- WIF’s price rose by 20% in less than an hour after Binance announced its listing.
- The Fibonacci extension signaled a move to $4.35 if buying pressure increases
- Open Interest in the meme coin climbed, as did the derivative volume.
A few minutes after Binance announced that it would launch dogwifhat (WIF) the price jumped by 20%. The move meant that WIF was able to surpass its all-time high as it hit $1.87. Binance disclosed the listing via various channels, including its X account and a blog post.
#Binance will list @dogwifcoin $WIF with Seed Tag Applied.https://t.co/zlKeAgCLO6 pic.twitter.com/76nuDTbsAO
— Binance (@binance) March 5, 2024
WIF Explodes Again
WIF came into the limelight last year. But in the last few weeks, the meme coins have experienced an incredible amount of volume, and the price has skyrocketed. According to CoinMarketCap, WIF’s price has increased by a whopping 746% in the last 30 days. As a result, its market cap reached $1.98 billion. If WIF’s price continues to surge, the market cap could cross $2 billion.
It is also important to note that Binance included different pairs against the meme coin. The trading pairs includ…
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