dogwifhat vs. BONK: Which Meme Coin You Should Invest In?

Meme coins cover a good portion of the total crypto market cap and have always made their way to an investor’s portfolio. Thanks to low cost and high quantity, meme coins are the most preferred investment option for beginners. That is why it is essential to choose the best choice, as there are hundreds of options to choose from. Today’s fight comes to dogwifhat vs. BONK, and what should be your preference between these two? 

In this blog, let us discuss the dogwifhat and BONK meme coins and declare the king of dogwifhat vs. BONK war. 

dogwifhat vs. BONK: Who’s Dominating The Crypto Meme Market?

dogwifhat is one of the best meme coins because of its impressive performances in the last few months. It is among the newer meme coins, launched in November of 2023, and from that time, the price had surged by 1800%.

Dogwifhat has a native token called WIF, currently trading at $3.16, with a slight decline from yesterday. But that’s just a minor fall for this coin, as it’s been continuously bullish for days. 

Compared to other meme coins, it has a small total supply of 998,920,173, and all the tokens are in circulation right now. It is the reason behind dogwifhat’s higher price in the market.

As of now, the market cap of the token is $3,168,696,015, putting it at the 44th position on CoinmarketCap. Also, the trading volume is $734,560,844, making it a well-performing meme coin today. 

Also Read: Floki Inu vs BOME: Which Meme Coin Should You Invest In?

Talking of BONK, it’s trading at $0.00002582 after a minor dip from yesterday. BONK has gained an immense hike in the last few months and is on the best surge of its entire price history. BONK’s market cap is at $1,682,533,519, with a trading volume of $279,190,804. Compared to the dogwifhat, BONK’s total supply is much higher as it is 65,191,332,386,576, and only 70% of that is in circulation.

BONK price is facing a few volatility issues, leading to many fluctuations. Earlier, the price rose to its ATH of $0.00004704, before initiating a days-long fall. 

Where To Invest dogwifhat or BONK?

As dogwifhat is moving around its best value, BONK is heading far from it with some peaks here and there. Both the meme coins have shown incredible performance this month, and with the bullish trend, there are possibilities of seeing a much better result. It also needs to be considered that being a meme coin, both are prone to high volatility issues where the trends die, and meme coins lose their values. 

Presently, dogwifhat has projected a better performance than BONK and gets the win dogwifhat vs. BONK fight. WIF is comparatively newer than BONK, which is helping in lifting its value.  

Also Read: Should Meme Coins Be Part of Your Investment Portfolio in 2024?

It needs to understand that the data and results might change over time, and the investor needs to run their own technical analysis and research projects to choose the best.

Final Thoughts

In the hearts of meme lovers, dogwifhat and BONK have a place right now because of their recent peaks. As the trends die and new meme coins get pitched almost every day, predicting the future of meme coins is challenging. With that, the dogwifhat vs. BONK fight comes to an end with both of the coins being suitable for investment opportunities. 

Read more Will SEC Approve Ethereum ETF By May? Chances Declined To 25%

The post dogwifhat vs. BONK: Which Meme Coin You Should Invest In? appeared first on CoinGape.