Solana Meme Coin Reaches $4, Overtakes Pepe to Become 3rd Largest!

WIF, the star of the Solana network recently, with a market cap of 4 billion dollars, surpassed Pepe and became the 3rd largest meme coin.

WIF, which played a key role in the meme coin craze on the Solana network, surpassed $4, reaching a market cap of 4 billion dollars. Following this surge, it left behind the 3rd largest meme coin, Pepe, which had started another meme coin craze in 2023 and had become one of the fastest-rising coins.

Currently, the meme coin ranking is as follows; Dogecoin (DOGE), Shiba Inu (SHIB), WIF, and PEPE.

According to CoinGecko data at the time of writing, DOGE has a market cap of $31 billion, Shiba Inu $18.2 billion, WIF $3.7 billion, and PEPE $3.3 billion. Behind them, the meme coin that has been the showstopper of the year, FLOKI, stands out with a value of $2.39 billion.

The biggest whale for WIF so far, a wallet named “2Fcm,” purchased WIF in December 2023 at an average of $0.248 and made 1,440% profit, earning $134 million.

After reaching $4, WIF retraced slightly and is currently trading at $3.68.