Memecoins are back? Dogwifhat price rallies 46% in September

Dogwifhat is currently up 30% in the week, but the number of holders has increased by only 1.29% in the same period. 

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Solanas Dogwifhat (WIF) Skyrockets 1300% And Claims Forbes Best-Performing Crypto Title

Solana-based meme coin Dogwifhat (WIF) has taken the cryptocurrency market by storm, becoming the best-performing asset in the first half of the year, as the Shiba Inu puppy-inspired token has outperformed Bitcoin’s (BTC) 48% surge since January, making it the top returner among approximately 70 coins with market caps over $1 billion.  Dogwifhat (WIF) Leads [...]

The post Solanas Dogwifhat (WIF) Skyrockets 1300% And Claims Forbes Best-Performing Crypto Title appeared first on Crypto Breaking News.

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WIF Plunges 11% As Whale Deposits Millions To Binance, Whos Behind It?

Memecoins are in red this week as most sectors of the crypto market struggle. Dogwifhat (WIF) has not been the exception.  The memecoin sensation of Q1 saw a significant price drop following the movements of a whale. Recently, an address transferred millions of WIF to a crypto exchange, which ignited speculation about who was behind the transaction. Related Reading: LayerZeros ZRO Token Airdrop Receives Backlash For Proof-Of-Donation Mechanism 6 Million WIF To Binance On Friday, reports of a massive WIF transfer to Binance hit the crypto community. Per the report, one of the top dogwifhat holders moved millions to the largest crypto exchange. The whale transferred 5.97 million WIF, worth around $11 million, on June 21. Additionally, the address offloaded 48 million Trump Coin (DJT), approximately $500,000. After the news, the crypto community began speculating who was behind the transfer. Some users claimed the whale was crypto trader Ansem, who was very vocal about WIF. The trader was also part of the Las Vegas Sphere project, where users donated around $700,000 to project the tokens image in the Sphere.   Users on X criticized Ansem for the alleged deposit, expressing their disappointment in his capitulation. Some investors took the opportunity to express their discontent with the trader for grifting and dumping on investors. The discussion sparked an important conversation: should Key Opinion Leaders (KOLs) not move their money? One user considers that Ansem, and all KOLs, are free to do what they want with their money.  The user argued that KOLs are subjected to criticism regardless of their route. When people sell before you do, they are jeet. When KOLs sell some of their holdings or even move it around, they are pump and dampers. Several community members agreed and questioned if KOLs are obligated to hold a token until investors are happy with their profits.  However, others argue that community members are arbiters of traders reputations.   Dogwifhat Take A Blow, But Was It Ansem? Despite the rumors, online reports suggest the wallet is not linked to the crypto trader. After deep-diving into the address, a community member found that the address was not associated with Ansem. The post notes that the only reason it was linked to the trader was the large WIF balance and many Solana memecoins. However, the address has a record of selling their token at a loss to FOMO into new shiny stuff. Furthermore, the wallet seems to be linked to a now-deleted X account.  At the time of writing, the trader has not acknowledged the rumors.   After the reports, WIFs price dropped from the $1.90 to the $1.80 price range. On the last day, the memecoin plunged from the $2.15 mark, representing a 13% decrease. Related Reading: Curve (CRV) Bounces 40% From All-Time Low As Whales Go On Shopping Spree The token has also seen a 25.3% and 36.1% drop in the weekly and monthly timeframes. Crypto analyst Bluntz forecasted a bearish $1 target for the dog-themed memecoin. Ultimately, the analyst stated that a descent to the $1 support level was inevitable before the next parabolic leg. As of this writing, WIF is trading at $1.83. Featured Image from Unsplash.com, Chart from TradingView.com

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Dogwifhat To Tumble? Analyst Sets $1 Target For WIF

Dogwifhat (WIF), the memecoin sensation that took the crypto market by storm during Q1, has followed Bitcoins recent downturn. As the dog-themed token faces a price decline of over 10%, some crypto analysts consider that a stop at $1 may be the next target for WIF. Related Reading Is The Hat Still On? Dogwifhat was [...]

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Troller Cat Presale Launches Amid Bearish Trends for Dogwifhat and Shiba Inu

Troller Cat's presale goes live as Dogwifhat and Shiba Inu face market downturns. Discover why TCAT is among the best cryptos to stake no

The post Troller Cat Presale Launches Amid Bearish Trends for Dogwifhat and Shiba Inu appeared first on Kanalcoin.

