dogwifhat Research Hub | WIF information, history and analysis
Dogwifhat (WIF) is one of the most rapidly growing meme coins on the Solana blockchain in recent days. WIF’s value has increased from 0.004 USD to 0.2 USD in less than a week of its launch, representing a 5,000-fold growth. The design of Dogwifhat (WIF) was inspired by the image of a SHIBA INU dog wearing a knitted hat, which is full of entertainment and humor.
Unlike many memecoin projects on the market that are designed with cartoons and drawings, Dogwifhat was born with a real image of a Shiba dog, which has sparked interest in the memecoin community. Despite the fact that it was only recently launched and has few technological applications, the Dogwifhat (WIF) community has grown admirably. Specifically, dogwifhat (WIF) has nearly 40,000 Twitter followers and 13,000 Telegram followers.
WIF is a native coin of the dogwifhat project, operating on Solana according to SPL standard. WIF is a memecoin so it currently does not have many uses in the Solana ecosystem.
WIF trading volume is $75.76m. Market capitalization reaches $440.97m.
WIF broke through 11,860 VNDC, changed -12.19% in the last 24 hours. Trading volume was $47.03m. Market capitalization was below $456.37m.
WIF broke through 12,293 VNDC, changed -9.5% in the last 24 hours. Trading volume was $44.98m. Market capitalization was below $476.84m.
WIF broke through 12,896 VNDC, changed -7.04% in the last 24 hours. Trading volume was $47.61m. Market capitalization was below $503.87m.
WIF trading volume is $158.84m. Market capitalization reaches $682.92m.
Technical analysis indicates that WIF may soon rebound, supported by key indicators such as the TD Sequential buy signal and oversold RSI. Additionally, the Whale Index shows large holders accumulating WIF, suggesting increasing buying pressure and market optimism.
The Funding Rate trends reveal a slight negativity, with shorts paying longs, indicating a positive shift in market sentiment. Along with the bullish indicators, large holders are accumulating WIF and anticipating a price rise, further solidifying expectations of a potential uptrend.
WIF trading volume is $159.7m. Market capitalization reaches $771.23m.
WIF trading volume is $112.18m. Market capitalization reaches $581.39m.
WIF broke through 15,031 VNDC, changed -15.56% in the last 24 hours. Trading volume was $99.54m. Market capitalization was below $581.35m.
WIF has plummeted 86% from its all-time high (ATH) of 4.83 USD and is currently at 0.62 USD. The memecoin market is experiencing significant downturns, with a combined market cap decrease of 42%, creating uncertainty among investors.
The ongoing competition among over 11 million cryptocurrencies is further impeding WIF’s recovery. With the memecoin market showing substantial losses across various time frames, investors are questioning whether now is the time to buy low or wait for a potential rebound.