Dogwifhat (WIF) is a meme coin representing a Shiba Inu dog wearing a hat, running on the Solana blockchain. With its 24-hour trading volume quickly surpassing well-known meme coins such as SHIB and PEPE, WIF is one of the dog-themed meme coins that have gained popularity in recent years. WIF runs on the Solana blockchain, which offers high-speed and low-cost transactions and is known for its high volatility. With an active community, WIF aims to increase its use cases.
WIF, which fell 10.99% in the last 24 hours and at the time of writing, was among the day's decliners. WIF, which has been on the rise with the rise of Bitcoin in recent days, may have declined with a correction movement after the sudden rise it experienced.