Smart buyers are looking at cheap tokens with much room to grow as the cryptocurrency market gets ready for its next big rise
Exploring odds of WIF's sustained recovery to $2 ahead of key US inflation data.
ogwifhat (WIF) price rose 16% to $1.37 after the team announced progress on their community-funded Las Vegas Sphere display project planned for January 2025
During the first days of launch, Abstract, the layer-2 of Ethereum launched by Pudgy Penguins, is encountering difficulties in gathering liquidity.
Just $33 million worth of ether and stablecoins is currently deployed on Abstract.
On Wednesday, Dogwifhat (WIF) led the crypto market with a 16% surge to $1.37, becoming one of the best-performing cryptocurrencies in the last 24 hours. The token swam against the current as most of the top memecoins recorded red numbers, leading analysts to suggest a possible breakout for the token.
The likely scenario for the Pudgy Penguin memecoin was a bounce to to collect liquidity before continuing its downtrend.
The popular Solana meme coin Dogwifhat (WIF) is poised for a bullish trend reversal as it appears to have completed a macro double-top correction.
Analysts say Bitcoin must reclaim $103,000 support level to continue rally.
The crypto market is back in the red as the fallout from Monday's collapse continues to impact traditional and risk assets. Bitcoin (BTC) has struggled to build momentum, nearly slipping below $100,000 as it dropped to a low of $100,265 before recovering and moving to its current level of $101,600.
The forced closure of $2M short positions triggered a surge in buying pressure that saw WIF make a strong rebound above $1.
Nine months ago, the team raised $700,000 and promised to put the Dogwifhat logo on the Sphere. The WIF community is still waiting.
TL;DR Dogwifhat (WIF) has risen 8.90% in the last 24 hours, standing out among other popular cryptocurrencies like Dogecoin and Shiba Inu. Despite a widespread market decline, WIF has seen a significant increase in its trading volume and investor interest.
The crypto market's recovery has not benefited all altcoins, as some continue to face sharp declines. While Bitcoin holds steady at $102,200, several altcoins remain in a downtrend, struggling to regain momentum.
Dogwifhat (WIF), a prominent player in the memecoin market on the Solana blockchain, has recently captured the attention of the crypto community with a significant surge in trading activity.
Dogwifhat (CRYPTO: WIF) is bouncing back from a prolonged downtrend, prompting traders to speculate whether the popular meme coin has finally found its bottom. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogwifhat (CRYPTO: WIF) $1.35 $1.3 billion +18% -6.4% Dogecoin (CRYPTO: DOGE) $0.3288 $48.6 billion -1.6% -10% Shiba Inu (CRYPTO: SHIB) $0.00001844 $10.9 billion -2.9% -10% Trader Notes: Pseudonymous trader TheFlowHorse sees WIF as a strong play for a potential bounce, while prominent analyst Kevin highlighted to his followers that WIF hit “peak fear” under one dollar.
In the last 24 hours, dogwifhat (WIF) has surged by a notable 16% in price as it begins another rebound journey toward the $2 mark. According to CoinMarketCap data, WIF climbed 16.34% up to $1.34.
DogWifHat (WIF) is gaining attention again, with new buys from influencers, as well as whale rollovers from TRUMP. The token rallied by over 30% to bounce from recent lows under $1.
dogwifhat (WIF) soared a massive 20% in a single four-hour candle earlier today as a whale wallet purchased 900K WIF tokens.
Despite increased liquidations in the crypto space, the Solana-based Dogwifhat memecoin has outperformed top altcoins with its impressive rally overnight. Notably, the WIF price today has successfully retested its crucial support level with a bullish recovery of over 13%.
With key support levels being tested and RSI nearing oversold territory, is this the moment for a turnaround for Dogwifhat?
PENGU price has plunged nearly 26% in the last 24 hours, reaching its lowest levels ever. Once the biggest meme coin on Solana, it has now been overtaken by TRUMP, BONK, and DOGWIFHAT.
Igloo Inc. just launched its consumer-focused Ethereum layer-2 chain Abstract, but Pudgy Penguins assets are falling amid benefit gripes.
