Dogecoin-Inspired Memecoin Spikes 8% On Monday Morning: What's Going On?

Aniket Verma

May 26, 2025

Dogwifhat (CRYPTO: WIF) was one of the cryptocurrency market's biggest gainers early Monday morning, surpassing the more popular dog-themed coins in the process.

What happened: The Solana (CRYPTO: SOL)-based token jumped over 8% in the last 24 hours, becoming the most successful meme coin with a market valuation of more than $1 billion. The coin’s trading volume rose 11% to $464 million.

WIF's surge outperformed leading meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which rose 3.87% and 2.28%, respectively, in the last 24 hours.

See Also: From Warren Buffett’s Berkshire Hathaway To Jeff Bezos’ Amazon -- Bitcoin Is Now Outshining These Wall Street Titans

Speculative interest in the coin rose, with Open Interest jumping 4.33% to $470 million in the last 24 hours, per Coinglass. Nearly 70% of all Binance traders with open WIF positions were positioned long as of this writing.

Meanwhile, moving averages, both exponential and simple, flashed "Buy" signals for DOGE as of this writing, according to TradingView. Conversely, the Moving Average Convergence Divergence momentum indicator, which compares two exponential moving averages of price, exhibited a bearish “Sell” signal.

WIF’s spike was part of the broader market recovery after President Donald Trump delayed tariffs on European Union imports by over a month.

Launched in November 2023, Dogwifhat is represented by a Shiba Inu dog wearing a pink knitted hat. The Shiba Inu theme has been deeply rooted in the meme coin space since Dogecoin’s launch.

Price Action: At the time of writing, WIF was exchanging hands at $1.26, up 46.74% in the last 24 hours, according to data from Benzinga Pro. Year-to-date, the coin has lost over 38% of its value.

Read Next:

Jamie Dimon Is No Fan Of Bitcoin, But Trump’s Crypto Czar Made An Attempt To Change the JPMorgan CEO’s Mind Using This Narrative

Image Via Shutterstock

Recommended

Thinking Of Buying Gold? Consider This ... - Ad

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

The Most Important "AI Stock" You've Never Heard Of - Ad

Ivanka Trump made an unexpected visit to the Philadelphia Eagles locker room on Friday. The visit seemed to be aimed at meeting cornerback Eli Ricks, who had previously complimented her.

Elon Musk's Ex-Wife Spills the Truth About Becoming a Billionaire

Justine Musk, the first wife of billionaire Elon Musk, offered her unique perspective on the journey to becoming a billionaire.

Advisor: Trump Could Trigger Greatest Windfall in U.S. History

Advisor: Trump Could Trigger Greatest Windfall in U.S. History - Ad

Trump's next move could cement his legacy--and trigger a historic wealth boom. Ex-presidential advisor Jim Rickards reveals how it could hand millions a shot at true financial freedom. Watch the urgent interview while it's still free.

Social Security Full Retirement Age Shift Could See Your Check Chopped By 30% — What Everyone Born In 1960 Or Later Must Know

Retirement age for full Social Security benefits will be 67 in 2025, but claiming early will result in lower checks. Here's what everyone needs to know.

In Spain, a homelessness crisis unfolds in Madrid's airport

MADRID (AP) — Every morning at 6 a.m., Teresa sets out in search of work, a shower and a bit of exercise before she returns home. For around six months, that has been Terminal 4 of .

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold - Ad

Buffett's favorite market signal just hit its highest level in history-stocks are more overvalued than 1929. He's sitting on $325B in cash... and may be about to buy one overlooked gold miner. I've identified it-plus 4 others with up to 100X potential.

Cathie Wood Just Spent $8.4 Million On This Top Chip Stock (And It's Not NVIDIA)

Ark Invest acquired $8.4 million worth of TSMC shares on Tuesday, May 20, 2025, reflecting confidence in the company's future potential. Other key trades included selling UiPath and buying Nextdoor and Blade Air Mobility.

