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The cryptocurrency whose value increased by 1500% in just 10 minutes is named

10:18 am, May 1, 2024

Ed: not financial advice!

Within 10 minutes of the launch of dogwifhat (WIF) cryptocurrency trading on the Bybit exchange, the value of WIF increased from $ 2.7 to $ 41.8.

on April 29, the Bybit cryptocurrency exchange announced the listing of the dogwifhat (WIF) memecoin. Shortly afterward, the asset price soared by 1450%. The dogwifhat rate stayed at over $ 40 for only a few minutes. Then, the price of the asset returned to normal market indicators.

The abnormal spike in WIF’s value occurred only on Bybit. No unusual activity was observed on the largest crypto exchange Binance, as well as on other platforms.

Dogwifhat is a memecoin launched at the end of 2023 on the Solana platform. It is now one of the most popular memecoins on the market, even managing to overtake the sector’s veteran, Pepe (PEPE), in the capitalization ranking.

In a few months, dogwifhat’s market capitalization exceeded $ 2.5 billion. According to TradingView, the token’s price has increased by more than 2700% overall.

Recently, the memcoin community raised $ 700,000 for an unusual initiative. It is expected that an advertisement with the memcoin logo will appear on the famous Sphere spherical complex in Las Vegas, USA. The news caused the price of WIF to soar by 30%.

No Worries strongly advises readers not to invest in dubious crypto projects and little-known digital assets!

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