Shiba Inu (SHIB) Competitor Dogwifhat (WIF) Emerges as Top Performer Last Week

Dogwifhat (WIF) becomes top gaining crypto amid mid-caps

In the past seven days, the capitalization of Dogwifhat (WIF), the biggest Solana-based meme crypto, soared by 25.9%. Yesterday, the WIF price touched a seven-week high over $4 on major spot exchanges. As such, WIF becomes the undisputed best performer of the past week amid the top 50 cryptocurrencies.

Dogwifhat’s (WIF) market cap, therefore, is sitting above $3.5 billion. It not only eclipsed the largest Ethereum L2, Arbitrum (ARB), but also veteran cryptocurrencies Cosmos (ATOM), Kaspa (KAS), and Filecoin (FIL).

Dogwifhat (WIF) hit impressive milestones in May

May 2024 resulted in notable accomplishments for the Dogwifhat (WIF) community. The token entered the top 30 assets by market cap for the first time in its history.

The community started recalling its Q1, 2024, rally by posting “hat is still on” memes.