The meme coin market has particularly exploded in 2024. Coins like dogwifhat have pumped considerably.
The broader crypto market is undergoing intense consolidation, with the heat blowing to high-performant meme coins like dogwifhat (WIF), PEPE and Telegram game Catizen (CATI). Per CoinGlass data, the industry has recorded a total liquidation of $98 million.
It was a good week for the crypto markets, but there are some retracements across the charts now.
The Awesome Oscillator made a bullish crossover and signaled a momentum shift on the daily chart, but can WIF break $2?
The cryptocurrency market continued its recovery trend in the second half of September, driven by speculation surrounding the Fed rate cut, which has now dropped to 475-500 basis points (BPS). Amid these dynamic market shifts, the meme cryptocurrency sector presents an attractive opportunity for speculative traders.
Dogwifhat (WIF) price, a Solana meme-based cryptocurrency, has experienced a notable increase in the past few days. WIF is currently on an upward curve and has recently developed a bullish configuration.
The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.
Memecoins on the Solana (CRYPTO: SOL) blockchain rallied sharply on Thursday as the broader cryptocurrency regained momentum following the Federal Reserve's aggressive rate cut. What happened: Canine-inspired token dogwifhat popped 6.55% in the last 24 hours, emerging as the market's biggest gainer among memecoins exceeding billion-dollar valuation.
The crypto prices today have continued generating market optimism, primarily with major coins maintaining an upward movement. Bitcoin (BTC) price crossed $64K, whereas Ethereum (ETH) and Solana (SOL) followed, trading in the green.
On September 19, 2024, following the rate cut announcement, Dogwifhat (WIF), the popular Solana-based meme coin appears poised for significant upside momentum. In recent days, the overall cryptocurrency landscape has been struggling to gain momentum, but the rate cut announcement has shifted the overall market sentiment.
Dogwifhat (CRYPTO: WIF) has surged 17% over the past 24 hours, following a wider market rally in light of the Federal Reserve's interest rate cut. What Happened: Crypto trader Bleeker stated that while the timeline is silent on WIF, he is "enjoying that.
With the price volatility in the crypto market recording a new high, the Bitcoin price has successfully surpassed $63k with an intraday gain of 5.13%. Following this, the memecoin market cap crossed the $41 billion mark for the first time in about a month.
dogwifhat has made a strong comeback, hiking by 9.65% over the past 24 hours, positioning WIF to hit a 2-month high of $2.9.
Smart money pounced on WIF's dip to accumulate, but this move could backfire, revealing potential risks.
Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains.
Bitcoin (BTC) saw considerable fluctuations over the weekend. It briefly pushed above $60,000 as market sentiment showed signs of shifting, resulting in a temporary jump of 6%.
WIF has experienced a strong upward momentum over the last month, now analysts are eyeing $10.
As the price of Bitcoin (BTC) retests its important resistance level of $60,000, the crypto market has regained momentum over the past few hours. Moreover, the market has recorded a jump of 1.97% within the past day and is currently valued at $2.09 Trillion.
Meme coins have been sliding in recent weeks. According to Coingecko, all meme coins' total market cap is around $42 billion.
Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.
The Dogwifhat (WIF) coin price was subdued on Thursday, trading little moved in the $1.5450 area as other major cryptos crawled higher.
Reduced monopoly helps SOL manage risks and stabilize value during market downturns.
The memecoin space is gaining strength as the top cryptos are trying hard to rise & sustain above the achieved resistances. The volume over the platform has increased by over 6% and the market capitalization has also risen by nearly 2.5%. While Dogecoin & Shiba Inu have been sustaining above $0.1 and $0.
dogwifhat is poised for a 10% price drop as on-chain metrics hint at a bearish signal.
In the current bearish market sentiment, Solana-based Dogwifhat (WIF) is poised for a potential price correction in the coming days. On September 11, 2024, WIF experienced a price drop of over 8% and is now there at a crucial level.
