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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