Summary
TLDR: Solana token Dogwifhat (WIF) led a rally for meme coins, rising over 20% overnight. WIF’s market cap is now over $3 billion. Other meme coins like BONK and Pepecoin also saw gains. Dogecoin (DOGE) saw a 4.5% increase, possibly boosted by Elon Musk’s interest.
Key Points
1. Dogwifhat (WIF) led a rally for meme coins on Tuesday, rising more than 20% overnight as the rest of the crypto market remained largely stagnant.
2. WIF price reached as high as $3.27 early Tuesday morning, settling at $3.18, with a market capitalization north of $3 billion.
3. BONK, another Solana-based, Shiba Inu-themed token, saw gains of more than 13% during the night, bringing its market capitalization to roughly $1.734 billion.