Meme coins are once again gaining momentum as investors turn their attention to altcoins. Among the latest additions to this category, dogwifhat (WIF) stands out as a top gainer, with a significant increase in value.

WIF has surged by 43% in the last 24 hours, reaching a new all-time high of $3.23. With a market capitalization of $3.22 billion, WIF currently ranks as the 45th largest digital asset.

The daily trading volume of this Solana-based dog-themed token has seen a remarkable 104% increase, reaching $774 million.

On March 10, a key contributor to WIF’s advertising campaign, known as Ansem on X, announced that the campaign was fully funded. The team behind the WIF movement managed to raise over $690,000 in USDC to promote the meme coin on the Sphere in Las Vegas.

Additionally, Dogecoin (DOGE), the largest meme coin, saw an 8.35% increase in value over the past day, reaching $0.187. This surge followed a hint from Tesla’s CEO about enabling DOGE payments for purchasing Tesla’s electric vehicles.

Shiba Inu (SHIB) also experienced a 2.3% increase in value, trading at $0.000033, while Pepe (PEPE) recorded a 20% gain and briefly touched a new all-time high of $0.0000107.

FLOKI is nearing its all-time high of $0.00034, currently trading at $0.00029. The total market capitalization of meme coins has increased by 7.3% in the past 24 hours, reaching $65.5 billion, with a total 24-hour trading volume of $12 billion.

For more updates on the cryptocurrency market, stay tuned to Global Crypto News.

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