Dogwifhat spikes 37% as Coinbase announces WIF listing

Dogwifhat is up more than 37% in the past 24 hours, with the price of the meme coin rising sharply following token listing news from crypto exchange Coinbase.

Coinbase announced on November 13 that it added Dogwifhat (WIF) to its listing roadmap. The announcement saw the price of the Solana (SOL) meme coin rise to $4.21; This is WIF’s highest price level since March, when the bulls hit an all-time high of $4.83.

This news excited the Dogwifhat market and saw WIF join Pepe (PEPE) and Dogecoin (DOGE) as the most popular meme coins of the day. As Crypto.news highlighted earlier in the day, Pepe price rose amid news of listings on Coinbase and Robinhood.

Meanwhile, DOGE surged above $0.41 as the ecosystem applauded US President-elect Donald Trump’s announcement that Elon Musk and Vivek Ramaswamy will head the Department of Government Efficiency efforts.

In WIF’s case, recent news from Coinbase has revived the upside potential that engulfed the token in April. This was the first time the US-based crypto exchange announced support for Dogwifhat perpetual futures on Coinbase International and Coinbase Advanced.

Coinbase chief legal officer Paul Grewal confirmed WIF was listed in a post on X. According to Grewal, the exchange added the meme coin to its roadmap amid plans to list it.

While investors are largely bullish on the listing of events, especially on leading exchanges such as Coinbase and Binance, the latest news about such an action for Dogwifhat has led to bullish bets. As the market awaits greater visibility and demand for the meme coin, WIF’s open interest has increased by more than 40% to over $729 million.

At press time, the token was trading at $4.14, approximately 14% below its all-time high.