Shiba Inu, Dogwifhat Post Double-Digit Gains As Memecoins Shrug Off Dips In Bitcoin, Ethereum: What's Going On?

Shiba Inu, Dogwifhat Post Double-Digit Gains As Memecoins Shrug Off Dips In Bitcoin, Ethereum: What's Going On?

Benzinga – On a day when blue-chip currencies dipped lower, memecoins continued to show strength, led by Shiba Inu and dogwifhat.

What Happened: Solana (CRYTPO: SOL)-based dogwifhat emerged as the market’s third-largest gainer, and the best-performing memetoken in the last 24 hours. The coin reached a six-week high and is steadily approaching its March top of $4.73.

WIF clocked $1.4 billion in volume in the last 24 hours, representing a 40% increase.

Cryptocurrency Gains +/- Price (Recorded at 10:10 p.m. EDT)
dogwifhat (CRYPTO: WIF) +12.25% $3.72
Shiba Inu (CRYPTO: SHIB) +9.78% $0.00002767
Floki (CRYPTO: FLOKI) +9.10% $0.0002907

The second-largest memecoin,…
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