The recent upward movement has led the price of WIF to continue its rally above the 100-day Simple Moving Average (SMA). This movement comes after it fails to break below the $1.03 support level.
With a current market capitalization of $3.9 billion and a 24-hour trading volume of over $1.5 billion, WIF has been dominating the meme world alongside other meme coins like PEPE and DOGE since the start of this recent move.
As of the time of writing, the price of WIF was up by 21%, trading around $3.97 above the 100-day moving average in the last 24 hours.