SCHD: The Dividend ETF Turning Quiet Compounding Into Long-Term Wealth

Dividend growth investing may not be flashy, but it quietly creates lasting wealth for retirement. SCHD is a standout among dividend ETFs.

Elon Musk Drops Stunning Bombshell?

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

FDA OKs first blood test that can help diagnose Alzheimer's disease

WASHINGTON (AP) — U.S. health officials on Friday endorsed the first and identify patients who may that can modestly slow the memory-destroying disease.

Unitedhealth, Snowflake, Navitas, Nike, And Target: Why These 5 Stocks Are On Investors' Radars Today

UNH, SNOW, NVTS, NKE, TGT were among the stocks seen trending on Wednesday, May 21, 2025.

Brace Yourself for Jeff Bezos' "Amazon Helios"

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Appeals court allows Trump’s anti-union order to take effect

WASHINGTON (AP) — An appeals court has cleared the way for President Donald Trump's executive order aimed at ending collective bargaining rights for hundreds of thousands of federal employees while a lawsuit plays out.

Stocks, Bitcoin Fall On Trump's Tariff Threats, Gold Rallies: What's Driving Markets Friday?

Wall Street stumbled midday Friday, shaken by a fresh wave of trade war fears after President Donald Trump proposed aggressive new tariffs on Apple Inc. (NASDAQ:AAPL)

The Next Big Thing in AI: Musk's Secret Supplier

The Next Big Thing in AI: Musk's Secret Supplier - Ad

Nvidia soared 500% in the first AI wave. Now, Elon Musk's xAI is igniting the second. With Trump's backing and policy shifts, xAI is poised to dominate generative AI. One small company behind its tech could explode in value-this may be your second chance to ride the AI boom.

House Republicans unveil Medicaid cuts that Democrats warn will leave millions without care

WASHINGTON (AP) — House Republicans have unveiled the cost-saving centerpiece of President Donald Trump's at least $880 billion in cuts largely to Medicaid to help cover the cost of $4.5 trillion in tax breaks.

Britain's biggest water firm hit with record fine over sewage and dividends

LONDON (AP) — Britain’s biggest water company was fined almost 123 million pounds ($166 million) on Wednesday for while paying dividends to its shareholders.

Revealed: Palm Beach Millionaire's Warning About "The Great Replacement"

Revealed: Palm Beach Millionaire's Warning About "The Great Replacement" - Ad

A Wall Street veteran with a four-decade track record has issued a disturbing warning from his estate near Mar-a-Lago. He warns of an economic restructuring that will eliminate traditional career paths while creating unprecedented wealth opportunities.

Trump signs executive orders to boost nuclear power, speed up approvals

WASHINGTON (AP) — President Donald Trump signed executive orders Friday intended to quadruple domestic production of nuclear power within the next 25 years, a goal experts say the United States is highly unlikely to reach.

As Tesla Stock Witnesses Nearly 45% Surge In One Month, Elon Musk Asks Minnesota Governor Tim Walz, 'How's Your Day Bro?'

Elon Musk took a public jab at Minnesota Governor Tim Walz after Tesla stock surged nearly 45% in a month, clapping back at earlier criticism with a pointed post on X.

The Cross-Chain Giant Set for 1,000%+ Gains

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

Asian shares slide and US futures and dollar drop after Wall Street's winning week

HONG KONG (AP) — Asian shares fell Monday and U.S. futures and the dollar weakened after the sovereign credit rating for the United States because of its failure to stem a rising tide of debt.

Elon Musk's PAC Promised $100 Per Signature—Now It's Facing a Lawsuit

Elon Musk is facing a lawsuit filed by three swing state voters. The plaintiffs allege that Musk failed to fulfill his promise of payment for signing a petition from his political action committee, America PAC.

