Dogwifhat: (WIFUSD)
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Dogwifhat (WIF) is a meme coin based on the popular Shiba Inu dog meme. What makes it different is its distinctive pink knit hat and the fact that it runs on the Solana blockchain network.
There are just below 999 million tokens available. True to its status as a meme coin, DOGWIFHAT doesn't offer functional utilities such as staking rewards or token burning that would otherwise impact its value. The lack of these features highlights its nature as a community-oriented project, where value is determined by speculative interest and collective sentiment rather than underlying utility.
Trading opportunities
Trading start date: 19 December 2023
Average daily volatility: 10.3%
Average daily volume: approximately $707 million
How to buy and sell Dogwifhat
You can buy and sell the Dogwifhat token on specialised cryptocurrency exchanges. Alternatively, you can trade CFDs on the Dogwifhat token through a CFD broker or trading platform such as MetaTrader or Libertex where you can use leverage and trade even if the value of the asset declines.