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Cryptocurrency research firm Cryptonary recently predicted that the price of Dogwifhat (WIF) could eventually surge to $88 if the meme coin starts a "supercycle." For this to happen, it would have to replicate the success of meme coin giant Dogecoin (DOGE). The firm has noted that the coin has managed to organically achieve "escape velocity," meaning that it could potentially achieve growth without constantly needing some external factors. The success of WIF is also linked to Solana. Notably, WIF has a strategic position within the Solana ecosystem, which means that it could have more growth opportunities. The overly optimistic bull case for WIF can be supported by its holder count, strong volumes and promising social sentiment. The firm's base case for WIF is $10 (6.25 upside). The best-case scenario, which is rather speculative, is WIF reaching the pie-in-the-sky $88 target.
