The post OKX Lists Two Solana-Based MemeCoins: WIF and MEW Hit the Spot appeared first on Coinpedia Fintech News
OKX, the second largest offshore exchange, has made waves in the crypto world by announcing the launch of meme coins WIF and MEW for spot trading. This move comes as a surprise, considering OKX’s recent shift in strategy towards listing a plethora of coins, though the exact reasons behind this change remain unclear.
Here’s the schedule for the listing of WIF and MEW
Deposits for WIF and MEW will open at 7:00 am UTC on April 15, 2024. MEW/USDT spot trading will kick off at 8:00 am UTC on April 15, 2024. WIF/USDT spot trading will follow suit at 9:00 am UTC on April 15, 2024. Withdrawals for both WIF and MEW will become available at 10:00 am UTC on April 16, 2024.Now, let’s delve into the meme coins themselves
WIF, affectionately known as “dogwifhat,” has captured the attention of crypto enthusiasts with its playful and humorous nature, featuring a dog donning a hat. Starting at a mere $0.004 in December 2023, WIF has seen an astonishing surge in value, currently trading at $4.38. Investors are bullish on DogWifHat, with analysts predicting a potential doubling in price to $10.
On the other hand, soon after the news of MEW listing in OKX, Mew started buzzing on social media. MEW, a freshly launched memecoin, is making waves by introducing cat-centric coins that challenge the dominance of dog-themed meme coins. The price of Cat in a Dogs World (MEW) recently experienced a sharp rebound, jumping from $0.00174 to $0.0050 within a short span. With over 200k holders, MEW is gaining momentum again, supported by increased trading volumes.
Overall, OKX’s decision to list WIF and MEW underscores the growing interest and diversity within the crypto space, particularly within the memecoin sector. Both tokens operate on the Solana blockchain, which is renowned for its high-speed transactions and efficiency.