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In a cryptic tweet, major cryptocurrency exchange Gemini hinted at a possible listing of the popular memecoin Dogwifhat’s $WIF Token.
The tweet, simply stating “Get wif it,” has been widely interpreted as a nod to the Solana-based meme coin. This potential move by Gemini comes as $WIF continues to see its value skyrocket since its humble beginnings in November 2023.
The prospect of a Gemini listing marks another milestone in $WIF’s meteoric rise from obscurity to becoming a billion-dollar meme coin phenomenon.
Get wif it https://t.co/qYUSCdMVfF pic.twitter.com/fkdMl08Drf
— dogwifcoin (@dogwifcoin) September 17, 2024
Dogwifhat’s Journey: From Pennies to Dollars
Dogwifhat’s journey from its launch on Solana’s Raydium DEX to its current status as a meme coin heavyweight has been nothing short of extraordinary. Debuting at a mere $0.00012, $WIF experienced an explosive surge to $0.1797 by mid-December 2023.
After a brief correction in early January 2024, the token achieved an all-time high of $4.85 on March 31, 2024.
The factors behind $WIF’s success are multifaceted, ranging from its growing community support to strategic listings on major exchanges.
However, as with many meme coins, $WIF’s journey has not been without its challenges. The token has since entered a correction phase, currently trading around $1.50.
Gemini’s potential listing of $WIF could mark a new chapter in the token’s evolution. The increased accessibility through a reputable exchange like Gemini may boost WIF’s legitimacy and liquidity.
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