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dogwifhat

WIF, HNT, CORE, and PEPE boast over 40% in weekly gains

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Dogwifhat, Helium, Core, and Pepe have emerged as the top gainers in the crypto market over the past week. Each token experienced a price surge exceeding 40%.

Dogwifhat

Dogwifhat (WIF) is up over 50% for the past seven days, exchanging hands at $2.56 at the time of writing.

The crypto assets had a daily trading volume of $311 million, while its market cap had surpassed the 2.55 billion mark per data from CoinMarketCap

4 crypto winners: WIF, HNT, CORE, and PEPE boast over 40% in weekly gains - 1
WIF price chart | Source: CoinMarketCap

Despite lacking any clear utility, WIF — the dog-themed meme coin based on Solana — has become one of 2024’s top-performing meme coins.

Its website humorously notes that it is “literally just a dog wif a hat.”

The WIF token has outperformed other well-known meme coins like Shiba Inu and Pepe Coin in terms of price gains. In March, supporters swiftly funded a campaign to project the Dogwifhat image onto the Las Vegas Sphere, surpassing their fundraising target within days.

Helium

Helium (HNT), a blockchain network aimed at the Internet of Things (IoT), surged by 47.8% over the past week and is now trading at $4.70.

With a market cap of about $756 million, Helium ranks 92nd in global cryptocurrency rankings by market cap, as reported by CoinMarketCap, and has a trading volume of approximately $8.6 million.

4 crypto winners: WIF, HNT, CORE, and PEPE boast over 40% in weekly gains - 2
HNT price chart | Source: CoinMarketCap

Helium is a pioneering blockchain network designed to enable wireless communication for IoT devices globally.

Created by Helium Inc., which was established in 2013, this network offers a decentralized, cost-effective, and scalable connectivity solution.

Rather than depending on centralized infrastructure like traditional telecom services, Helium’s unique approach allows individuals to become network hosts by running Hotspots—specialized hardware devices that offer coverage and transmit data for IoT devices.

In exchange for their participation, hosts receive Helium tokens (HNT), thereby encouraging the expansion and density of the network.

Core

Core (CORE) saw a 47% increase over the past seven days. According to price data from crypto.news, CORE is currently priced at $1.64, with a 62.9% rise in daily trading volume to around $115 million.

4 crypto winners: WIF, HNT, CORE, and PEPE boast over 40% in weekly gains - 3
CORE price chart | Source: TradingView

Currently, CORE’s market capitalization is valued at $1.47 billion. Despite the recent upswing, the token’s price is still 75% lower than its all-time high of $6.47, recorded on Feb. 8.

Core operates as a decentralized digital payment system on its dedicated blockchain network. It employs a proof-of-work protocol to validate transactions and to mine new coins. The cryptocurrency is designed with a focus on privacy, supporting anonymous transactions through sophisticated cryptographic methods.

As an open-source project, Core’s development is supported by a worldwide community of volunteer developers.

This digital asset is used for direct peer-to-peer transactions, is stored in crypto wallets, and is available for trading across various digital asset exchanges.

Pepe

Pepe (PEPE) rose 40% over the past day, trading at $0.000012 at press time. Its daily trading volume hovers at around $614 million over the last 24 hours.

The PEPE market cap stands at $5.16 billion, ranking it as the 22nd largest cryptocurrency.

4 crypto winners: WIF, HNT, CORE, and PEPE boast over 40% in weekly gains - 4
PEPE price chart | Source: TradingView

Pepe, an Ethereum-based token that debuted on April 15, draws inspiration from the popular meme culture. It aims to capitalize on the meme coin trend, leveraging the widespread recognition of its amphibian mascot. This approach has resonated well with traders and investors, elevating the token’s profile in the cryptocurrency market.

Designed as a deflationary token with no tax implications for transactions, Pepe seeks to carve out a significant position among established meme coins like Shiba Inu and Dogecoin. The token’s association with the well-known “Pepe the Frog” meme is central to its strategy to attract a broader user base.

Bitcoin climbs 12% in strong recovery

The overall surge in these altcoins followed Bitcoin’s (BTC) 12% rise over the past week, reaching $67,180 on Sunday. Bitcoin’s 24-hour lows and highs were $66,640 and $67,567, respectively.

Yesterday, the world’s largest cryptocurrency attempted to breach the $68,000 mark but faced resistance, leading to a premature halt in the rally by bearish traders.

Despite this setback, BTC’s strong performance over the week has positively influenced the broader cryptocurrency market sentiment. The sentiment has shifted from Fear to Greed, with the Greed index rising sharply to 74, a significant increase from last week’s score of 33.

Meanwhile, the global cryptocurrency market cap also witnessed a 1.42% increase over the last day, elevating to a total of $2.43 trillion.



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dogwifhat

Will Dogwifhat Price Hit $10 This December?

