Dogwifhat (WIF), a meme coin on the Solana blockchain, has had a bullish run in the last 24 hours. This trend seized market control after WIF found support at the intraday low of $3.17, and thanks to a surge of buying pressure, its price soared to an all-time high of $4.01 before encountering resistance.

This bullish momentum can be attributed to the recent announcement of a partnership with Telegram’s bot, Miss Rose. At the same time, investors’ demand has placed WIF ahead of PEPE as the third memecoin by market cap.

Dogwifhat’s Partnership with Miss Rose

Dogecoin’s recent collaboration with Miss Rose, the largest Telegram bot, is a huge milestone in the coin’s journey. Miss Rose is famous for an appearance in over 14 million chats and being able to perform a wide range of functions for over 600 million users. The integration of WIF with such a crucial platform is supposed to expand its presence and usage among the Telegram community.

BIG BREAKING

Woof! Big news for Dogwifhat $WIF !

Just partnered with Miss Rose, the biggest Telegram bot!

This could be HUGE for #WIF adoption and awareness. Miss $Rose reaches millions of users daily.

What do you think? Is this a #BULLISH sign for Dogwifhat?

It’s… pic.twitter.com/0TWILLZiZp

— YG crypto (@ygcrypto) March 29, 2024

This is viewed as a significant step in Dogwifhat’s search for more market reach using Miss Rose’s large user base and multi-language support to elevate the coin’s visibility and involvement.

Market Response and WIF’s Price Surge

The announcement of the partnership between Dogwifhat and Miss Rose has had an immediate and positive impact on WIF’s market performance. Moreover, at press time, WIF’s price surged by 15.38%, a testament to the market’s optimistic reception of this collaboration. 

The news of the collaboration between Dogwifhat and Miss Rose has had an instant impact on WIF’s market performance. In the first hours of the information, WIF surged by over 10%, illustrating the optimistic market reception of this partnership. With the price exchanging hands at $3.70 at press time and a 24-hour trading volume of $1,065,712,541, investor optimism is high.

Concurrently, the rise of Dogwifhat in the meme coin market has been incredible. Overcoming PEPE, as reported by Coingape, WIF is now the third largest meme coin, following only the Dogecoin (DOGE) and Shiba Inu (SHIB) giants. This, as a result, is an important landmark for Dogwifhat that demonstrates its increasing sway and attraction within the cryptocurrency world. 

Read Also: Dogecoin Developer Signals Alert Over BonkBot Trading Flaws

The post WIF Rallies 15% as Dogwifhat Teams Up with Telegram’s Bot Miss Rose appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am