DogWifHat Flips Optimism and Mantle: How High Can WIF Trade in May?

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

DogWifHat has emerged as one of the most promising tokens to trade in the current bull cycle. The token has always been at the forefront of investor scrutiny and has lately delivered stellar price ascents for investors to bask in and enjoy. Per CoinMarketcap, the token is up 24% in the last seven days, trading at $3.30 at press time.

DogWifHat’s latest feat has compelled investors to take note of the token’s massive potential. WIF has managed to flip Optimism and Mantle regarding market cap, denoting its mettle to reach the top of the crypto ladder.

Also Read: Cryptocurrency: 3 Coin Dips to Leverage for 50x Returns

DogWifHat’s Latest Feat

dogwifhat
Source – CoinCodex

The popular Solana-inspired meme token, DogWifHat, has achieved a major milestone in the current bull cycle. The token has managed to flip Ethereum-based token Optimism in terms of market cap to reach the top of the radar.

At the same time, the token has also managed to outpace another Ethereum L2 roll-up token, Mantle (MNT), in terms of market cap metrics.

WIF’s stellar price peaks and ascents are delivering solid foundational strength to the token, compelling investors to take note of the crypto more seriously.

Launched as a dog-inspired meme token on Solana, DogWifHat has always attracted a great influx of attention, onboarding new investors with each passing day. The crypto has emerged as one of the most popular meme currencies on Solana to interact with, driving the token’s price value to peak every day.

DogWiFHat May Forecast

WIF’s unparalleled popularity is now stronger than ever, which may push WIF to surge and trade at new price levels.

According to CoinCodex, the token may see a significant price surge of 200% this month. The token may peak and trade up to $10 by the end of May 2024.

“According to our current Dogwifhat price prediction. The price of Dogwifhat is predicted to rise by 228.13% and reach $10.54 by June 4, 2024. Per our technical indicators, the current sentiment is bullish. The Fear & Greed Index is showing 69 (greed). Dogwifhat recorded 16/30 (53%) green days with 13.90% price volatility over the last 30 days.”

Also Read: Solana Meme Coins BONK, DogWifHat, and Maneki Price Analysis for May

By May 12, CC expects WIF to cross the threshold of $4, solidifying its position in the current crypto market.

“The Dogwifhat price forecast for the next 30 days is a projection based on the positive and negative trends. Based on these WIF will be changing hands at $4.77 on May 12, 2024, gaining 48.57% in the process.”