Summary
OKX has added meme coins WIF and MEW to its offerings, aligning with the growing popularity of meme-based digital currencies. These coins have shown rapid growth, with WIF now ranking among the top 50 cryptocurrencies by market capitalization. The meme coin sector has seen a notable rise in trading following recent market declines, with meme coins outperforming other crypto narratives. Despite their whimsical nature, meme coins have demonstrated substantial growth and resilience.
Key Points
1. OKX has expanded its offerings by introducing two trending meme coins, Dogwifhat (WIF) and Cat in a Dog’s World (MEW), capitalizing on the growing popularity of meme-based digital currencies.
2. Meme coins, including WIF and MEW, have shown rapid growth in the crypto space, with significant daily trading volumes, with WIF’s market cap surpassing $3 billion and MEW trading at $0.0057, up 105% over the past day.
3. Despite their whimsical nature, meme coins have shown substantial growth and resilience, often outperforming other crypto narratives, with the meme coin sector reporting a 6.25% increase over the past 24 hours.