Dogwifhat (WIF), the meme coin inspired by the popular internet meme, has experienced a dramatic surge of more than 37% in the past 24 hours. The price spike came after Coinbase revealed on November 13 that it had added Dogwifhat (WIF) to its official listing roadmap.
Following the announcement, Dogwifhat’s price skyrocketed to highs of $4.21, marking its highest level since March when it reached an all-time high of $4.83. The listing news sent waves of excitement through the Dogwifhat community, reigniting interest in the meme coin and propelling it alongside other popular meme coins like Pepe (PEPE) and Dogecoin (DOGE) as some of the day’s most traded tokens.
Coinbase’s move to include Dogwifhat (WIF) on its platform follows a growing trend of listings for meme coins, which have garnered substantial attention from retail investors. Earlier in the day, Pepe’s price also surged due to Coinbase and Robinhood announcing support for the token.
Meanwhile, Dogecoin (DOGE) broke above the $0.41 mark as market sentiment was bolstered by Donald Trump’s victory in the U.S. presidential election, alongside the announcement that Elon Musk and Vivek Ramaswamy would lead the new Department of Government Efficiency.
Coinbase Listing Sparks Bullish Sentiment for Dogwifhat
For Dogwifhat, Coinbase’s latest listing announcement is a critical development. This follows previous news in April, when Coinbase first revealed support for Dogwifhat perpetual futures on both Coinbase International and Coinbase Advanced. This earlier move helped lay the groundwork for Dogwifhat’s momentum, but the latest listing of WIF as a fully supported token on Coinbase has taken the coin’s potential to a new level.
The positive news from Coinbase has not only led to a surge in WIF’s price but also spurred significant interest from traders. The open interest for Dogwifhat futures has surged by more than 40%, reaching over $729 million, as traders bet on increased demand and greater visibility for the coin once it becomes available for direct trading on one of the world’s largest exchanges.
What’s Next for Dogwifhat (WIF)?
As of writing, WIF was trading at $4.14, which is approximately 14% below its all-time high of $4.83. However, many in the market are optimistic that the coin could regain its peak value—and possibly surpass it—given the increased attention following the Coinbase listing.
Given the growing momentum for meme coins like Pepe, Dogecoin, and now Dogwifhat, the latest listing developments signal that WIF may continue to attract substantial interest. The token is now poised for higher visibility and greater demand, making it one of the top meme coins to watch in the coming days.