Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Bitcoin faces risk of pullback amid rising exchange reserves

    July 21, 2025

    Pump Fun ICO raises $600M as PUMP traders dodge sale restrictions

    July 21, 2025

    Pump.fun’s Alon reacts to news about an alleged PUMP airdrop on July 24

    July 21, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram LinkedIn
    Ai Crypto TimesAi Crypto Times
    • Altcoins
      • Coinbase
      • Litecoin
      • Bitcoin
    • Ethereum
    • Crypto
    • Blockchain
    • Lithosphere News Releases
    Ai Crypto TimesAi Crypto Times
    Home » here’s why Dogwifhat has a 155% upside
    Crypto

    here’s why Dogwifhat has a 155% upside

    James WilsonBy James WilsonJuly 3, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Dogwifhat price rose for the second consecutive day as Bitcoin and most Solana meme coins jumped.

    Dogwifhat (WIF) token rose to around $0.92 on July 3, up by 43% from its lowest level this week. Other top Solana (SOL) meme coins like Bonk, Fartcoin, and Pudgy Penguins have also rebounded. 

    WIF may have further upside, as on-chain data points to increased whale accumulation. According to data compiled by Nansen, Dogwifhat whales now hold 39 million tokens, up from 38.4 million last month, their highest level since June 28. This suggests that larger holders expect the rally to continue.

    Additional data reveals that the top 100 addresses have also increased their positions in recent weeks. They now hold over 771 million WIF tokens, compared to 746 million in June.

    Dogwifhat top 100 addresses
    Dogwifhat top 100 addresses | Source: Nansen

    Holders are also moving WIF off exchanges, typically a sign of long-term conviction. Exchange balances have dropped by 2% over the past 30 days, now sitting at 581 million tokens.

    Furthermore, Dogwifhat’s price will likely participate in the crypto bull run that may occur in the second half of the year. The potential catalysts for this rally include the Federal Reserve’s interest rate cuts, increased institutional demand, and the Securities and Exchange Commission’s approval of spot exchange-traded funds. 

    WIF price has bullish technicals

    WIF price
    Dogwifhat price | Source: crypto.news 

    The daily chart indicates further upside may be likely. WIF has broken above its 50-day Exponential Moving Average, signaling growing bullish momentum.

    The token has also completed a breakout from a falling wedge, a bullish reversal pattern marked by two descending, converging trendlines. Price has decisively moved above the wedge’s upper boundary.

    In addition, Dogwifhat is forming a classic cup-and-handle pattern, with the cup’s upper edge at $1.34 and the base near $0.3185. The cup has a depth of approximately 76.26%, and the falling wedge comprises the handle portion of the formation.

    Measuring the projected breakout target from the pattern’s depth places the next major resistance at $2.37, roughly 155% above current levels. A bullish confirmation would occur if WIF breaks above the cup’s rim at $1.3473.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    James Wilson

    Related Posts

    Bitcoin faces risk of pullback amid rising exchange reserves

    July 21, 2025

    Pump.fun’s Alon reacts to news about an alleged PUMP airdrop on July 24

    July 21, 2025

    UK weighs £5 billion Bitcoin sell-off to help plug budget gap

    July 21, 2025
    Leave A Reply Cancel Reply

    Our Picks
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    Bitcoin faces risk of pullback amid rising exchange reserves

    Crypto July 21, 2025

    Bitcoin may be entering a short-term correction phase, as on-chain and market sentiment indicators flash…

    Pump Fun ICO raises $600M as PUMP traders dodge sale restrictions

    July 21, 2025

    Pump.fun’s Alon reacts to news about an alleged PUMP airdrop on July 24

    July 21, 2025

    Coinbase spends $17k per day to protect Brian Armstrong from tequila

    July 21, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Dow rises 400 points as stocks soar on Trump’s EU tariff delay

    May 27, 2025

    Will Tron price rise as crypto billionaire Justin Sun meets Trump?

    May 23, 2025

    Crypto Czar and Republican Congressmen hope for legislation

    June 29, 2025
    Recent Posts

    Bitcoin faces risk of pullback amid rising exchange reserves

    July 21, 2025

    Pump Fun ICO raises $600M as PUMP traders dodge sale restrictions

    July 21, 2025

    Pump.fun’s Alon reacts to news about an alleged PUMP airdrop on July 24

    July 21, 2025

    Type above and press Enter to search. Press Esc to cancel.