2 Whales Buy DogWifHat (WIF) Worth $5 Million, Price Spikes 40%

Juhi Mirza
Can Dogwifhat (WIF) Hit $10 After Bitcoin Halving?
Source: twitter

WIF’s massive price surge has been keeping investors entertained this crypto bull season. The dog-themed crypto has recently spiked 40% as the network noted unusual whale activity, altering its price to new highs. 

The Solana-based meme coin is surging both in valuation and popularity. Binance recently listed the coin for trading and interaction, resulting in a price surge upward.

Also Read: Can Dogwifhat (WIF) Hit $5 in March 2024?

Whale Activity Boosts WIF’s Price by 40%

Per LookOnChain, two mysterious whales spent a staggering 38,372 SOL tokens to purchase 2.97 million WIF tokens.

“87Hnwj spent 23,400 $SOL (3.06 million) to buy 1.82 million $WIF at $1.69. GjRacG spent 14,732 $SOL ($1.93M) to buy 1.15M $WIF at $1.67.”

The sudden whale movement triggered an uptick in the pricing of WIF, skyrocketing its price to touch the $2 mark.

WIF Price Prediction: How High Will It Go?

The recent WIF surge and the coin’s ability to break the $2 mark have compelled investors to think about its future price movement. 

If the token’s price momentum continues to project bullish signals, WIF will outpace major league altcoins to reach the top of the radar. 

Per CoinCodex, WIF is projected to ascend as high as 35% given its price momentum and pace.

Also Read: Dogwifhat (WIF) Forecasted to Rise 173%: Here’s When

“Based on the historical data the yearly low WIF price prediction for 2025 is at $1.616851. Meanwhile, the price of Dogwifhat is predicted to reach as high as $2.40 next year.” The CoinCodex data was later noted.