The short-term outlook for $DOGS appears bearish, with a higher probability of further decline for Short-term traders, waiting for a bullish reversal signal before entering a long position seems like the best option at the current market price however,
- Long-term investors should consider accumulating DOGS at current levels, with a target price of $0.0016000 while being cautious as it is subject to high volatility and market manipulation as a new coin
Investors should exercise caution and conduct thorough research before making investment decisions, meanwhile
Former Goldman Sachs analyst Murad Mahmudov has predicted that dogwifhat (WIF) is going to be a Solana-based meme coin that is set to outperform in 2025.
The analyst pointed out to the fact that the WIF community has the most impactful and efficient holders with at least $1k and According to CoinGecko data, it is currently the fourth-biggest meme coin with a market cap of $1.47 billion.
Cryptocurrency research firm Cryptonary recently predicted that the price of Dogwifhat (WIF) could eventually surge to $88 if the meme coin starts a “supercycle.”