#binance WIF sell-off alert: Dogwifat plummets due to various factors.

Dogwifat, the dog-themed memecoin, saw a significant upward move recently and started to decline due to a number of factors. However, WIF value plummeted more than 12% today as the memecoin craze ended with a correction in the GameStop (GME) stock price. Additionally, Among the top 100 cryptocurrencies based on market capitalization, memecoins such as WIF, BOME, PEPE, and FLOKI led the decline of the crypto market, confirming this as a code-driven crash meme notification leads.

Dogwiphat (WIF) price plummeted 12%

WIF value is down 12% over the past 24 hours, with the value currently trading at $2.58 at the time of writing. The 24-hour low and high were $2.53 and $2.89, respectively.

Whales and traders are offloading dogwift to lock in early profits as GameStop and AMC Theaters prices fall following recent FOMO to rally prices. Meanwhile, GameStop values ​​have fallen after last week's spectacular rise, plummeting more than 20% today after hitting a 52-week high of $64.83.

Coinmarketcap

One whale sold 732,481 WIF worth $1.85 million. Additionally, this whale bought WIF shares for $2.18 million but decided to sell all WIF shares at a loss. Other whales are on the same page when it comes to unloading their holdings in WIF.

Meanwhile, traders are also liquidating their positions in WIF as it failed to even reach its sell zones and chart patterns signal an impending widespread sell-off in dogwifhat. $WIF