On Wednesday, November 13, the meme coin Dogwifhat (WIF) spiked over 37% following the announcement of getting listed on the crypto exchange Coinbase.

The Solana (SOL) blockchain-based meme coin rallied to $4.21, the highest price Dogwifhat has seen since March after Coinbase added the token to its listing roadmap.

WIF reached its all-time high of $4.83 in March when bills took over the market. The crypto exchange listing news heated up the Dogwifhat market, making it join top meme coins Dogecoin and Pepe. The latter also gained considerably because of Coinbase listing and Robinhood.

In the meantime, DOGE crossed the $0.41 mark as Donald Trump named Vivek Ramaswamy and Elon Musk as the head of the Department of Government Efficiency (DOGE).

In the case of Dogwifhat meme coin the crypto exchange listing news reinstated the upward trend seen in April this year. At that time it was announced that the crypto exchange would support Dogwifhat perpetual futures on Coinbase Advanced and Coinbase International.

Yesterday's listing news was confirmed by a tweet from the Coinbase Chief Legal Officer, Paul Grewal who said that the crypto exchange has added the token to its roadmap amidst plans to list it.

This sparked bullish bets on WIF as any kind of Binance or Coinbase listing news triggers action. The meme coin’s open interest jumped over 40% to reach $729 million as its visibility increased.

On November 13, Dogwifhat reached a high of $4.14 which was 14% below its ATH.

As of November 14 morning, WIF was trading at $4.19, up nearly 40% in the last 24 hours with its market cap standing at $4.19 billion while the trading volume spiked by 134.13% to reach $3.94 billion.