Dogwifhat (CRYPTO:WIF), a meme coin running on the Solana (CRYPTO:SOL) blockchain, has seen a remarkable surge of nearly 50% in the past week, reaching $2.30.
This surge positions WIF ahead of prominent meme coins like DOGE (CRYPTO:DOGE), SHIB (CRYPTO:SHIB), and PEPE (CRYPTO:PEPE) in terms of performance and daily trading volume, which exceeds $560 million.
Analysts are optimistic about WIF's future, predicting a potential rise to $3 in the near term and even up to $12 by the end of the year.
The broader meme coin market has also shown signs of revival, with a total market cap nearing $53 billion and several lesser-known assets experiencing substantial double-digit gains.