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Dogwifhat price, a Solana-based meme coin, has soared by 70% in the past month, gaining significant investor interest. Analysts now anticipate a potential breakout above the $10 mark, driving heightened optimism around the token’s bullish trajectory. The surge highlights growing confidence in the WIF market prospects, with its performance sparking widespread attention within the cryptocurrency community.

Can Dogwighat Price Rally Above $10 By End of 2025?

Crypto analysts tweeted insights suggesting the Dogwighat price could surge past $10 by the end of 2025. The chart reveals a notable breakout from a resistance level, supported by bullish volume and ascending trends.  

The daily chart exhibits a consolidation phase, with prices attempting to push above a key resistance zone near $4.86. The analyst highlights the rising support levels, forming an upward wedge, which could fuel momentum for higher targets.

A crucial factor driving optimism is the breakout above the 99-day Simple Moving Average (SMA) at $2.47. Historically, breaking above such technical levels signals potential upside movement. Furthermore, the chart depicts an increasing trading volume, reflecting growing investor interest.

Will Dogwifhat Price Hit $10 This December?Will Dogwifhat Price Hit $10 This December?
Source- Tweet

Crypto prices today saw mixed trends as Bitcoin hovers at $98,000, maintaining its dominance in the market. Ethereum climbed beyond $3,900, boosting investor optimism. Meme coins like Floki, SHIB, and PEPE also surged, sparking speculation about PEPE potentially reaching $10.

Is WIF Price Set for a Breakout?

The WIF price is gaining attention, trading at $3.44 today following a 40% surge over the past month. Over the last week, WIF demonstrated steady growth, climbing from lows near $3.00 to a high of $3.51. The token remains 29.14% below its all-time high of $4.85, reached on March 31, 2024.

A breakout above the $4.00 resistance level could indicate bullish momentum, potentially pushing prices toward their previous peak of $4.85. Achieving this milestone may pave the way for a push toward the $10.00 barrier by year-end. 

However, a bearish reversal could see WIF retreat to $3.20 or even test the $3.00 support level, signaling a cautious market outlook.

Technical analysis reveals the MACD line continues to hover in bullish territory, indicating a lingering upward momentum. However, the histogram suggests weakening buying pressure, signaling potential challenges ahead.

Will Dogwifhat Price Hit $10 This December?Will Dogwifhat Price Hit $10 This December?
Dogwifhat Price Chart By TradingView

Dogwifhat’s recent rally and technical indicators suggest a promising upward trajectory, with $10 within reach if momentum sustains. 

Frequently Asked Questions (FAQs)

Analysts suggest it’s possible, given the bullish momentum and technical indicators.

Dogwifhat’s ATH is $4.85, reached on March 31, 2024.

Breaking key resistance levels, increased trading volume, and bullish market sentiment.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Binance memecoin listing 2024

80% of memecoins pumped after Binance listing in 2024

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The cryptocurrency exchange Binance saw significant price increases for several memecoins listed on its platform in 2024.

On Nov. 11, pseudonymous onchain analyst Ai_9684xtpa posted on X that among the 15 memecoins listed by Binance in 2024, 12 saw significant increases in value after going live on the exchange. 

Memecoins like Moo deng (MOODENG), Dogwifhat (WIF) and Popcat (POPCAT) saw prices appreciate over 200% after their Binance listing, with the Neiro (NEIRO) memecoin pumping by almost 7,600% after going live on the exchange.

Memecoins listed on Binance in 2024. Source: Ai

While many of the listed tokens saw price increases, some experienced declines. Mog Coin (MOG), Myro (MYRO) and Book of Meme (BOME) all showed slight depreciation after their Binance listings. 

MYRO experienced a 33.25% price decrease, while MOG and BOME decreased by 11.78% and 1.28%, respectively.

Most listed memecoins are on Solana blockchain

The onchain analyst also highlighted that 60% of the memecoins listed on Binance in 2024 were based on the Solana blockchain. Another 26.7% were on Ethereum, with the remainder split between Binance’s BNB Smart Chain and the Base network.

Among the memecoins listed in the exchange, only five are available in spot and futures trading. The onchain analyst believes that Binance is relatively cautious on spot listings. 

Based on the data, the onchain analyst concluded that Binance does not seem to have a market value requirement for a memecoin listing. However, the analyst said that a common denominator between the memecoins is their popularity and communities.

Related: FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ

Trump memecoins drop after election win

While the crypto market continues to show gains, Donald Trump-themed memecoins seem to have lost their appeal. 

On Nov. 7, Trump-themed memecoins collapsed after the president-elect’s victory in the United States presidential election. The MAGA (TRUMP) token tanked by 53% on Nov. 7, while the MAGA Hat (MAGA) memecoin dropped by 55%. Other Trump memecoins decreased in value by 50% to 75%. 

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