Dogwifhat (WIF), a Solana-based memecoin, has experienced a 35.95% decline from its all-time high to $3.0673. However, the formation of a bullish flag pattern on WIF’s daily chart suggests a potential continuation of the upward trend. Whale wallets holding over 5M WIF tokens are increasing their positions during the pullback, indicating confidence in the token’s value proposition.
CoinCodex predicts a potential 229% surge to $10.54 by the end of December 2024. With recent listing on Robinhood’s cryptocurrency exchange, WIF is gaining mainstream adoption and benefiting from positive sentiment in the broader cryptocurrency market.
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<p>The post Dogwifhat (WIF) Correction: Uptrend Continuation and Potential for $10.54 by December 2024 first appeared on CoinBuzzFeed.</p>
