Dogwifhat spikes 37% as Coinbase announces WIF listing

Dogwifhat Surges Over 37% in 24 Hours

Dogwifhat (WIF) has experienced a significant surge in price, rising over 37% in the past 24 hours. This upward trend follows the announcement of its upcoming listing on crypto exchange Coinbase.

On November 13, Coinbase revealed that it would add WIF to its listing roadmap. This news has sparked excitement within the Dogwifhat community, with WIF's price climbing to $4.21, its highest level since March.

The announcement has also boosted the WIF market, placing it alongside Pepe (PEPE) and Dogecoin (DOGE) as the day's top-performing meme coins.

Meanwhile, DOGE has exceeded $0.41 as the crypto community celebrates U.S. president-elect Donald Trump's appointment of Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency.

For WIF, Coinbase's recent announcement has reignited optimism that emerged in April when the exchange first announced support for Dogwifhat perpetual futures.

Coinbase Chief Legal Officer Paul Grewal confirmed the listing of WIF on X, stating that the exchange intends to add the meme coin to its roadmap.

Anticipating increased visibility and demand, traders have placed bullish bets on Dogwifhat. The token's open interest has increased by over 40% to over $729 million.

At the time of writing, WIF is trading at $4.14, approximately 14% below its all-time high.