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Solana-Based Dogwifhat Reaches Critical Level That Could Lead To Catastrophic Crash

Crypto analyst Crypto Jack has suggested that Solana-based meme coin Dogwifhat (WIF) could soon witness a catastrophic crash. He noted what needs to happen for the meme coin to avoid this significant price decline.  How Dogwifhats Price Could Crash Significantly  Crypto Jack mentioned in an X (formerly Twitter) post that Dogwifhats price needs to stay above $3.5 as failure to hold above that level could be catastrophic for the meme coin. He also advised crypto traders to exercise caution while trading the meme coin so they do not get caught unaware and shaken out from their positions.  Interestingly, data from CoinMarketCap shows that Dogwifhat has experienced a price drop below $3.5 from its weekly high of $4. Crypto Jacks analysis suggests that the meme coin’s catastrophic crash may have already begun, as it could well hit new lows on its way down.  It is worth mentioning that Dogwifhat is still up over 24% in the last seven days, which suggests that this recent price decline might just be a brief correction as part of an upward trend that the meme coin is currently enjoying. However, thanks to this recent price decline, over $1.2 million in long positions have been liquidated in the last 24 hours, according to data from Coinglass.  Not Yet Time To Be Bearish On Dogwifhat Crypto analyst CrediBULL Crypto had previously revealed his bearish expectations for Dogwifhat, claiming that the crypto token could drop to as low as $1.6. He added that he would look to short the meme coin at $3.90, as he expected it to enjoy one last push to the upside before it declined significantly.  However, despite Dogwifhat already attaining this height as predicted, CrediBULL Crypto suggested in a recent X post that it wasnt yet the right time to be bearish on Dogwifhat. He claimed that the Hat stays on a bit longer because he believes Solana is approaching a bounce zone, which could cause it to climb to new local highs. If that is the case, he expects WIF to continue its upward trend, making it shorting it now a wrong move.  Crypto analyst and trader Ponzi Trader also suggested that Dogwifhat still has enough bullish momentum to make another run following its recent price decline. He revealed that he is betting on WIF, bouncing from its current price range.  Regarding how high Dogwifhat could rally on its next leg up, crypto analyst Alex Clay predicts the bullish sentiment towards the meme coin could send its price to $6.7. Crypto analyst and trader Unipcs (Bonk Guy) is bullish on Dogwifhat and predicts that the meme coin will reach $10 while claiming it will never drop to $1 again.  Featured image created with Dall.E, chart from Tradingview.com

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Top Meme Coins to Invest in Now APC, Dogwifhat, Bonk

Discover the top meme coins to invest in now, including Arctic Pablo Coin, Dogwifhat, and Bonk. Explore meme coin presale updates and latest trends.

The post Top Meme Coins to Invest in Now APC, Dogwifhat, Bonk appeared first on Kanalcoin.

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WIF Set to Explode? Solanas Surge Could Launch Memecoin to $1

Dogwifhat (WIF), a popular memecoin built on the Solana blockchain, is showing strong signs of a bullish breakout. Over the past 24 hours, WIF has gained nearly 14%, signaling renewed investor interest and building momentum in the memecoin sector. This surge comes as the overall cryptocurrency market enters a bullish phase, with Solana-based tokens leading […]

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Whale Activity Sparks Dogwifhat (WIF) Market Turmoil Amid Broader Crypto Sell-Off

The Dogwifhat (WIF) market has been shaken by sudden whale movements, fueling speculation about its future trajectory. As the broader crypto market experiences a downturn, WIF has seen a steep decline, testing critical support levels. Dogwifhat Dormant Wallet Awakens, Fresh Whale Accumulation On-chain data from Lookonchain revealed that a wallet inactive for two years recently […]

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Dogwifhat (WIF) Price Set To Skyrocket 2,500%, Predicts Renowned Economist

