Dogwifhat's Surge Amidst Meme Coin Rally; PEPE, FLOKI Also Gain Double Digits

Dogwifhat, a meme coin inspired by the Shiba Inu dog, has surged over 58% in the past week and 3.8% on Saturday, reaching an all-time high near $4.83. With a market cap of $4 billion, it ranks third among meme coins. The surge is attributed to speculation about Dogecoin's integration into a payments service on X and Dogwifhat's decentralized governance, empowering token holders to influence the project's direction. Meanwhile, Dogecoin itself has also seen gains of 16.1% this week. Other meme coins like Pepe and Floki have also recorded double-digit increases, driven by market optimism and key developments in the cryptocurrency sector.