#BNB is a safe heaven and most defensive Crypto followed by #BTC and #ETH whereas , #DogWifhat is resilient and most offensive.

Pundit predicts Dogwifhat will reach $10 amid short liquidations

Unipcs (Bonk Guy), a crypto trader and analyst, remains enthusiastic on Dogwifhat. He said this when detailing short traders' losses because to meme coin bearishness.

Dogwifhat Reaching $10

Unipcs said on X (previously Twitter) that Dogwifhat is “headed to $10” and will never dip below $1 again. As the market is in a meme coin supercycle, he feels the currency may rise. The crypto trader stated WIF shorts were “getting squeezed hard” and this is “way it should be.”

Apart from Dogwifhat, Unipcs is optimistic on meme currencies. He was known for buying Bonk, another Solana-based meme currency, with $16,000 in October 2023 and still holding when he last updated the transaction. According to his update, his unrealized profit reached $13.7 million.

Considering meme coins are one of the main themes in this bull run, Unipcs's bullishness is hardly unexpected. With YTD increases of nearly 1,800% and 1,000%, meme currencies Dogwifhat and Pepe (PEPE) are this year's best-performing top 50 coins by market cap.

UNIPCS isn't the only one that thinks WIF might reach $10. Another crypto trader, ‘Free’, has repeatedly said the meme currency would reach that price.

Crypto analyst Bluntz Capital is also positive on Dogwifhat, predicting that it would surpass PEPE and Shiba Inu (SHIB) as the second-largest meme currency by market valuation.

He predicts a “meme wipeout,” which may be worse than expected. He said it would “catch a ton of people off guard.” He said he will become a meme coin bull when the timing is perfect, but not now.

WIF had risen dramatically, as he correctly anticipated in a previous market report. He predicted the meme currency will reach $3.8 before falling to $1.6.

He said in a recent video that he won't short Dogwifhat even at $3.8. To confirm his pessimistic forecasts, he would wait for the meme currency to reach $4 highs.

CoinMarketCap shows Dogwifhat trading at $3, up over 6% in 24 hours.

#WIF #DogWifhat #altcoins #buythedip $WIF

Where Does #WIF Go From Here?

Dogwifhat (WIF), a Solana meme currency, fell double-digits below $2 this week as investor interest wanes.

As market volatility continues to bearishly weigh Dogwifhat, its price is $1.8. The cryptocurrency's value has plummeted 25.72% in seven days.

Due to WIF investor selling pressures, an unexpected decrease occurred. Solscan data shows unidentified cryptocurrency speculators sold over $16 million WIF tokens last week. From a few tokens to hundreds of thousands of WIF coins.

Continuous investor liquidations cause selling pressures, lowering a cryptocurrency's market value. Dogwifhat, a meme currency, is highly volatile and speculative, leaving it vulnerable to market shifts and sell-offs.

Unfortunately, more whales are selling WIF tokens. On June 22, blockchain analytics startup Lookonchain said in an X (previously Twitter) post that an unidentified whale transferred 12.66 million WIF tokens worth $23.4 million to Binance.
Moving bitcoin from a wallet to a crypto exchange usually indicates a sell-off. If selling pressures in Dogwifhat continue, the popular cryptocurrency might hit new lows.

After falling roughly 40% in the previous month, Dogwifhat has underperformed most meme currencies since June. Pepe (PEPE) became the third biggest meme coin by market capitalization after the cryptocurrency reached an all-time high of $3.97 in March.

According to CoinGecko, Dogwifhat is the fourth biggest meme currency with a $1.8 billion market value. Four of the top five meme currencies by market capitalization—Dogecoin (DOGE), Shiba Inu (SHIB), Pepe, and Floki—are rising.

WIF's price might go below $1 if selling efforts continue. CryptoQuant founder and CEO Ki Young Ju is negative on meme currencies.

Ju says meme currency supremacy in altcoins is waning. He posted a meme coin price chart from 2022 to 2024, showing that investors would ultimately change from gambling to market fundamentals.

#BinanceTournament #DogWifhat $WIF