Analysts Expect 1,500% Dogwifhat Rally

WIF has risen significantly since mid-September. In the previous week, the meme currency has gained 32%, outperforming numerous cryptocurrencies and meme coins. Many cryptocurrency expectations are positive after this spike.

Dogwifhat Returns

Dogwifhat became famous in early 2024 when meme coin users called it a “Shiba Inu Killer.” The Solana-based meme currency trend in March and April 2024 brought Dogwifhat, which began the year at $0.15, to the forefront. Meme coin rose 3,100% to $4.84. Even if the meme coin's price has dropped, investors and a large online community still support it.

Dogwifhat is up 9.5% in 24 hours after a great September. According to renowned crypto researcher Rekt Capital, Dogwifhat's recent escape of its multi-month downturn is only the beginning. He predicted a larger cryptocurrency surge in a recent study, and this move is one among the first signs. The expert said that WIF may start a fresh macro rally.

Gumshoe, another crypto specialist, noted a major WIF market development, adding to the optimism. He claims Binance has moved $35 million in Dogwifhat to self-custody wallets in the previous week. Withdrawal transfers indicate investor trust in WIF long-term.

Sito, another crypto trader, shared a WIFUSDT chart on social media site X showing WIF's breakthrough against the 4-hour 200-moving average. This technical move last happened in February and resulted to a 1,600% gain in 48 days. Sito predicted a significant price spike for Dogwifhat to $25 in the next weeks if history repeats itself.


Next for Dogwifhat?

Dogwifhat (WIF) trades at $2.4. This time, a 1,600% rise may be harder. Given present prices, a big gain in value would need a far higher capital infusion than earlier this year.

This doesn't change the reality that meme currency is poised for more gains. Start by breaching over a July order block at $2.665. If it breaks above this, prices might rise to their recent all-time high of $4.84.

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