Dogwifhat Surges 37% After Coinbase Listing Announcement
The Solana-based meme coin Dogwifhat (WIF) saw a significant surge in price following its announcement of being listed on Coinbase. On November 13, WIF spiked over 37% after the listing news, reaching $4.21, its highest price since March.
This price increase marks a return to an upward trend seen in April when it was announced that Coinbase would support Dogwifhat perpetual futures on Coinbase Advanced and International. The listing news has reinstated this trend, with WIF's open interest jumping over 40% to reach $729 million.
Dogwifhat's visibility increased after the announcement, sparking bullish bets on the meme coin. Any kind of listing news from major exchanges like Binance or Coinbase typically triggers action in the market. The recent listing news has made Dogwifhat join top meme coins such as Dogecoin and Pepe.