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Two dogwifhat whale addresses have been buying WIF over the past two weeks accumulating $33.5 million worth of WIF coins in their bags.
DogWifHat (WIF) gained after news of renewed activity from top 10 wealthiest wallets. WIF expects a return to $2 on renewed hype and rollover from other memes.
Dogwifhat (WIF) experiences increased whale accumulations and price volatility, highlighting the token's growing prominence in the meme coin market
Dogwifhat (WIF), a renowned dog-themed meme cryptocurrency, has recently emerged on the radars of crypto market traders and investors globally. Primarily, as whale accumulations for the token soared in recent days, market sentiments on the coin's future price action have turned optimistic.
Dog-themed meme coin Neiro (CRYPTO: NEIRO) is benefiting from a recent Binance futures listing, causing traders to foresee a bright future for the token. What Happened: Crypto trader The Solistice noted that Neiro is witnessing “insane volume,” with two times the trading volume of Dogwifhat (CRYPTO: WIF) at only 10% of its market cap.
The sellers exhibited extreme strength during the last week which dragged the crypto market capitalisation below $2 trillion. Although the markets seem to have recovered above the range, the fear of an extended bearish trend haunts the rally.
Story Highlights The live price of the WIF token is . Dogwifhat price prediction reveals a maximum of $10 by the end of 2024. WIF crypto with a potential surge, could go as high as $59.55 by the end of 2030. Dogwifhat (WIF) is the latest sensational memecoin of the Solana ecosystem.
SHIB's lead deciphers Shiba Inu's advantage over its younger peers as canine cryptos fight for dominance.
Dogwifhat defies the recent market downturn to experience sustained gains over the past 7 days. On weekly charts, WIF has surged by 9.23%
The crypto markets slipped into extreme fear over the weekend, with major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and several others losing considerable ground and dragging the combined crypto market cap below $2 trillion.
SLERF enjoys the highest DEX liquidity of all memecoins, including PEPE, FLOKI, and WIF.
There appears to have been a trend of comparing Shiba Inu (SHIB) to other meme coins like Dogecoin (DOGE), Pepe Coin (PEPE) and Dogwifhat (WIF). Shiba Inu's marketing lead LucieSHIB commented on this trend and noted that such comparisons are unwise.
Explore September's forecast for memecoins like Pepe (PEPE), Dogecoin (DOGE), Shiba Inu (SHIB), FLOKI, and Dogwifhat (WIF). Analyze price trends, resistance levels, and market sentiment to understand the potential rise or fall of these popular digital tokens.
WIF's rising Open Interest and positive Funding Rate suggest strong bullish reversal.
According to a Thursday announcement, Pepe (PEPE) and dogwifhat (WIF) are now available for trading on Kraken Pro in Canada.
Over the past 24 hours, the WIF price has surged a significant 8.09%, standing out as a major beneficiary in a 1.86% uptick among meme coins. This growth signals a potential significant reversal, with multiple traders forecasting a surge.
The popular Solana-based meme coin Dogwifhat (WIF) price is poised for a massive upside rally due to the bullish outlook from its on-chain metrics. Despite the recent price drop across the cryptocurrency market, WIF's open interest has continuously risen since the beginning of September 2024, according to CoinGlass data.
The open interest (OI) in Dogwifhat futures has spiked, signaling increased trading activity among futures traders.
With the crypto market reclaiming the $2 Trillion valuation, the memecoins have experienced a strong bullish bounce back in their respective valuations.
Memecoins have been hit hard over this long and grinding crypto correction. That said, $PEPE, $WIF, and $FLOKI are still well above their bull market support levels, and as soon as Bitcoin ($BTC) gives the green light, all can potentially surge much higher.
A widely followed cryptocurrency analyst and trader is offering his take on a real-world asset (RWA) project that's skyrocketed by over 40x since December of 2023. The trader pseudonymously known as Sherpa tells his 222,500 followers on the social media platform X that the RWA blockchain MANTRA (OM) is a “strong project.