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📌 Dogwifhat has climbed to the third largest mimcoin by market capitalization.

Solanas Dogwifhat has overtaken Pepe to become the third largest mimcoin by market capitalization as the Dogecoin community looks for new ventures. Wif

– Solana’s Dogwifhat has overtaken Pepe to become the third largest mimcoin by market capitalization as the Dogecoin community looks for new ventures.

Dogwifhat (WIF), a mimcoin based on Solana’s blockchain, has become the third largest mimcoin by market capitalization.

WIF currently has a market capitalization of $4 billion, behind Dogecoin with over $30 billion and Shiba Inu with over $18 billion.

According to CoinGecko, WIF was trading at $4.13 at 2:45 p.m. ET, a record high.

WIF pushed Pepe the Frog currency into third place among meme coins, with dog-themed designs taking the top three spots.

The meme coin category has grown 27% in the last week, while Dogwifhat has grown 84% in that time.

However, the hype around memes is not without risk, as evidenced by the recent spike in pre-sale scams on the Solana blockchain.

Crypto Detective ZachXBT took a look at some of the pre-sale coins that have caught the attention of potential scammers.

This article was written by the CryptoSlam staff with the help of SlamAI.

With commentary from Forkast Editor-in-Chief Angie Lau, we bring you the most notable new tech developments from an Asian perspective on a weekly basis. Check out the latest issue.

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Bitcoin

Bitcoin

$64,666.96

BTC 0.98%

Ethereum

Ethereum

$3,146.62

ETH 2.46%

Binance Coin

Binance Coin

$569.49

BNB 2.26%

XRP

XRP

$0.53

XRP 4.18%

Dogecoin

Dogecoin

$0.16

DOGE 4.46%

Cardano

Cardano

$0.50

ADA 6.73%

Solana

Solana

$149.52

SOL 4.02%