Solana’s Dogwifhat (WIF) Skyrockets 1300% And Claims Forbes’ Best-Performing Crypto Title

Solana-based meme coin Dogwifhat (WIF) has taken the cryptocurrency market by storm, becoming the best-performing asset in the first half of the year.

Dogwifhat Leads the Pack

According to Forbes, Dogwifhat has emerged as the leading performer among coins with market caps over $1 billion, recording a 1,300% gain since December 2023. Close behind are Pepe (PEPE) with 800% gains, Floki Inu (FLOKI) with 418%, and Shiba Inu (SHIB) with 67%.

Beyond Meme Coins

While meme coins dominate the spotlight, several tokens outside this realm have also outperformed Bitcoin. ETH, the token of the Ethereum network, is up 51%. Binance Coin (BNB) has surged 81%, despite regulatory challenges faced by CEO Changpeng Zhao.

Meme Coin Bonanza

WIF has become the star performer with a 1,306% increase. Its market cap has also recovered to $2.1 billion, securing its place among the top 100 cryptocurrencies. Pepe follows with a market cap of $5 billion, while Dogecoin (DOGE) and SHIB remain the largest meme coins with market caps of $17 billion and $10 billion, respectively.

Other coins, such as Artificial Superintelligence Alliance, have also outperformed Bitcoin, surging 545% to a market cap of $3.6 billion. Floki has experienced a 392% growth to a market cap of $1.6 billion.

At the time of writing, WIF continues to rally and is trading at $1.899, up over 14% in the last 24 hours. However, it remains 60% below its all-time high of $4.83, set in March 2024.