WIF breakout hints at 43% gains: Is this the next big move?
Dogwifhat gains 6.63% as bullish momentum builds after breaking out of key patterns.
Keep up with what's happening in the crypto world in real-time.
Dogwifhat gains 6.63% as bullish momentum builds after breaking out of key patterns.
The GMMEME index, which tracks key memecoins such as PEPE, SHIB and DOGE, has surged over 90% in November.
Dogwifhat (WIF), the popular Solana-based meme coin gained massive attention in the past few days due to its impressive price surge of over 150%. However, the meme coin has been continuously falling and has now found support at the golden Fibonacci ratio of 0.618 level.
By 2024, the cryptocurrency market has seen the rise of a fully developed meme coin sector. Known for their high volatility, these assets offer the potential for massive returns — but they come with equally high risks.
Bitcoin (BTC) hit a new all-time high of $94,041 after BlackRock, the world's largest asset manager, officially launched the iShares Bitcoin Trust ETF (IBIT) for options trading. However, it declined after reaching this level and is currently trading at $92,114, up almost 1% over the past 24 hours.
In his latest YouTube video titled “Turn $1,000 into $100,000 With Meme Coins in 45 Days! [I'm Buying These Memes Now],” Miles Deutscher provides an analysis of the current memecoin landscape where he lists specific coins that he believes are poised for substantial growth.
Dogwifhat (WIF) has been among the top performers in the current bull cycle, which saw the market cap of all meme tokens soaring toward $120 billion, according to CoinGecko. WIF gained around 55% over the past seven days as cryptocurrency market capitalization skyrocketed past $3 trillion on Trump-driven rallies.
Solana-based Memecoin Dogwifhat (WIF) is among the tokens leading the crypto market. The cryptocurrency surged over 40% in the last 24 hours, breaking above the $4 resistance zone following its Coinbase listing.
On the back of some very bullish exchange listings, memecoins $PEPE, Dog Wif Hat ($WIF), and $BONK, have been flying high in recent days. However, after such explosive surges, is it now time for a comprehensive pull-back?
Hackers exploited dogwifhat's X account to promote Solana-based tokens, raising concerns about crypto security.
Despite the pullback, the price of PNUT is over 1,500% up on a weekly scale.
A Dogwifhat smart whale caused a stir across the broader cryptocurrency landscape on Friday, heavily dumping the dog-themed meme token. Recent on-chain statistics indicate that the smart whale traded a whopping 850K coins to book a notable profit of $7.5 million.
The X account of dog-themed meme coin Dogwifhat was hijacked on Nov. 14 to promote several Solana-based tokens on the platform.
A dog-themed rival of Dogecoin (DOGE) is continuing its post-election ascent after gaining support from top US-based crypto exchange platform Coinbase.
Ripple (XRP) failed to impress in the previous bull rally, which peaked in March this year. However, in the current rally, XRP is setting the pace, with holders targeting $10.
Targets beyond $6 are likely, but a WIF drop below $3.9 would be an early warning sign for traders of a deeper pullback.
Meme coins are back in a big way. Dogecoin (DOGE) and Pepe Coin (PEPE) have surged nearly 100% in the past week, fueled by renewed interest in the broader crypto market.
Dogwifhat's (CRYPTO: WIF) 70% rally over the past seven days landed the popular meme coin a Coinbase listing, prompting traders to call for a Shiba Inu (CRYPTO: SHIB) like rally. What Happened: Following its Coinbase listing, one whale invested 12,400 Solana (CRYPTO: SOL) (worth $2.7 million) into WIF and Bonk (CRYPTO: BONK), purchasing 406,000 WIF at $3.87 each with 7,200 SOL.
WIF's market capitalization surpassed $4 billion, making it the 31st-largest cryptocurrency.
Brett (CRYPTO: BRETT), the meme coin dubbed ‘Pepe's best friend,' is rallying, with traders speculating a Coinbase listing might be in the making. What Happened: Brett is competing with several medium-sized meme coins, which have all seen strong rallies in light of Bitcoin breaking new all-time highs.
BONK, WIF, and POPCAT are poised to surge higher as cryptocurrencies gain attention following the US presidential election.
Story Highlights WIF memecoin on the verge of achieving a new ATH, surpasses the $4 mark. The SHIB price makes its investors 40% richer this week. Technical indicators record a bullish breakout in the coming time.
Major U.S. exchange Coinbase announced its intention to list both PEPE and Dogwifhat (WIF), in a surprise listing policy U-turn that sent meme token trading into a frenzy.
As Bitcoin (BTC) price rallied above $93k for the first time since its inception, it is now more than clear that the crypto bulls are in action.