Dogwifhat Rallies 37% After Coinbase Listing Announcement

Dogwifhat (WIF) surged 37% within the past 24 hours as Coinbase announced plans to list the meme-inspired cryptocurrency. Following the crypto exchange’s statement on November 13, Dogwifhat spiked to a high of $4.21—its highest level since March, when it previously reached an all-time high of $4.83.

The announcement places Dogwifhat alongside prominent meme coins like Pepe (PEPE) and Dogecoin (DOGE), which have also seen price gains. Pepe notably rose as a result of Coinbase and Robinhood listings, while Dogecoin briefly exceeded $0.41 amid news of Donald Trump’s recent endorsement of Elon Musk and Vivek Ramaswamy for a government efficiency initiative.

In April, Dogwifhat gained significant market attention when Coinbase initially introduced perpetual futures for the token on its International and Advanced platforms. This latest move marks Coinbase’s inclusion of Dogwifhat on its listing roadmap, signaling a new phase of potential mainstream acceptance. Paul Grewal, Coinbase’s chief legal officer, confirmed the addition in a post on X, highlighting the exchange’s plans for Dogwifhat amid ongoing developments.

The listing news has spurred optimism among investors, with open interest in Dogwifhat’s futures rising by over 40%, now topping $729 million. Analysts believe increased visibility on major platforms like Coinbase and Binance could further support Dogwifhat’s growth trajectory. At the time of writing, Dogwifhat was trading at $4.14, approximately 14% below its record high.

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