A dog-themed rival of Dogecoin (DOGE) is constant its post-election ascent after gaining help from prime US-based crypto change platform Coinbase.
In a brand new announcement, Coinbase says that fashionable meme asset dogwifhat (WIF), which launched lower than a yr in the past in December 2023, is now accessible on its platform to purchase, promote, finish, ship and convert.
“dogwifhat is now dwell on [coinbase.com] and within the Coinbase iOS and Android apps. Coinbase clients can log in to purchase, promote, convert, ship, obtain or retailer these property.”
Information of the itemizing despatched WIF flying from a low of $2.99 on November thirteenth to its present value of $4.05, a achieve of 34%. The day earlier than the 2024 presidential election, WIF has valued at simply $1.92.
WIF launched final yr on the Solana (SOL) blockchain as a community-driven memecoin with a set provide. It shows the picture of a Shiba Inu canine carrying a pink knitted hat and rapidly gained recognition.
Final month, pseudonymous crypto dealer Credible Crypto predicted that WIF, which on the time was exchanging palms for $2.84, was displaying a bearish setup that would presumably see it dip under $1.
Whereas WIF ended up ultimately dipping under the $2 price ticket, it by no means fell under $1, ultimately using the post-election increase to a value of over $4.
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