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Upbit Lists Dogwifhat on South Korean Won, Bitcoin and Tether Markets

South Korea’s largest cryptocurrency exchange said Dogwifhat, a Solana-based memecoin, will be available for trading against KRW, BTC and USDT.

Summary

Upbit, South Korea’s largest cryptocurrency exchange, announced the listing of Dogwifhat (WIF) across its KRW, BTC and USDT markets. Dogwifhat is a Solana-based memecoin inspired by a viral image of a Shiba Inu wearing a pink knitted hat. The listing expands market access for WIF on one of South Korea’s biggest digital asset trading platforms, adding fiat and crypto trading pairs for the token.

Terms & Concepts
  • Memecoin: A cryptocurrency whose branding and popularity are driven largely by internet culture, memes, and online communities rather than a core utility focus.
  • Solana: A blockchain network designed for high-speed, low-cost transactions and widely used for tokens, decentralized apps, and trading activity.
  • USDT: Tether’s U.S. dollar-pegged stablecoin, commonly used as a trading pair and liquidity instrument across crypto exchanges.