Crypto Genius: These 5 Altcoins Could Crush Bitcoin in 2025

Crypto Genius: These 5 Altcoins Could Crush Bitcoin in 2025 - Ad

On June 30th, two powerful "Wealth Drivers" ignite what could be a 2025 super bull run-backed by Trump. One investmentThe altcoin market as a whole has already soared 132,721% over the past ten years and could surge again. A $900 stake could turn into $108K over 12 months. This is The Great Gain of 2025.

Fortnite Storms Back To iPhones After 5‑Year Ban As Court Ruling Undercuts Apple's 30% App‑Store Toll

Epic Games' popular battle royale game "Fortnite" has returned to Apple Inc.'s App Store in the United States after a nearly five-year absence, marking a significant shift in the mobile app ecosystem following a federal court ruling against Apple's payment practices.

China's economy slows in April as trade war blues hit retail sales, housing and investment

China’s economy showed signs of slowing in April as President Donald Trump's took a toll, with retail sales, property and investment coming in weaker than economists had forecast.

Trump Backing this A.I. Energy Stock??

Trump Backing this A.I. Energy Stock?? - Ad

It wasn't a speech or campaign ad - but Trump just launched a $1 trillion energy and A.I. deal linking U.S. tech and Saudi oil. One under-the-radar energy stock could soar from it. With $3B in income, an A.I. partner, and Trump's backing, this may be the ultimate A.I. energy play.

Hewlett Packard, Nvidia Deepen Collaboration On AI Factory Solutions

Hewlett Packard Enterprise enhances NVIDIA AI Computing solutions for full AI lifecycle, with new compute and software offerings and simplified hybrid IT.

Fake Books, Real Deception: How AI-Generated Summer Reading List Fooled Google, Readers

A summer reading list published in a newspaper included fake book titles that fooled readers and Google.

Nvidia Is About to Shock the World: July 23rd

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Voice of America Purge? Trump-Appointed Chief Fires 600; Reporters With J-1 Visa Face Deportation

Nearly 600 VOA staffers, including J-1 visa holders, face termination under Trump-appointed leadership, sparking legal and editorial backlash.

Navigator Gas CEO Highlights Growth Strategy, Fleet Renewal, And Shareholder Returns

In a recent Capital Link Trending News webinar, the CEO of Navigator Gas (NYSE:NVGS), Mads Peter Zacho discussed the company's first-quarter 2025 financial performance, strategic priorities, and outlook for the petrochemical gas shipping markets.

Wall Street Says BUY GOLD, But...

Wall Street Says BUY GOLD, But... - Ad

While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.

Brazil's JBS asks shareholders to overlook opposition and approve a US stock listing

Making meat is a messy business. But for Brazilian meat giant JBS, getting approval to on the New York Stock Exchange has been even messier.

Dogecoin Up 47% In One Month: How Much Higher Can It Go?

Dogecoin's (CRYPTO: DOGE) price rally is supported by key metrics, creating a clean trading pattern, according to prominent analysts.

Elon's Greatest Invention... Hidden in South Memphis?

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Chuck Schumer Blasts Trump For Backing AI Chip Sales To Saudi Arabia, UAE: 'This Deal Could Very Well Be Dangerous'

Senator Chuck Schumer warned that Trump-backed AI chip deals with Saudi Arabia and the UAE could risk U.S. tech secrets falling into China's hands, undermining national security and export restrictions.

Jury convicts New York-Paris flight stowaway who slipped past gate agents

NEW YORK (AP) — A jury on Thursday convicted a woman who sneaked onto a flight from New York to Paris without a boarding pass by slipping past security and airline gate agents at John F. Kennedy International Airport last year.

This "Boring" Beer Stock Is Crushing It in 2025 (Time to Buy?)

This "Boring" Beer Stock Is Crushing It in 2025 (Time to Buy?) - Ad

Anheuser-Busch InBev (BUD) is one of the best-performing large-cap stocks in 2025. Time to buy? Only if you like leaving money on the table. Because there's a much smarter way you could make even more money on BUD starting today.

Business News Digest

AP Business Digest

Trending Now