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.
Read more: https://thenewscrypto.com/binance-listing-propels-dogwifhat-and-myro-to-hit-all-time-highs/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M