DogWifHat Price Prediction as WIF Becomes 44th Biggest Coin in the World – Can it Overtake DOGE?
DogWifHat Mark Prediction as WIF Turns into forty fourth Biggest Coin in the World – Can it Overtake DOGE?
WIF has won by 1% as of late, with the DogWifHat ticket returning to $2.56 because the crypto market as a entire has stayed flat in the previous 24 hours.
The token has now become the forty fourth biggest coin out there by cap, even supposing its ticket will not be any doubt down by 26% in every week and by 36% in the previous fortnight.
It does, nonetheless, remain up by over 160,000% since itemizing in December, a percentage which underlines its mighty deliver.
And since the largest and most smartly-preferred Solana-primarily based meme coin, it would possibly perhaps perhaps perhaps perhaps presumably surely proceed rising up the market, even overtaking tokens reminiscent of SHIB and DOGE.
DogWifHat Mark Prediction as WIF Turns into forty fourth Biggest Coin in the World – Can it Overtake DOGE?
WIF has no doubt fallen by on the enviornment of 1% in the previous hour, and its chart displays this noticeable lack of momentum.
Its relative energy index (purple) has dropped from on the enviornment of 60 earlier this morning to 40 as of writing, with its trajectory suggesting that more losses would possibly perhaps well perhaps presumably be coming before the coin rights itself.
At the identical time, its 30-day moderate (orange) is accrued slipping downwards, signaling that the coin is struggling to assemble any excessive impetus in the stop to term.
Having mentioned that, WIF’s trading quantity is encouragingly excessive, standing at $700 million as of late, in inequity to $30 million at the tip of February.
Such excessive quantity has largely followed from fresh alternate listings, with OKX announcing its make stronger for WIF simplest a few days ago.
Recent Space Itemizing 📢 $MEW @Mewsworld and $WIF @dogwifcoin will seemingly be listed on #OKX!
▶ Deposits: OPEN 🟢
📈 $MEW Space trading: 8:00 am Apr 15 (UTC)
📈 $WIF Space trading: 9:00 am Apr 15 (UTC)More: https://t.co/zCnI8TDmnQ pic.twitter.com/OJffIqMGAt
— OKX (@okx) April 15, 2024
There’s also ongoing speculation that, at some point soon, Coinbase will seemingly be part of the relaxing with its hold itemizing, something which can perhaps perhaps presumably propel the DogWifHat ticket even additional.
But the coin would possibly perhaps well perhaps presumably unprejudiced want to aid for the broader market to shriek more certain despite the indisputable reality that before it doesn’t anything else excessive, with the capacity for a miner-led BTC selloff (which has already begun to a diploma) serving to depress sentiment in the mean time.
If such a selloff happens, then we would possibly perhaps well perhaps presumably unprejudiced no longer gaze WIF recover substantially for at the least several months.
Nonetheless, there are reasons to be more optimistic, with the Bitcoin halving also having the prospect to pork up the story surrounding the cryptocurrency market.
On prime of this, the Federal Reserve is seemingly to introduce some payment cuts this yr, a switch that would possibly perhaps well perhaps presumably develop investor skedaddle for food for more speculative property.
At the side of future listings, this would possibly perhaps perhaps perhaps perhaps push the DogWifHat ticket as a lot as $3 but again by the summer season after which to $4 by Q4 2024.
Recent Meme Tokens for Recent Big Rallies
Assuming that WIF has to aid for more wide actions, some merchants would possibly perhaps well perhaps presumably unprejudiced desire to peep to newer meme coins, with several presale tokens wanting in particular warm correct now.
One amongst those is Slothana (SLOTH), a Solana-primarily based coin that has raised bigger than $10 million in its presale, which will lead to precisely under 12 days.
🌿📜 And lo, Slothana, in its everlasting wisdom and benevolence, hath decreed: ‘Behold, there are however twelve days final except the dawn of a brand fresh generation.’ 🚀 Let us put together our hearts and minds, for the age of Slothana draws stop to. Would perhaps perhaps the positive components and Lambos be bestowed upon us all.…
— Slothana (@SlothanaCoin) April 17, 2024
Created by the identical crew that launched the a success Smog (SMOG) token, Slothana has already attracted loads of buzz.
Right here’s evident no longer simplest its presale total, however also in the reality that its decent X legend now boasts bigger than 19,000 followers.
This implies that SLOTHANA has already been a success in mercurial constructing up its hold neighborhood, which will shriek instrumental in supporting the token over the upcoming months.
Its emergence comes at a time when many Solana-primarily based coins have outperformed the total market, with the aforementioned DogWifHat being primarily the most necessary example.
As such, SLOTHANA would possibly perhaps well perhaps presumably without grief tap into an ongoing skedaddle for food for buzzy meme tokens, as urged by its a success presale.
Whereas it has no longer as a lot as two weeks to skedaddle, merchants can accrued be part of the token offering by going to the Slothana web sing.
They’ll aquire SLOTH at a payment of 1 SOL for 10,000 SLOTH, which works out at spherical $0.019393 per coin.
Tokens will then be airdropped to merchants, with the coin itemizing – and potentially surging – rapidly after.
Visit Slothana Now
Disclaimer: Crypto is a excessive-ache asset class. This text is equipped for informational purposes and does no longer constitute funding advice. You would lose your entire capital.
Source : cryptonews.com
