The market has been turbulent recently. A whale with the handle $WIF suddenly decided to sell nearly $3 million worth of tokens.

On Wednesday, on-chain data showed that this big guy transferred several million WIF tokens to the big exchange Coinbase in one go. As a result, everyone saw that the price of this token immediately fell by 3%.

After this wave of operations, friends in the currency circle began to wonder whether WIF, a dog-themed MEME coin, would be able to survive in the future?

According to Lookonchain data, this WIF whale only used more than 390,000 US dollars and earned the more than 3 million he was going to sell now in about 11 months.

However, this sell-off happened to coincide with the unstable market. The entire currency circle was in turmoil, and the liquidation amount soared to more than 1.7 billion US dollars, and small currencies were under even greater pressure.

For WIF, the money liquidated in the past two days has reached 22 million US dollars.

Why whales sell, everyone guesses, maybe they feel the market is unstable, and want to put their money in their pockets first.

Anyway, the current situation is that everyone is confused about the future of this kind of MEME coin.

So what will happen to WIF next?

When writing this article, the price of WIF has risen a little bit, almost 3.5%, and now it is $2.87 per coin.

However, compared with its previous highest of $4.85, it is still a lot of 41%.

Although some people predict that by the end of 2025, this token can rise to $10, but now it seems that this road is long, and there are also many variables in the middle.

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