanacrypto.news\/2024\/03\/21\/new-solana-meme-coin-dogwifcat-skyrockets-2367-in-a-day-next-bome\/"},"modified":"2024-03-21T17:06:57","modified_gmt":"2024-03-21T17:06:57","slug":"new-solana-meme-coin-dogwifcat-skyrockets-2367-in-a-day-next-bome","status":"publish","type":"post","link":"https:\/\/solanacrypto.news\/2024\/03\/21\/new-solana-meme-coin-dogwifcat-skyrockets-2367-in-a-day-next-bome\/","title":{"rendered":"New Solana Meme Coin DogWifCat Skyrockets 2,367% In A Day – Next $BOME?"},"content":{"rendered":"
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Join Our Telegram <\/a><\/u>channel to stay up to date on breaking news coverage<\/p>\n<\/div><\/div><\/div>

The newest Solana meme coin DogWifCat ($DWIFC)<\/a> launched at 17:00 UTC yesterday, Wednesday March 20th, and has soared 2,367% to $0.01021 as frenzied buying accelerates.<\/p>\n\n\n\n\n\n

Aside from bitcoin chalking up new all-time highs, the biggest story in crypto is the Solana juggernaut. First, there was BONK and then Dogwifhat, and more recently $SMOG, $BOME and $SLERF.\u00a0<\/p>\n\n\n\n

Taken together meme coins are collectively demonstrating both the robustness and the value of the Solana blockchain. Now enter DogWifCat, which is already going parabolic less than 24 hours after launching.<\/p>\n\n\n\n

Everyone in crypto now surely knows of the Wif-hat riff and its multiplying variants. Well, DogWifCat is doing things a little differently from the rest of the pack by dispensing with the hat and going for a rhyming cat instead. It has a definite ring to it, which counts for a lot in the meme coin world that is all about virality.<\/p>\n\n\n\n

From nowhere, $DWIFC has raced to a market capitalization of $10.07 million and a trading volume since its launch yesterday of $7 million.\u00a0<\/p>\n

What is Dogwifcat, we promise everything is fine we didn’t fuck up.$DWIFC<\/a> pic.twitter.com\/DmbaUgrBfp<\/a><\/p>\u2014 DogWifCat (@DWIFConSol) March 21, 2024<\/a><\/blockquote>\n\n\n\n

Whales will also welcome the fact that liquidity currently stands at $4.31 million, meaning there is ample provisioning to facilitate large transactions.\u00a0\u00a0<\/span><\/figure>\n\n\n\n

DogWifCat has a total token supply of 1 billion \u2013 the $DWIFC token address is wifhHP4nsNmhXJx9Rrq9NFiYShUTFAreM5LKHso5qXK<\/a>.<\/p>\n\n\n\n

Prospective buyers will be happy to know that our conjoined furry friend DogWifCat has amassed 1,390 token holders in no time at all, Dextools data<\/a> shows.<\/p>\n\n\n\n

Will Whales Rotate Out Of $BONK, $MYRO, $BOME, And $SLERF To Buy $DWIFC?<\/h2>\n\n\n\n

$DWIFC can be bought on Jupiter<\/a> or Raydium<\/a> decentralized exchanges by swapping using Solana or a Solana-based token. The present juncture in the market could be a good time to take profits on some of the other Solana token high-fliers such as $BONK, $MYRO, $BOME and $SLERF, and rotate some of those mega-profits into $DWIFC<\/a>.<\/p>\n\n\n\n

As the DWIFC website would have it: \u201cMuch coin, such meme, add cat. DogWifCat = so investment.\u201d Put that another way, there could be a lot of money to be made with this dog-cat lash-up.<\/p>\n\n\n\n

It is of course hard to tell for sure which meme coins will be the runners that deliver nose-bleed ROI, but insiders suggest that the smart whale money is pilling into this one, so it is probably worth getting some skin in the game.<\/p>\n\n\n\n

One such whale has piled in with a $102,000 buy \u2013 as evidenced by the screengrab below from the DogWifCat Telegram channel:\u00a0<\/p>\n\n\n\n

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