Hit or Miss? Dogwifhat (WIF) Predicted to Dips to $1
Analyst MacroCRG calls Dogwifhat’s (WIF) possible decline to as low as $1 a “generational entry point.”
Analyst Bluntz notes that the WIF price moves of late seem to be gradual and corrective, suggesting a potential additional drop to $1.
The remarkable price fluctuation of the meme-inspired digital asset Dogwifhat (WIF) in the cryptocurrency market has drawn close attention. WIF is now valued at $2.92, down 9.87% in the last 24 hours, according to CoinMarketCap.
It still shows a 9.98% rise over the previous week, though, and its market cap remains under $3 million, ranking it as the fourth-biggest meme coin.
Summaries of WIF Current Price Changes
Watching closely at WIF’s market behavior have been cryptocurrency enthusiasts and market analysts.
Prominent cryptocurrency analyst @MacroCRG flagged a possibly misleading breakout in WIF’s price trajectory, describing the current price increase as a “generational entry point” and speculating that it may not be sustainable and may go as low as $1.