Renowned economist Henrik Zeberg has released a technical analysis of Dogwifhat (WIF) on X, forecasting a massive 2,500% price surge for the memecoin. According to Zeberg’s analysis, WIF is poised for a significant rally, potentially reaching $78, driven by a larger ABC pattern and a series of smaller subwaves. How Dogwifhat (WIF) Price Could Hit $78 Zeberg’s weekly WIF/USDT chart illustrates a large ABC corrective pattern, a fundamental structure in technical analysis that indicates a retracement phase within a broader bullish trend. This ABC pattern, according to Zebergs analysis, could eventually culminate at point C around $78. This target is based on the completion of the larger ABC structure, with the price reaching new highs once the correction phase concludes which he describes with the words economy catches up with bull market. Within this larger ABC structure, Zeberg also maps out a series of five smaller waves, which are part of the overall upward momentum in the market. These five waves align with the principles of Elliott Wave theory, a method used to predict price movements based on market psychology. In Zebergs chart, the five waves (labeled 1 through 5) represent the early stages of the price rally, with the first wave being the initial breakout, and the subsequent waves following through with increasingly higher price points. Related Reading: Dogwifhat (WIF) Shines With 15% Rally In The Past Week Is $2.8 The Next Stop? The first wave drove the WIF price to a high of $3.04, followed by a correction in the second wave that brought it down to $2.00. With the correction now complete, Zeberg predicts that WIF could catapult to $6.59. For wave 4, Zeberg anticipates a dip to $4.59 before the memecoin takes off towards $15.24. The chart also highlights important Fibonacci retracement and extension levels, which Zeberg uses to project potential support and resistance zones as WIF progresses. The 2.618 Fibonacci extension level, positioned around $6.59, aligns with Zebergs immediate short-term target. Following this, higher extension levels at 3.618 and 4.618 ($11.96 and $21.69, respectively) suggest further upward momentum, which could take the price to the anticipated $78 target if the market continues to follow this trajectory. Related Reading: Dogwifhat (WIF) Prepares For A Bullish Breakout Analyst Sets $3 Target Zebergs prediction for the near term includes a price movement towards $6.3 by the end of this week, followed by a brief pullback. From there, he expects WIF to climb towards $13-$15 by late November or early December. These intermediate price targets are key milestones in the larger cycle that will eventually lead to the projected price of $78, marked by the completion of the ABC pattern. Zeberg writes via X: Could we see ~6.3 USD by end of week. Then pullback before move to ~13-15 USD by end of November – early December? If WIF manages these steps – well then ~78 USD is a probable target. I’m extremely BULLISH!!!! At press time, dogwifhat traded at $3.079. Featured image from Shutterstock, chart from TradingView.com

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Dogwifhat (WIF) Prepares For A Bullish Breakout Analyst Sets $3 Target

Dogwifhat (WIF) has emerged as one of this cycles standout meme coins, and a major move might be imminent. WIF is trading just above $2.5, a key support level that top analyst and investor Ali Martinez believes could be a launchpad for a 17% surge to the $3 mark.  Martinez shared a technical analysis highlighting WIFs strong base above $2.5, signaling that bullish momentum is building for the token. Related Reading: Ethereum Holds Key Support To Set A $6,000 Target Analyst As WIF holds above this crucial level, investor optimism and trading volume are rising, suggesting that both short-term and long-term holders are preparing for another leg up. The next few daysor even hourscould be decisive, as WIF sits at a pivotal point that could set the stage for significant gains.  With interest in meme coins surging and market sentiment favoring breakout plays, Dogwifhat is on track to test the $3 mark soon. If WIF breaks through, it may continue to draw more interest as one of the leading tokens in this meme coin cycle. Dogwifhat Holding Above Key Support Level Dogwifhat (WIF) has remained in a consolidation phase after reaching a local high of $2.97, now stabilizing above a crucial support level at $2.5. According to top analyst Ali Martinez, this consolidation period could set the stage for a breakout.  Martinez shared a technical analysis on X highlighting a bullish pattern forming on WIFs 1-hour timeframe, suggesting that the token may soon be ready to push higher. Martinezs analysis indicates that WIFs resistance level within this bullish pattern sits around $2.6. Should WIF break above this key resistance, a surge to the $3 mark is anticipated, which could spark renewed interest in the token.  As meme coin traders know, FOMO (fear of missing out) can drive demand rapidly, especially for tokens with strong online communities and viral appeal. A move above $3 could position Dogwifhat as a top contender among this cycles meme coins, potentially leading to increased trading volume and broader market interest. Related Reading: Dogecoin Metrics Reveal Increasing Network Activity Is DOGE Ready To Break Yearly Highs? However, broader market conditions, particularly Bitcoins price action, will play a crucial role in determining whether WIF and other meme coins continue their uptrend. Many traders and analysts are watching Bitcoin closely, as a push above its all-time high could catalyze a rally across the entire market.  If BTC breaks into new highs, the resulting optimism and influx of capital could serve as the final push that Dogwifhat needs to leap to the $3 mark and beyond. Until then, WIF remains in a holding pattern, with its potential for a breakout hinging on technical triggers and broader market sentiment. WIF Technical Levels To Watch Dogwifhat (WIF) trades at $2.56, breaking above the 4-hour 200 moving average (MA) set at $2.49. This move above the 200 MA signals bullish momentum, and WIF firmly holds the $2.52 level. Previously a resistance, this $2.52 mark supports the tokens uptrend. For WIF bulls to build further momentum, the price must push past the $2.7 mark, potentially paving the way for a run to local highs around $3. Breaking through these levels could attract renewed buying interest, especially as the market anticipates broader upward movements in leading assets.  However, should WIF fail to maintain its position above the $2.5 mark, it may face a pullback, with support likely in a lower demand zone around $2.41. Related Reading: Cardano Might See A Massive Pump Around November 18 Analyst Exposes 2020 Similarities This consolidation period and test of new support levels could ultimately strengthen the foundation for a sustained uptrend. For now, the $2.5 support remains critical as bulls look to gather strength for a possible push higher.  Featured image from Dall-E, chart from TradingView

