Categories: Market Watch

Bitcoin Hovers Around $70,000—But Meme Coin DogWifHat (WIF) Steals the Show

Bitcoin is up over the week, having risen over 10% the past seven days. Its pricenow stands at $69,966, per CoinGecko—still below the nearly $74,000 all-time high it touched earlier this month.

But most of this week’s action has been focused elsewhere: in the world of meme coins and tokens.

Out of the top cryptocurrencies by market cap, one of the biggest winners of the week is Dogecoin. The ninth biggest digital asset is up nearly 45% in seven days and is now priced at $0.208.

It has only been beaten by Bitcoin Cash, the 15th biggest coin, which has shot up in value over the week by over 30% and by over 50% in 30 days.

In the fast-moving meme coin world, other tokens have surged. Most notably, Dogwifhat, which is this week’s best-performing cryptocy. The Solana-based token is up nearly 100% over the week and is priced at $4.52 as of writing.

It has been on a tear this week following the rise of major coins and tokens. Usually, when the likes of Bitcoin, Ethereum, and Solana rise, memes can ride on the back of them.

Another major meme, Shiba Inu, has also had a lot of luck this week: the Dogecoin-competitor has jumped over 1o% in value the past seven days, sitting at $0.00003 early Saturday.

Other memes comandeering the spotlight include Solana-based Bonk and Pepe, which are up 23% and 6%, respectively.

Major coins like Ethereum and Solana have also risen in price over the past week—albeit slightly. Ethereum is up by slightly over 4% and is now priced at $3,494.

Solana is up over 12% and is coming in at $196.23.

Terron Gold

Recent Posts

“Finding Satoshi” Documentary Suggests Hal Finney and Len Sassaman Co-Created Bitcoin

A new documentary is reigniting one of crypto’s biggest mysteries, claiming that Bitcoin creator Satoshi Nakamoto…

7 minutes ago

Candy Digital Announces Migration to Solana as NFT Platform Repositions for Long Term Growth

NFT platform Candy Digital has announced plans to migrate its digital collectibles ecosystem to the Solana blockchain, signaling…

5 hours ago

US Military Runs Bitcoin Node for National Security Testing, Admiral Tells Congress

The U.S. military has confirmed it is actively running a Bitcoin node as part of national security research, while…

6 hours ago

Over 90% of Web3 Games Failed After $15 Billion Boom as Players Never Showed Up

The Web3 gaming sector is facing a harsh reality check as new data reveals that more…

7 hours ago

Justin Sun Sues Trump Linked World Liberty Financial Over Frozen Crypto Assets

Justin Sun, founder of TRON, has filed a federal lawsuit against World Liberty Financial, a crypto venture…

9 hours ago

Tether Freezes $344 Million in USDT on Tron After Wallets Flagged by U.S. Authorities

Tether has frozen approximately $344 million in USDT on the Tron blockchain after the wallets were flagged by U.S. authorities, marking…

9 hours ago