Dogwifhat, Floki, Dogecoin soar as crypto market cap spikes 7.77%

The meme coin market was not left behind, registering a 16.7% uptick in the last 24 hours, giving the sector a value of $57.7 billion, according to CoinGecko. Here are the standouts.

Dogwifhat

Leading the charge among big-cap meme coins was Dogwifhat (WIF). The Solana-based cryptocurrency — launched on Nov. 20, 2023 — witnessed a remarkable 23% surge in the last 24 hours, accompanied by an impressive 28.65% increase over the past week.