April

Reversal

<p>Solana-based popular meme coin Dogwifhat (WIF) has surged 15% in the last 24 hours reversing its price trajectory and moving towards its new all-time high above $4.60. This healthy bounceback comes after a week of <a href="https://coingape.com/dogwifhat-wif-price-tanks-10-end-of-bull-party-or-healthy-correction/" target="_blank" rel="noopener">WIF price correction</a> in April. As of press time, the Dogwifhat (WIF) price is trading at $4.14 with a market cap of $4.13 billion. Moreover, the daily trading volume has also surged by 35% to more than $615 million.</p> 
<h3 id="investor-interest-in-dogwifhat-growing-again">Investor Interest in Dogwifhat Growing Again</h3> 
<p>Interestingly, after a week of consolidation, current media trends indicate that WIF may have reached a potential turning point. Santiment’s Social Dominance metric gathers data from various media platforms to track the level of media traction surrounding a specific cryptocurrency project.</p> 
<p>Following the excitement surrounding WIF’s remarkable 505% price rally in March 2024, media attention on the project declined in the first week of April. However, in the last 48 hours, WIF’s social dominance has doubled from 0.04% to 0.08%. This suggests that after a week of stagnant price action, Dogwifhat has begun to regain media attention.</p> 
<figure id="attachment_190295" aria-describedby="caption-attachment-190295" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-190295" src="https://coingape.com/wp-content/uploads/2024/04/Dogwifhat-WIF-Social-Dominance.png" alt="" width="3184" height="1518" srcset="https://coingape.com/wp-content/uploads/2024/04/Dogwifhat-WIF-Social-Dominance.png 3184w, https://coingape.com/wp-content/uploads/2024/04/Dogwifhat-WIF-Social-Dominance-300x143.png 300w, https://coingape.com/wp-content/uploads/2024/04/Dogwifhat-WIF-Social-Dominance-1224x584.png 1224w, https://coingape.com/wp-content/uploads/2024/04/Dogwifhat-WIF-Social-Dominance-768x366.png 768w, https://coingape.com/wp-content/uploads/2024/04/Dogwifhat-WIF-Social-Dominance-1536x732.png 1536w, https://coingape.com/wp-content/uploads/2024/04/Dogwifhat-WIF-Social-Dominance-2048x976.png 2048w, https://coingape.com/wp-content/uploads/2024/04/Dogwifhat-WIF-Social-Dominance-150x72.png 150w" sizes="(max-width: 3184px) 100vw, 3184px">
 <figcaption id="caption-attachment-190295" class="wp-caption-text">
  Courtesy: Santiment
 </figcaption>
</figure> 
<h3 id="the-wif-price-action">The WIF Price Action</h3> 
<p>Regarding recent price movements, the value of WIF experienced a notable increase of 505% from March 1 to March 31. However, it encountered a subsequent pullback of 33.9% from April 1 to April 6.</p> 
<p>For now, the immediate price resistance for Dogwifhat is $4.60 in the near term. However, if the bulls manage to absorb the selling pressure at this point, we could be seeing a decisive breakout in the WIF price to $6 and even more.</p> 
<p>Since its inception last year December 2023, the Dogwifthat price is already trading at over 2,300% gains. A prominent on-chain metrics and price forecasting company has offered an optimistic outlook for the WIF token. According to a new <a rel="nofollow" href="https://coincodex.com/crypto/dogwifhat/price-prediction/" target="_blank">forecast</a> by CoinCodex, the Dogwifhat cryptocurrency could potentially reach $17 in market indices. The projection suggests that WIF’s trading range in 2025 could vary between $3.68 and $17.43.</p> 
<p>The forecast highlights a potential high of $17 and a low of $3.6 for WIF. Achieving a price of $17 would signify a surge of approximately 325% from its current value of $4.</p> 
<p>The post <a href="https://coingape.com/dogwifhat-wif-price-jumps-15-with-trend-reversal-eyeing-new-all-time-high/">Dogwifhat (WIF) Price Jumps 15% With Trend Reversal Eyeing New All-Time High</a> appeared first on <a href="https://coingape.com">CoinGape</a>.</p>

Dogwifhat (WIF) Price Jumps 15% With Trend Reversal Eyeing New All-Time High

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