OKX, a major cryptocurrency exchange, recently listed popular Solana memecoins Dogwifhat and Cat in a Dogs World, deviating from its regular listing pattern. This move allows users to deposit Dogwifhat (WIF) and Cat in a Dogs World (MEW) on the exchange, with trading available in Tether (USDT) pairs. Withdrawals for both memecoins are scheduled to open on April 16.

Dogwifhat and Cat in a Dogs World

Dogwifhat, inspired by a dog named Achi, has quickly become one of the biggest memecoins in Solana’s ecosystem. WIF reached a market cap of over $4 billion earlier this year, but saw a dip in value following a market correction. MEW, on the other hand, experienced a 51% surge in value after being listed on OKX, trading at a $444 million market cap.

OKX Listing Strategy

OKX’s decision to list WIF and MEW may signal a shift in its typical listing policy. Previously, the exchange followed a specific strategy and did not accept pitches for listing. However, the listing of these memecoins has sparked speculation among users about the reasons behind this pivot.

Some users believe that the exchange is adapting to the current bull market environment to maximize revenues. Additionally, OKX’s focus on U.S. compliance efforts could be a driving factor behind the listing of these memecoins, as regulators in the U.S. have been closely monitoring the cryptocurrency space.

Overall, the listing of Dogwifhat and Cat in a Dogs World on OKX provides users with more trading options and showcases the exchange’s willingness to explore new opportunities in the cryptocurrency market.

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