The largest holder of WIF has made an unrealized profit of over $127 million on the memecoin based on Solana. Dogwifhat (WIF), a memecoin on Solana, has become the third-largest memetoken by market capitalization on March 29, surpassing Pepe (PEPE) token.

The price of Dogwifhat reached $4.64 on March 30, hitting a new all-time high before dropping to $4.32 by 2:00 pm (UTC). After an 87% weekly rally, Dogwifhat now holds a market cap of $4.3 billion, making it the third-largest memecoin, surpassing Pepe token's $3.4 billion. This places WIF as the 31st largest cryptocurrency overall.