馃殌 **Dogwifhat Futures Surge: Is the Hat Still On?** 馃帺
Futures traders are barking up the right tree with Solana-based memecoin Dogwifhat (WIF)! Despite trading 66% below its March all-time high, analysts are sniffing out a potential reversal pattern.
- Since Aug. 31, Dogwifhat Open Interest (OI) has jumped 16% to $231.48M, per CoinGlass.
- Price dropped 17% since Aug. 25, now at $1.57, but traders eye a rebound to $2.40鈥攁 52.80% spike!
Crypto analyst Bluntz tweeted, "Perfect channel retest on $WIF. Nobody is ready for the V reversal that's about to happen."
Dogwifhat's trading volume hit $327.6M on Sept. 4, doubling Shiba Inu's (SHIB) $160.5M. Trader zer0 chimed in, "Is the hat still on?"
Join the convo! What鈥檚 your take on Dogwifhat鈥檚 next move? 馃挰馃憞