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Solanas Dogwifhat Meme Coin Flashes Buy Signal At $2.5, Is It Time To Jump In?

According to a technical indicator, Solana-based meme coin Dogwifhat is gearing up for an upside move. Top analyst Ali Martinez recently shared a bullish perspective for Dogwifhat on social media platform X, with the TD Sequential indicator indicating a buy signal. TD Sequential Flashes Buy Signal At $2.5 As Ali Martinez noted, the TD Sequential has been highly spot on with predicting trends in the price of Dogwifhat for a while now. The TD Sequential indicator consists of two phases: a setup phase, which generates a count from 1 to 9 based on a specific price, and a countdown phase, which also counts down based on previous price action.  Related Reading: Crypto Analyst Says Bitcoin Price Can Port To $86,600 If It Breaks This Level Martinez shared insights from the WIF/Tether US 4-hour candlestick price chart, illustrating that the TD Sequential indicator has consistently delivered accurate buy and sell signals for Dogwifhat since the beginning of October. As it stands, the indicator is now pointing toward a buy signal. For a buy setup on the TD Sequential, the current candle’s close must be lower than the close of the previous four candles. At the time of writing, Dogwifhat has experienced a correction of approximately 14% over the past three days, having peaked at $2.958 on October 14. However, the TD Sequential on the 4-hour candlestick chart is now pointing towards the continuation of a larger upward trend for the rest of the month. Whats Next For The Dogwifhat Price? Dogwifhats popularity kicked off in early 2024 when the meme coin community enthusiastically dubbed it the Shiba Inu Killer. Dogwifhat, which started the year around $0.15, was shot into the spotlight in March and April during a frenzy surrounding Solana-based meme coins in the first half of 2024.  This surge in interest caused Dogwifhat to go on a price rally, culminating in an all-time high of $4.83. Following this all-time high, the meme coin experienced a substantial correction and is now characterized by smaller rallies and corrections. However, it still remains the largest Solana-based meme coin with a market cap of $2.56 billion. Related Reading: Bitcoin Price To $130,000 By January, Heres The Roadmap Even with the recent price decline over the past three days, Dogwifhat has managed to maintain impressive gains of around 68% over the past 30 days. Now that the TD Sequential indicator is printing a buy signal, this price increase is expected to continue for the rest of what looks like a bullish October. At the time of writing, the Solana-based meme coin is trading at $2.57, with a bullish price target of $4 before October comes to a close. Solana, on the other hand, hasn’t been able to keep up with Dogwifhat gains in the past 30 days. At the time of writing, Solana is trading at $153, up by 15% in the same 30-day timeframe.   Featured image created with Dall.E, chart from Tradingview.com

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