【Trending】Solana meme coin dopewif rockets onto the trending list
Another meme coin is taking off on the SOL chain, but this time even its origins are unclear.
At 19:10, #dopewifhat appeared on Binance Web3's trending topics list. The token representing dopewif has a market cap of $1.062 million, a 24h change of +37040.8%, net inflows of $57,000 in the past hour, and 1,373 holders.
Origins: unconfirmed. The name seems to be riding on the old WIF meme, but I couldn't find any connection between the two. The AI summary on the trending topics list gives a direct warning: dopewif tokens with the same name are being issued rapidly, and reliable information is lacking.
My take: watch, don't chase. A meme coin on-chain with a million-dollar market cap can be pumped with just tens of thousands of dollars—and can also be driven to zero in a single candle. There are too many tokens with the same name, so the risk of buying the wrong contract is greater than the risk of price swings.
Two things to watch next: US PPI and retail sales are due at 20:30. SOL is currently at 102.48, down 4.18% over 24h; if the broader market falls again, meme coins are usually the first to bleed. Also watch whether its net inflows over the past hour turn negative.
Would you touch a meme coin that's been on the list for just an hour?
Source: Binance Web3 trending topics, CoinDesk
#dopewifhat #Meme SOL
📈 Top three contract gainers (19:28): $ZEREBRO +48.60%|$ARC +44.92%|$BSP +37.21%
#BinanceSquare
⚠️ The above is an整理 of information and personal opinion, and does not constitute investment advice. DYOR.
Another meme coin is taking off on the SOL chain, but this time even its origins are unclear.
At 19:10, #dopewifhat appeared on Binance Web3's trending topics list. The token representing dopewif has a market cap of $1.062 million, a 24h change of +37040.8%, net inflows of $57,000 in the past hour, and 1,373 holders.
Origins: unconfirmed. The name seems to be riding on the old WIF meme, but I couldn't find any connection between the two. The AI summary on the trending topics list gives a direct warning: dopewif tokens with the same name are being issued rapidly, and reliable information is lacking.
My take: watch, don't chase. A meme coin on-chain with a million-dollar market cap can be pumped with just tens of thousands of dollars—and can also be driven to zero in a single candle. There are too many tokens with the same name, so the risk of buying the wrong contract is greater than the risk of price swings.
Two things to watch next: US PPI and retail sales are due at 20:30. SOL is currently at 102.48, down 4.18% over 24h; if the broader market falls again, meme coins are usually the first to bleed. Also watch whether its net inflows over the past hour turn negative.
Would you touch a meme coin that's been on the list for just an hour?
Source: Binance Web3 trending topics, CoinDesk
#dopewifhat #Meme SOL
📈 Top three contract gainers (19:28): $ZEREBRO +48.60%|$ARC +44.92%|$BSP +37.21%
#BinanceSquare
⚠️ The above is an整理 of information and personal opinion, and does not constitute investment advice. DYOR.