Why #dogwhifhat Price Crashed Below $2 This Week

The price of meme coin #DogeStrong wifhat ($WIF) dropped below $2, reaching $1.8, a 25.72% decline over the past 7 days. The main reason for the crash was a massive sell-off of $WIF tokens worth over $16 million, putting pressure on the market. An anonymous whale transferred 12.66 million tokens ($23.4 million) to Binance, indicating potential further sales. Since early June, Dogwifhat has lost about 40% of its value. Currently, it is the fourth-largest meme coin with a market cap of $1.8 billion.

#️⃣ #crypto #MemeCoinCrash #Megadrop $WIF

#dogwifhat

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