DogWifHat, the Solana-inspired meme coin, took the market by storm in March when it rose to touch a whopping $3 price mark. WIF’s stellar price ascent has been one of the most promising developments of the current bull season. The token since then has noted a few price sways, stabilizing at $2.57 at press time.
Per CoinMarketcap, WIF is up 4% in the last 24 hours. The token has noted a spike in its price since the announcement of its listing on the Coinbase International Exchange.
Also Read: DogWifHat Surges 29% In 24 Hours: When Will It Hit $5?
A New Exchange Listing For WIF
Per Solanafloor, DogWifhat rose nearly 9% after the leading crypto exchange Coinbase International announced its decision to list WIF for trading on its platform. The token reacted positively to the news, spiking and surging 9% post-announcement, which went viral on social circuits.
The listing bolstered the community sentiment up a notch, helping the token gain a massive price-up tick. With the Halving event approaching fast, the WIF community is anticipating new price milestones for the token, helping it breach past $5.
How High Can WIF Spike Post Bitcoin Halving?
The token’s price threshold is now being heavily speculated by investors, with the Bitcoin Halving event approaching this week. Investors are keenly investigating whether the price of WIF will spike and portray prolonged bullish momentum.
According to CoinCodex, WIF may rise by a striking 29% by April 26, as the halving frenzy drives its price to touch new levels.
The token might end up breaching the staggering $7 mark by May 17, as predicted by the platform. However, the token will need to follow its current course of progression to reach the $7 price threshold.
“The price of Dogwifhat is predicted to rise by 221.44% and reach $7.96 by May 19, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 66 (greed). Dogwifhat recorded 14/30 (47%) green days with 21.14% price volatility over the last 30 days.”
The immediate forecast for WIF comprises the token hovering around the $3 mark, breaching past it to seek stability at $3.96 by April 26.
Also Read: DogWifHat Price Prediction: Can $WIF Break Past $4 This Weekend?
“Based on these Dogwifhat projections, WIF will be changing hands at $3.65 on April 26, 2024, gaining 47.14% in the process.”
Halving seems particularly lucrative for WIF users, given that the token is experiencing a 200% surge by May 2024. However, crypto market volatility and conditions cannot be predicted with a 100% guarantee; hence, user discretion is necessary before exploring any crypto transaction at length.