- Written by: Sarala
- Tue, 05 Mar 2024
- United Arab Emirates
In the realm of cryptocurrency, meme coins are currently enjoying their moment in the bull run, with several projects witnessing staggering gains. Today, the Solana ecosystem has emerged as a notable hotspot, where two meme coins, MYRO and Dogwifhat (WIF), have seen a rapid rise in their value after being
Binance Listing Propels Dogwifhat and MYRO to Hit All-Time Highs
- MYRO reached an all-time high of $0.3739, climbing over 375% in a week.
- Dogwifhat (WIF) reached an all-time high of $1.96 with a market cap of $1.88 billion.
In the realm of cryptocurrency, meme coins are currently enjoying their moment in the bull run, with several projects witnessing staggering gains. Today, the Solana ecosystem has emerged as a notable hotspot, where two meme coins, MYRO and Dogwifhat (WIF), have seen a rapid rise in their value after being listed on Binance.
Dogwifhat (WIF)
WIF, popularly known as Dogwifhat, has recently made headlines after securing a coveted listing on Binance, the worlds largest cryptocurrency exchange. With trading for WIF now live on the Binance spot market, the token soared to an all-time high of $1.96, with a market capitalization of $1.88 billion. This surge propelled WIF to the 59th position among crypto assets, firmly establishing its presence in the market.
If the trend persists, WIF could potentially attain $3. Conversely, if the trend reverses, Dogwifhat may encounter immediate resistance at $1.2, potentially leading to further declines toward $0.94.
Myro (MYRO)
Meanwhile, MYRO, another meme coin thriving within the Solana ecosystem, has also experienced a remarkable rally. Surging to an all-time high of $0.3739, MYRO now commands a market cap of $321 million. The daily trading volume for MYRO witnessed an astonishing increase, soaring over 207% to reach $366 million.
However, investor sentiments remain mixed, reflecting the inherent volatility of the market. For MYRO, the daily price chart observes the formation of a potential ascending triangle pattern, with $0.54 emerging as a significant resistance level.