The meme coin craze continues in the cryptocurrency industry. Dogwifhat (WIF), which has been on a huge rise like many cryptocurrencies since the beginning of 2024, broke its own record today.

The market value of WIF, which reached the $4 level in the early morning hours, reached over $3.7 billion. This rise in WIF enabled it to surpass PEPE in the ranking of meme coins. PEPE was one of the hardest rising meme tokens of 2024.

In the minutes when the news was written, PEPE’s market capitalisation was around $ 3.3 billion, while this figure was $3.7 billion for WIF… In 1st place is DOGE with a market capitalisation of $30 billion, and in second place is SHIB with $18 billion.

WIF, DOGE and FLOKI, which have recorded significant increases in the last 24 hours, also increase the total market value of meme coins. The total meme coin market value has surpassed $70 billion.

The wallet that bought WIF at $0.24 still hasn’t sold!

On the other hand, on-chain data shows that a wallet that started buying WIF at $0.24 in December 2023 still hasn’t sold despite all the rises. The account’s profit has already surpassed $135 million…