On April 15, 2023, the meme coins Dogewifhat (WIF) and Cat in a Dog’s World (MEW) from the Solana blockchain experienced significant price increases in the crypto market. Dogewifhat saw a rise of around 15%, while Cat in a Dog’s World surged nearly 90%. These unexpected price jumps coincided with the overall upward trend in the cryptocurrency sector. Additionally, a major listing announcement from a well-known global cryptocurrency exchange added fuel to their bullish momentum.
OKX Announces Spot Trading For MEW & WIF
Significantly, OKX revealed today that it has added new coins, MEW and WIF, to its exchange, allowing deposits earlier and initiating spot trading at 8:00 AM UTC for MEW and 9:00 AM UTC for WIF. (According to the statement from OKX.)
At the same time, OKX began trading for the pairs WIF/USDT and MEW/USDT. However, withdrawals for these pairs will only be available as of April 16, starting at 10:00 AM UTC.
In this account, a major cryptocurrency exchange announced its intention to back the mentioned Solana meme coins, causing excitement amongst traders and investors in the crypto market.
New Spot Listing $MEW @Mewsworld and $WIF @dogwifcoin will be listed on #OKX!
Deposits: OPEN $MEW Spot trading: 8:00 am Apr 15 (UTC) $WIF Spot trading: 9:00 am Apr 15 (UTC)
— OKX (@okx) April 15, 2024
During this period, CoinGape Media previously highlighted a large investor purchasing massive amounts of MEW. This purchase, along with the upcoming listing announcement, indicates that the price of Solana meme coins could experience a significant surge. Several positive factors are already fueling their price increases.
Afterward, the prices of WIF and MEW skyrocketed significantly today, making a strong case for optimism in the market.
WIF and MEW Prices Rally
At present, the MEW token for the Cat in Dogs World has experienced a remarkable increase of 95.78% over the previous 24 hours and is now being traded at $0.005617. On the other hand, the WIF token from Dogwifhat has seen a growth of 12% during the same timeframe and is currently valued at $3.03.
The increase in the price of the mentioned tokens is mainly due to the wider crypto market showing signs of improvement and OKX’s announcement of listing them.
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2024-04-15 13:17