Benzinga – Increasing meme coin activity has spurred a rally in Dogwifhat (CRYPTO: WIF), which has managed to flip Pepe Coin (CRYPTO: Pepe) to become the third-largest meme coin by market capitalization.
What Happened: Dogwifhat now has a market capitalization of $3.65 billion and its 16% rally in the last 24 hours has helped it blow past Pepe Coin.
In the last 24 hours, Dogwifhat’s market capitalization rose from $3.15 billion to $3.65 billion, while that of Pepe Coin fell from $3.29 billion to $3.28 billion.
According to Benzinga Pro data, Dogwifhat is also the best-performing cryptocurrency in the top 100 when it comes to 24-hour and 7-day performance – it has gained over 16% in the last 24 hours and over 61% in the last seven days.
See Also: Here’s How Elon Musk Reacted After Sam Bankman-Fried Once Reached Out For ‘Blockchain Twitter’
Its market capitalization has increased from $2.26…
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