đ Bulls Propel Dogwifhat: What Happens Next with WIF?
đ The meme coin dogwifhat[WIF] has been on a wild ride, surging over 45% and catching the attention of crypto enthusiasts.
đ Whales are diving in too, with the largest WIF holder making a whopping $2 million investment. This big fish now holds a staggering $71 million worth of WIF, with unrealized profits soaring past $86 million.
đ Technical analysis suggests that WIF is bullish, struggling to break through the crucial resistance level of $2.35. If it can conquer this hurdle and close above $2.37, we might see a 20% surge to reach $2.9.
â« On-chain metrics are also looking up, with Coinglass' WIF Long/Short ratio at its highest since 2024, indicating strong bullish sentiment among traders. Futures Open Interest is climbing too, suggesting more traders are building long positions.
đ„ At the time of writing, WIF is trading near $2.33, experiencing an 8.9% surge in the past 24 hours. With trading volume on the rise, it seems like this meme coin could be on the verge of a mega breakout.
So hold on tight, because the dogwifhat rally might just be getting started! đ
