Boom! This Solana Memecoin Explodes 227,000%!

<p>&nbsp;"It's not ordinary, whoever buys when the price is low must make a lot of profit, right?"</p><p><br /></p><p>Dogwifhat (WIF) which is the latest memecoin of Solana (SOL) recorded massive gains as its price finally managed to hit a new all-time high of $0.45 on January 18, 2024.</p><p><br /></p><p>WIF launched in November 2023 before seeing its first big change in December which marked a 227,000% climb while its trading volume recorded nearly $65 million.</p><p><br /></p><p>It should be noted that today's SOL price rally which reached back to $101 after staying down from recent highs of almost $124 on Christmas Day may be the reason why WIF also surged higher.</p><p><br /></p><p><br /></p><p>The move on SOL comes a day after Solana Labs revealed its plans to release a second smartphone called “Chapter 2” in 2025 that may implement more modest hardware and power.</p><p><br /></p><p>However, BONK which soared to new highs in December last year and helped generate sales for the Saga smartphone did not benefit from the WIF rally as its price fell 4% over the past day at $0.00001353.</p><p><br /></p><p>This is because the entire crypto market fell about 1% in the last day with BTC and ETH down 2% at $42,600 and $2,535 respectively.</p><p><br /></p><p>As of this writing, WIF price has surged by 23.66% at $0.42 in the last 24 hours with a market capitalization of $423 million and a 138.16% increase over the last week.</p>