OKX to List Solana-Based Meme Coins WIF and MEW

Leading offshore crypto exchange OKX is set to introduce two new meme coins for spot traders. In an announcement today, the company revealed plans to list dogwifhat (WIF) and cat in a dogs world (MEW) on its platform.

Trading Schedule and Withdrawal Policy for WIF and MEW on OKX Exchange

Trading for WIF will commence at 9 AM UTC, while MEW will be available for trading at 8 AM UTC. However, withdrawal options for these Solana-based meme coins will be accessible 24 hours after the listing, starting April 16, 2024, at 10 AM UTC.

OKX has initiated deposits for both tokens, ensuring trading starts promptly at the specified times. This move reflects the exchange's expanding digital asset offerings, though specifics regarding the policy shift remain undisclosed.

WIF vs. MEW: Exploring the Rise of Dog and Cat-themed Meme Coins

WIF, also known as "Dogwifhat," gained traction on other exchanges a few months ago amidst the rising popularity of meme coins. Featuring a playful dog in a hat, WIF surged nearly 30% following its listing on Binance last month.

MEW, on the other hand, challenges dog-centric meme coins with its unique cat-centric theme. Despite being a new token, MEW has swiftly climbed the ranks, becoming one of the top ten meme coins on CoinMarketCap.

MEW Rockets 97% After OKX Listing, WIF Sees Modest 13% Increase

Following news of its OKX listing, MEW witnessed a remarkable 97% surge, reaching $0.005558 with a market capitalization of $497 million and a 24-hour trading volume of $232 million. WIF experienced a more modest increase of over 13%, currently trading around $3.05.

OKX's decision to list WIF and MEW underscores the growing prominence of meme coins in the cryptocurrency market. However, whether these tokens will maintain their upward trajectory remains to be seen amidst market fluctuations.