YEREVAN (CoinChapter.com) — Dogwifhat (WIF) has surged 2,380% so far in 2024, well behind top memecoin rivals such as Dogecoin (DOGE) and Pepe (PEPE). And now Michael Novogratz, CEO of US-based cryptocurrency investment firm Galaxy Investment Partners, confesses his ‘FOMO’ about Solana-based cryptocurrencies.
The American billionaire said he missed out on Dogwifhat’s huge rally, noting that he should have invested when the price was lower earlier this year.
“I wish I could say I did, but sadly I don’t.” Novogratz’s witty remark drew loud laughter from the audience. He then frankly admitted his hesitation, explaining that he could not get involved with Solana Mimcoin due to investigations by U.S. regulators.
“I’m afraid that if I tweet ‘God, I love Dogwifhat like Arthur Hayes,’ literally two days later I’ll be investigated by the CFTC.”
The statement was made at a conference held in Manhattan last week attended by cryptocurrency experts and executives from large companies such as BlackRock and Fidelity.
Novogratz’s Honest View on WIF: Revealing His Passion for Cryptocurrencies – Credible_Chr1s
Dogwifhat’s Rapid Rise: The New Meme Coin Champion?
Novogratz’s comments surprised everyone as Dogwifhat’s price skyrocketed. In just three months, WIF has surged 2,380%, from $0.07846 in late December to an all-time high of $4.47 today.
Dogwifehat (WIF) price chart. Source: CoinStats
Dogwifhat’s incredible rise has catapulted it to the third spot among meme cryptocurrencies, surpassing PEPE with a lead of over $1 billion. It is now hot on the heels of giants like Shiba Inu and Dogecoin, despite being $14 billion behind Shiba Inu.
The new craze of cryptocurrency
Fast forward to today, March 30, 2024, and the value of WIF has increased incredibly. This leap shows just how unpredictable and exciting investing in cryptocurrency can be. Dogwifhat now stands out among memecoins and reminds everyone of the importance of keeping up with the rapid changes in the market.
The meeting left people wondering if Bitcoin is still in the lead or if Dogwifhat is in control. Cryptocurrencies are changing more than just the way we handle money. They are driving technological innovation and community building. We are all eagerly waiting to see where this journey will take us.
