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WIF is up 163% in a week, while other memecoins on the Solana network have fallen in price

Altcoins: WIF is up 163% in a week, while other memecoins on the Solana network have fallen in price

Since January 13, 2024, the WIF token has experienced an amazing 163.4% surge, according to data from TradingView.

The opposite trend seen among other popular memcoins on the #Solana network is particularly noteworthy, as they continue to decline.

Currently, the WIF token is trading at around $0.448. However, it is important to emphasize that the price of WIF has now reached a value of $0.53:

WIF is up 163% in a week, while other memecoins on the Solana network have fallen in price
WIF to USDT exchange rate on the CoinEx crypto exchange. Source: TradingView

The sudden jump in the value of this memcoin can be attributed to the recent publication of the famous investment firm #Franklin Templeton, which made a prominent mention of the token:

Interestingly, the company's press office later published another message emphasizing that speculation in the cryptosphere should be seen as a positive rather than a negative.

Meanwhile, the rates of other popular memcoins on the Solana network are expected to continue their downward trajectory. For example, the #BONK rate fell significantly by 20.7% over the week, while the #SAMO rate fell by 25.6%.

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