Dogwifhat (WIF) has booked a 24-hour gain of nearly 14% as trading volumes have nearly doubled during this period.
Paired with Fartcoin (FARTCOIN), this dog-themed meme coin is one of the best-performing assets in the top 10 of this category in the past month with 14.2% gains.
More than half of the token’s circulating market cap has exchanged hands in the past 24 hours, which emphasizes how strong buyers’ interest is.
The main cause for this unexpected single-day uptick is WIF’s listing at Bithumb, a big South Korean crypto exchange with 24-hour spot trading volumes of nearly $1 billion.
dogwifbithumb https://t.co/7tEvgVVFhI pic.twitter.com/becz5hJ2Zc
— dogwifcoin (@dogwifcoin) June 10, 2025
Exchange listings tend to cause big price swings for meme coins as additional liquidity is immediately injected into these assets while the price uptick tends to trigger all sorts of buying signals and creates some FOMO among retail investors.
However, other Solana-based meme coins are also rallying strongly today including Pudgy Penguins (PENGU) and Popcat (POPCAT), both of which have experienced single-day gains of 12% and 5.2% respectively.
WIF Could Double Its Price After Bullish ‘Golden Cross’
The price action for WIF in the 4-hour chart shows that the token has found strong selling pressure at $1. This is a relevant psychological threshold for market participants. Hence, traders should keep an eye on how the price action reacts after hitting this mark.
The next support to watch in case of a solid bullish breakout would be the $1.2 level as there seems to be enough locked selling volumes that could be freed up once the price gets there.
In this hourly time frame, both the 9-day and 21-day exponential moving averages (EMA) have crossed above the 200-day EMA. This technical buy signal is known as the ‘golden cross’ and tends to anticipate a big uptrend.
The last time it happened in the 4-hour chart, the price of WIF more than doubled in roughly a month or so.
Meanwhile, the Relative Strength Index (RSI) has hit overbought levels already while the MACD’s histogram is already showing signs that positive momentum could be decelerating.
As meme coins continue to recover, the best crypto presales in this category will likely outperform well-established tokens like WIF.
A new ICO called Snorter (SNORT) offers the best of two worlds – a funny character with the potential to become a viral meme and a powerful bot that can snipe the best trading opportunities in the Solana ecosystem.
Snorter (SNORT) Raises More Than $600K in Just a Few Days to Launch Its Solana Trading Bot
The most successful meme coins within Solana have delivered big gains to investors but, usually, once late buyers hear about them most of their upside potential has been realized.
Snorter (SNORT) is a powerful algorithmic trading bot created to snipe these opportunities once they pop up.
The bot is designed to detect shady and fraudulent offerings and screen them out to focus on robust assets that have the potential to deliver 10X or higher gains.
$SNORT is the gateway to access the bot’s sophisticated features. In addition, the project charges the lowest commissions and allows users to set limit orders for their trades.
Once the Solana community starts to notice the great results that Snorter will deliver, the demand for $SNORT will skyrocket. This gives early buyers who take advantage of the token’s discounted presale price an edge over the rest of market participants.
To buy $SNORT at this early stage, head to the Snorter website and connect your wallet. You can either swap USDT or SOL for this token or use a bank card to invest.