The crypto market managed to recover Monday's sharp losses, but the volatility left a lasting impact on several altcoins. Despite the broader market rebound, some tokens failed to recover fully, with the drawdown leaving them vulnerable.
The crypto market is either going to recover and head into the next stage of the bull run, or we are already entering the bear market. With the former thesis in mind, where are the discount levels to buy $DOGE, $PEPE, and $WIF?
Igloo Inc., the company behind Pudgy Penguins, has officially launched Abstract Chain. Abstract is an Ethereum (ETH) layer-2 blockchain built to simplify access to Web3 applications.
In an astounding development, Abstract Chain, an Ethereum Layer-2 network launched by Pudgy Penguins' parent company, Igloo Inc., has gone live on the mainnet. Reportedly, the Ethereum-based Layer 2 blockchain is designed to empower crypto communities and facilitate user-centric Web3 applications.
How the larger Igloo ecosystem benefited PENGU's price in the last 24 hours.
Bitcoin (BTC) witnessed a sudden slump late on Sunday as the price plummeted from around $105,000 to an intraday low of $100,905. The flagship cryptocurrency is struggling to recover and is trading around $101,400, having dropped over 3% over the past 24 hours.
While newcomer TRUMP steals the spotlight, WIF holds its ground in the memecoin arena.
A tale of two traders - How PENGU's retail and whale investors are shaping the token's destiny.
WIF's price action could change for the better in the near term soon.
After a prolonged period of downside momentum, Dogwihat (WIF), a popular Solana-based meme coin, is poised for a massive upside movement. This positive outlook can be attributed to the formation of bullish price action and the rising interest from traders over the past 24 hours.
PENGU token breaks above $0.028 resistance level with $430.56 million in trading volume, showing technical strength despite recent weekly volatility.
PENGU's breakout above $0.028 sparks optimism as Funding Rates and trading volume surge.
After bottoming out earlier in the week, PENGU continued its recovery on Jan. 23 with a sharp rally, fueled by community anticipation of the Abstract mainnet launch and related speculation. The Pudgy Penguins (PENGU) token rose 8.
Pudgy Penguins (PENGU) has become the market's top gainer, rising 6% in the past 24 hours. At the time of writing, the meme coin is trading at $0.025.
Whale-driven activity sparks questions as PENGU rebounds, setting sights on key resistance levels.
Bitcoin (BTC) has gained nearly 3% over the past 24 hours, approaching its all-time high at one point as the Trump administration completed its first day in office. Markets were choppy but stabilized after the United States Securities and Exchange Commission unveiled plans to overhaul rules and regulations for the sector.
Dogwifhat [WIF] has been experiencing notable market fluctuations, with a recent sharp decline of nearly 19% over the past 24 hours. While this sudden drop was largely influenced by a wider market downturn, signs suggest that the altcoin may be positioning itself for a rebound, possibly aiming for a new all-time high (ATH) at $5.
WIF seems positioned for a major swing; however, market indicators are not entirely in alignment.
Here is how some of your favorite assets concluded the week.
The 3-month liquidation heatmap highlighted the $2.25 zone as a strong magnetic zone and the next price target.
NFT market momentum was evident this week alongside broader crypto gains, as Bitcoin surpassed $103,000. Bitcoin (BTC) NFTs, meanwhile, fell 10.9% to $27.5 million, though buyer participation soared 174.98% to 23,827.
De bekende Solana meme coin, dogwifhat (WIF), is vandaag met zo'n 8% gestegen naar $1,85. Momenteel ligt hij onder een sterke resistance, maar als hij hier bovenuit weet te breken, kan de meme coin met nog eens 50% stijgen.
Dogwifhat's (WIF) price has surged over 8% in the last 24 hours despite being down 36% over the past 30 days. As the sixth-largest meme coin, it remains a significant player in the market.
WIF rebounded from the $1.35 support, just like other cryptos across the market.
Dogwifhat (WIF), a popular Solana-based meme coin, is showing signs of reversing its prolonged downtrend, which began in December 2024. After experiencing a drop of over 60%, WIF has formed a bullish price action pattern on its daily time frame and is poised for a massive upside rally.