Amidst the Bitcoin fall to $61k, the altcoin market is suffering through a wave of bearish onset of the market. Several leading coins are projecting muted performances, deficient of any significant price action. However, the current scenario is yet to impact, Dogwifhat of WIF, which is up 23% in the last 24 hours and continues to trade at an average level of $2.04
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DogWifHat Price Action
One of Solana’s most popular crypto coins, DogWifhat has been trending lately. The token is up in green amid a bearish stance of the market, fueling investors’ hopes. WIF is currently up 2% at press time, hovering at a price range of $2.04.
Launched in November 2023, WIF’s launch was nothing short of a grand rally. Since its launch, the token has surged more than 3000% and continues to tempt users while drawing considerable market attention.
The recent price rally of WIF has primarily been attributed to the extensive whale activity that the token is experiencing as of late. The whales have scooped up nearly 2.06 million WIF amid its recent price dip.
WIF June End Prediction
According to CoinCodex, WIF may undergo significant to and fro, in terms of its price before the token stabilizes to a greater extent. CC predicts the token to surge by a whopping 222% by June end, spiking and trading at a new price level of $6.
“According to our current Dogwifhat price prediction, the price of Dogwifhat is predicted to rise by 222.11% and reach $ 6.64 by July 26, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 46 (Fear). Dogwifhat recorded 10/30 (33%) green days with 23.18% price volatility over the last 30 days.”
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By July 3, the platform predicts the token to initiate its ascent. The token may surge by 47% to claim its previous $3 price mark.
“The Dogwifhat price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Dogwifhat projections, WIF will be changing hands at $ 3.03 on Jul 3, 2024, gaining 47.29% in the process.”