Dogwifhat Price Prediction: WIF Flips PEPE To Become The 3rd-Largest Meme Coin After 100% Weekly Surge As This New Solana Launch Explodes

The Dogwifhat price surged 14% in the last 24 hours to trade at $4.29 as of 11:18 p.m. EST on trading volume that rose 3% to $992 million.

The leap has enabled Dogwifhat to surpass Pepe (PEPE) to become the third-largest meme coin by market capitalization. WIF is up by 100% in the last 7 days to rank as the world’s 29th-largest crypto..

top meme tokens by market capitalization

Dogwifhat Price Set For A Bullish Rally Over The Bullish Pennant

Dogwifhat Price Chart Analysis Source: Geckoterminal.com
WIFUSD Chart Analysis Source: Geckoterminal.com

The price of Dogwifhat has experienced an exponential rally throughout March, catapulting to a new all-time high (ATH) of $4.45.  WIF bulls have remained resilient, recording new highs every period and recording a 475% increase in the last 30 days.

Presently, WIF is trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the robust bullish momentum driving the market upwards.

Furthermore, the Relative Strength Index (RSI) is currently ascending within the 70-overbought region, registering at 71. This suggests a significant influx of buying activity and sustained investor confidence.

Adding to the bullish sentiment, the Moving Average Convergence Divergence (MACD) indicates a bullish trend, with the blue moving average line crossing above the orange signal line, signaling a bullish crossover. Such crossovers often act as an encouragement for the bulls to add to their buys, which may result in the price surging even more.

The rising positive momentum is evident as the green bars on the histogram extend over the neutral line.

Dogwifhat Price Prediction

The Dogwifhat price Analysis shows a bullish stance to the upside, as the WIF price trades within the upper boundary of the bullish pennant, aiming for a new ATH at $5.5.

The leading indicators, including the MACD and the RSI, offer bullish prospects for optimistic investors to add to their buys, which may result in the price soaring.

However, the RSI crossing over the overbought region may indicate an incoming price correction as a result of the bears booking profits. In such a scenario, the bears would drive the price down through a retrace back to the lower boundary of the pennant at $2.94, which coincides with the 50-day SMA.

Meanwhile, as the WIF price surges, investors are flocking to Slothana, a new Solana meme coin sensation that aims to become the next SLERF (SLERF) or Book of Meme (BOME).

Buy $SLOTH – Best Opportunity For 100X Gains

Crypto analyst and YouTuber ClayBro says that the $SLOTH price may surge 100X on launch.

Slothana Rockets Towards $4 Million: A Promising Alternative

Slothana (SLOTH) has raised an astonishing $3.77 million in just five days. This new kid on the block comes in the form of an office sloth.

The project, positioned as the next big viral meme token on the Solana blockchain, aimed to create the same excitement seen with other Solana meme coins like $SLERF, $BOME, $PUMP, and $PUNDU, and it’s doing exactly that. 

These coins introduced a new way of launching on Solana, skipping traditional price stages and timers for presales where people send $SOL to a token address.

The purchased coins are then airdropped to the sender’s wallet.

There is also a handy widget on the Slothana website that accepts SOL swaps by connecting your Phantom or other self-custody wallet.

Given the absence of defined price stages or timers, it is unclear when the presale may end. That makes now the ideal time to buy before the tokens are sold out.

To participate, you can buy or send your $SOL here. For every 1 SOL sent to the address, you will receive 10,000 $SLOTH.

Related News

  • Best Meme Coins to Invest in: Top Picks for Exponential Gains! 🚀
  • 🚀 Dogecoin Price Prediction: Will DOGE Reach $1 in 2024? 🐶💰
  • Coinbase Alternatives: 10 Platforms with Lower Fees and More Security

Comments

Popular posts from this blog

Bitcoin Cash Price Prediction for Today, February 11 – BCH Technical Analysis

C+Charge Carbon Credit Crypto Project Approved by Leading Auditing Firm – Raises $360,000 in Presale

Hacken and Radix partner to boost ecosystem security