• Meme Coin Surge: Solana-based meme coin Dogwifhat (WIF) su | Bitcoin & Crypto Trading

• Meme Coin Surge: Solana-based meme coin Dogwifhat (WIF) surged, becoming the third-largest meme coin by market capitalization.
• Record Bets on DOGE: Futures tracking Dogecoin (DOGE) reached a record $2 billion, indicating high expectations for future price volatility.
• Market Overview: Bitcoin (BTC) traded around $70,000 with little change, while other major cryptocurrencies like Ether (ETH), Solana (SOL), and Cardano (ADA) saw minor fluctuations.
• Meme Coin Category Growth: The meme coin category overall surged 8%, outperforming other niches like decentralized finance (DeFi) and exchange tokens.
• Dog-Themed Tokens: Alongside WIF, other dog-themed tokens like Floki (FLOKI) also saw increases, riding on the popularity of Dogecoin.
• Potential Pullback Warning: Some trading firms warned of a possible pullback in recent gains, citing signs of exhaustion in the price action of Bitcoin and Ether.

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