The largest WIF holder has an unrealized profit of over $127 million on the Solana-based memecoin.
Dogwifhat (WIF), a Solana-based memecoin, became the third-largest memetoken by market capitalization on March 29, surpassing Pepe (PEPE) token.
The price of Dogwifhat hit a new all-time high of $4.64 on March 30, before retracing to its current $4.32 mark as of 2:00 pm (UTC), according to CoinMarketCap data.
Following an over 87% weekly rally, Dogwifhat became the third-largest memecoin with a $4.3 billion market cap, surpassing the Pepe token’s $3.4 billion. This makes WIF the 31st largest coin among all cryptocurrencies.