crypto.news
Dogwifhat has surged more than 37% in the past 24 hours, with the meme coin’s price rising sharply after token listing news from crypto exchange Coinbase.
Coinbase announced on Nov. 13 that it had added Dogwifhat (WIF) to its listing roadmap. The announcement saw the price of the Solana (SOL) meme coin spike to highs of $4.21 – WIF’s highest price level since March when bulls reached the all-time high of $4.83.
The news excited the Dogwifhat market, with this seeing WIF join Pepe (PEPE) and Dogecoin (DOGE) as the day’s hottest top meme coins. As crypto.news highlighted earlier in the day, Pepe price spiked amid listing news on Coinbase and Robinhood.
Meanwhile, DOGE broke above $0.41 as the ecosystem cheered U.S. president-elect Donald Trump’s announcement that Elon Musk and Vivek Ramaswamy would head the Department of Government Efficiency effort.
In WIF’s case, the latest news from Coinbase has reinvigorated the upside potential that engulfed the token in April. This was when the U.S.-based crypto exchange first announced support for Dogwifhat perpetual futures on Coinbase International and Coinbase Advanced.
In a post on X, Coinbase chief legal officer Paul Grewal confirmed the listing of WIF. According to Grewal, the exchange has added the meme coin to its roadmap amid plans to list it.
With traders largely bullish on listing events, particularly on top exchanges like Coinbase and Binance, the latest news about such an action for Dogwifhat has led to bullish bets. As the market anticipates greater visibility and demand for the meme coin, WIF’s open interest has increased more than 40% to over $729 million.
The token traded at $4.14 at the time of writing, about 14% off its all-time high.