The meme coin market experienced a significant sell-off, affecting various coins including DogWifHat ($WIF), a popular Solana-based token. Data indicates that $WIF's value plummeted by more than 11% within a 24-hour span.
This decline in $WIF aligns with broader market trends impacting meme coins and could signal challenges for similar cryptocurrencies.
Source: cryptonews.com ↗