The Solana meme coins Dogwifhat (WIF) and Cat in a Dogs World (MEW) experienced significant price increases recently. These tokens surged approximately 15% and 90%, respectively, after the announcement by OKX exchange to start spot trading for them.
The price rallies coincide with the overall positive trend in the crypto market and were further boosted by the news of a major listing on a well-known global exchange.
OKX Announces Spot Listings for MEW and WIF Tokens
OKX, a leading cryptocurrency exchange, revealed its plans for new spot listings, including MEW and WIF tokens. Deposits for both tokens commenced earlier, with spot trading for MEW starting at 8:00 AM UTC and WIF at 9:00 AM UTC today.
Trading pairs for WIF/USDT and MEW/USDT were listed on OKX and trading promptly began. Withdrawals for these tokens are scheduled to start on April 16 at 10:00 AM UTC.
New Spot Listing 📢 $MEW @Mewsworld and $WIF @dogwifcoin will be listed on #OKX!
▶ Deposits: OPEN 🟢
📈 $MEW Spot trading: 8:00 am Apr 15 (UTC)
📈 $WIF Spot trading: 9:00 am Apr 15 (UTC)More: https://t.co/zCnI8TDmnQ pic.twitter.com/OJffIqMGAt
— OKX (@okx) April 15, 2024
The announcement signals OKX’s support for Solana meme coins, generating optimism among traders and investors. Additionally, a significant purchase of MEW by a whale suggests further bullish momentum for these tokens.
As a result, both WIF and MEW prices surged significantly today, reinforcing a bullish sentiment in the market.
MEW Token Surges by 95.78%, WIF Gains 12%
As of the latest update, the Cat in Dogs World (MEW) token saw an impressive surge of 95.78% in the past 24 hours, reaching a trading price of $0.005617. Meanwhile, the Dogwifhat (WIF) token experienced a 12% increase, now trading at $3.03.
These substantial gains in both tokens are primarily attributed to the overall recovery seen in the broader cryptocurrency market. Additionally, the announcement of listings on OKX further contributed to the bullish momentum of these tokens.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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