Krutika Adani
dogwifhat has been a top gainer among memecoins this week with a 9.5% gain and has reached a price of $1.62 at press time.
In the last year, the price grew by 866% due to high growth in the Solana ecosystem.
As Solana gets bullish, SOL-based memecoins are expected to get a boost and grow even further this year.
At press time, the crypto had a user activity of 4822 active daily users.
If an alt season arrives in late 2024 or early 2025, WIF might make a new ATH beyond $4.8 by the peak of the next alt season.