Dogwifhat Listing on Binance Prices Soar 25% To New ATH

Binance officially listed Dogwifhat (WIF), the Solana-based memecoin rising in popularity. The announcement boosted the dog-themed coin's price to a record high.


Dogwifhat's long anticipated Binance listing occurred today. A wild bull run in recent weeks has pushed WIF even higher following the memecoin craze over the weekend.


The biggest crypto exchange said that the supported Spot Trading Pairs will be listed and traded today at 14:00 UTC. Withdrawals will begin on March 6 at 14:00 (UTC).


The statement lists Binance's new Spot Trading Pairs as WIF/BTC, WIF/USDT, WIF/FDUSD, and WIF/TRY.


The exchange warned of WIF's “higher than normal risk” of price volatility. It advised investors to investigate the coin before trading it due to its newness.


Binance also revealed WIF would get the Seed Tag. This tag calls the currency a “innovative project that might exhibit higher volatility and risks than other listed tokens.”


The Seed Tag requires users to complete Binance Spot and Binance Margin quizzes every 90 days to trade WIF. According to Binance's support website, the quizzes educate users on token risks before trading.


Hat Stays On
Dogwifhat has been rallying “turbo parabolic” since late February. This protest garnered conventional media attention for the dog-themed currency.


WIF and PEPE were mentioned by a Bloomberg presenter while saying the “era of the memecoin is back” on live TV.


WIF's performance has been noticeable since the memecoin market slump a few weeks ago, when its 7-day price dropped 30%.


Dogwifhat was the 196th biggest cryptocurrency by market cap, according CoinGecko. After investors worn several hats, memecoin rose to 64th in two weeks.


After the news, WIF's $1.51 price reached a record $1.90. This price rise was 25.8% in one hour.


In the previous 24 hours, the dog-themed coin's trading volume rose 81.17% to $657.2 million, according to CoinMarketCap Data.

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