Key Points
- OKX, the second largest offshore exchange, announced the launch of memecoins WIF and MEW spot trading today.
- WIF and MEW deposits open today, April 15.
OKX has announced the decision to list WUF and MEW on their spot trading market. The official announcement includes important details regarding listing, trading, and withdrawals.
WIF and MEW deposits open today at 7:00 am UTC. MEW/USDT spot trading will open at 8:00 am UTC, while WIF/USDT spot trading will open at 9:00 am UTC.
The withdrawals for WIF and MEW will open tomorrow, April 16, at 10:00 am UTC.
https://twitter.com/okx/status/1779767888104005634
WIF, MEW prices surge in the past 24 hours
Ahead of the OKX listing, the prices for both memecoins surged significantly.
At the moment of writing this article, WIF is priced above $3, up by more than 12% on CoinMarketCap.
MEW also surged by over 85.69% in the past 24 hours, and the coin is trading at $0.005 on CoinMarketCap.
The team behind MEW project already announced that MEW is live on OKX:
https://twitter.com/MewsWorld/status/1779770908242223610
What is WIF?
Dogwifhat (WIF), a memecoin based on dog culture. It’s one of the newest coins in the market, and since its launch dating back in November 2023, the token was able to hit important achievements.
The project amassed a loyal community focused on bringing it to the moon. WIF investors managed to raise over $700,000 in a few days as part of its Las Vegas Sphere project.
Dogwifhat takes the Shiba Inu meme and injects it with a decentralized twist.
Unlike memecoins with central leadership, Dogwifhat’s ownership is distributed amongst its community, fostering a collaborative approach.
What is MEW?
MEW is another memecoin that’s built on Solana and it also managed to gain huge popularity in the crypto industry. The aim of the MEW token is reportedly to challenge the dominance of dog-themed memecoins by bringing in cat-centric narratives.
Since its launch, MEW managed to attract important attention in the crypto community as well.
Lately, memecoins have been in the spotlight a lot despite the risks that the tokens pose and the high price volatility that comes with them.
Solana is expected to get a fix for the implementation bug today, April 15.
Solana ecosystem faced issues regarding failed transactions and user mistrust, but devs have been working on a fix for the so-called implementation bug that caused the transaction failure on Solana.
