WIF Price Explodes: Meme Coin Soars with $445M Open Interest Surge

The WIF price has experienced a significant surge, reaching $1.24 by May 12, 2025, fueled by a remarkable increase in open interest to $445 million. This rise is largely driven by speculative activity and community engagement, reminiscent of past meme coin trends like Dogecoin and Pepe Coin. Notably, the WIF surge has not received official endorsement from industry figures or project leaders, highlighting its reliance on community-driven speculation.