Dogwifhat (WIF) down 11%

Dogwifhat (WIF), a community-driven meme coin inspired by the legendary Shiba Inu, has lost 11% of its value after failing to break above significant exponential moving average (EMA) resistance, investing as its price plummets Investors are worried about its subsequent trend.​

Dogwifhat has begun a gradual recovery after rising 20% ​​in just 24 hours. Nonetheless, despite predictions of a surge to $10, it has once again shown signs of a pullback after touching the $2.30 mark. Dogwifhat (WIF) is currently trading at $1.68, ranking 50th in the cryptocurrency market, according to asset tracking firm Coinmarketcap.​