Dogwifhat (WIF) price recently made headlines by skyrocketing by over 50% in the last few days, after being among the assets that were just listed on Coinbase.
According to Coinbase’s recent post on X, the WIF token is now available on the exchange’s main platform, and it can be accessed through its Android and iOS apps.
https://x.com/CoinbaseAssets/status/1856812061873045697
The listing is a huge thing for WIF, even though it is one of the largest meme coins by market cap. Since the announcement was made on November 13, the WIF price skyrocketed, leading the meme coin’s value up to the resistance at $4.
While dogwifhat failed to hit a new all-time high, which has been at $4.85 ever since March 31 of this year, it came quite close. The project was already seeing its value grow thanks to the post-election surge, but the listing really sent WIF soaring.
Unfortunately, the resistance at $4 rejected the project’s price after it spent 24 hours trying to breach it, but even after dropping to $3.61, which is where it sits at the time of writing, it is still 55% higher than a week ago.
CRYPTO ALL-STARS COULD BE THE NEXT MEME COIN TO GO BIG
Given the fact that Donald Trump, who was re-elected to be the next US president just last week, is pro-crypto, it is likely that Coinbase will double down on listing popular coins, which was something that it was very cautious about under the Biden Administration which allowed Gary Gensler, the SEC Chair, to crack down on crypto.
Will Crypto All-Stars Be The Next To Blow Up?
With WIF becoming a major hit thanks to the listing, new and upcoming projects that are currently still in ICO have seen their investors double down on their purchases. A new wave of optimism has brought many to the popular new project called Crypto All-Stars (STARS), which developed the industry’s first multi-chain staking smart contract.
Named MemeVault, the new smart contract lets users stake about a dozen major meme coins, plus its native token, STARS, resulting in 13 supported meme coins as of right now. The project intends to support even more of them after its native crypto goes live, which will turn it into the heart of meme coin staking.
At this time, you can stake your Dogecoin, Shiba Inu, Pepe, Turbo, Brett, Bonk, Coq Inu, Toshi The Cat, Milady, Mog Coin, Floki, and, as mentioned, its native STARS. The project also offers rather high staking rewards, currently at 435%, and given its popularity, it could be one of the next cryptos to list on Coinbase and other major exchanges, following its launch.
BUY STARS BEFORE IT STARTS SEEING MAJOR LISTINGS
So far, its presale raised over $3.84 million, while its token still sells for only $0.001568 apiece. You can buy it with ETH, USDT, BNB, DOGE, FLOKI, SHIN, PEPE, or credit/debit cards.