🔥😱 Dogwifhat (WIF) Set for a Rally Positive Signs Emerge!
🚀🚀Dogwifhat ($WIF), a popular memecoin, appears to be gearing up for another surge. Over the past week, WIF has risen by 30%, while its investor base only grew by 1.29%. In the last 24 hours alone, WIF has increased by 10%, reaching a price of $2.20 and pushing its market cap past $2 billion for the first time in seven weeks.
The memecoin market is on the rise, growing by 6.8% in the last 24 hours to exceed $51 billion, reaching pre-August levels. CoinGecko data shows Dogwifhat remains the fourth-largest memecoin in the industry, despite Dogecoin and Shiba Inu holding the top spots. Solana-based memecoins like POPCAT and WIF have dominated recent 30-day returns, with WIF delivering a 24.2% return on investment (ROI).
WIF’s current rally mirrors the memecoin hype from early 2024 when the coin saw an astonishing 8,000% ROI in just three months, boosting other memecoins like POPCAT, BRETT, and MEW.
Can WIF Reach 80?
Henrik Zeberg, Chief Macroeconomist at Swissblock, predicts WIF is coming out of a long consolidation phase and could reach a parabolic price target of 80 by November 11, 2024—a potential 3,526% increase from its current price.
