Real Vision Group founder Raoul Pal recently revealed that he owns less than 2% of the Dogwifhat (WIF) meme token. This was revealed by Pal when WIF memecoin experienced an astonishing increase in market value by 43.69%, attracting attention from crypto enthusiasts and investors.
In his latest post on social media, Pal revealed his ownership of less than 2% of WIF tokens. The disclosure coincided with a 59% jump in WIF market value, marking an important milestone for meme tokens within the broader crypto market.
The surge in WIF market value reflects the growing appeal to dog-themed meme tokens amid a broader crypto market rally. The WIF trading price is currently at $3.19 (approximately Rp49,680.10), showing an increase in value of 43.69% in the last 24 hours according to CoinMarketCap data.
WIF Soars 1,600% in 90 Days
In addition, WIF has experienced a phenomenal jump of 1,600% in 90 days, accompanied by a 600% increase in 30 days, and a 54% increase in the last seven days. Its market capitalization has now reached $3.1 billion (around Rp48.3 trillion), shifting other meme tokens to become the fourth largest by market cap.
Although the market value of WIF is still a fraction compared to Dogecoin, which ranks 9th among all cryptocurrencies with a market capitalization of $26 billion (approximately Rp405.4 trillion), the rapid success of WIF in a relatively short period of time is undeniable.
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Memecoin Soars
The increase in WIF market value has also coincided with a broader surge in the meme token segment, with the sector's market capitalization surging by 7.12% in the last 24 hours to $65.44 billion (approximately Rp1,019 trillion). This strong growth was supported by the rally of other popular meme tokens such as Dogecoin, Shiba Inu, Pepe Coin, and FLOKI.
Arthur Hayes, co-founder of BitMEX, predicts the price of WIF will reach $10 (around Rp155,900), strengthening investor confidence and increasing interest and anticipation in the meme token segment. The surge in WIF's market performance, along with bullish predictions of a further price rally, confirms the growing enthusiasm and investment activity surrounding this unique digital asset.
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How to Buy Dogwifhat (WIF) on Bittime
You can buy and sell Dogwifhat (WIF) in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
Dogwifhat (WIF) is available on Bittime with the WIF/IDR market pair. To be able to buy WIF IDR at Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.
Learn the complete guide on how to buy Dogwifhat (WIF) on Bittime.
Monitor the price chart movements of Dogwifhat (WIF), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Dogwifhat (WIF) has gone up a lot, is it still worth buying?
Dogwifhat (WIF) Price: Until When Did This Bullish Trend Occur?
Dogwifhat (WIF), Solana Network's Memecoin Soars 200%
DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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