dogwifhat

Date: Wed, Sept 11, 2024, 05:15 AM GMTThe cryptocurrency market has started showing signs of upside momentum, with <a href="https://coinsprobe.com/top-memecoins-pepe-wif-and-bonk-surges-in-bullish-rally-key-levels-to-watch/" rel="noopener noreferrer nofollow">memecoins </a>like Dogwifhat (WIF) leading the charge. Over the past seven days, WIF has surged by 5.36%, currently trading at $1.58 and boasting a market cap of $1.59 billion.In a significant development, <a href="https://x.com/lookonchain/status/1833701864443105330" rel="noopener noreferrer nofollow">Lookonchain</a> reported that two whales have accumulated a massive 20.58 million $WIF tokens, valued at $33.35 million, from Binance and Bybit in just two weeks. These whales began their buying spree on August 29, when WIF was trading at its lowest level of $1.40.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/ef02cd9c27f241bd94fcbebb75c15d10.jpeg" />Source: Lookonchain (X)These whales began their <a href="https://coinsprobe.com/wif-accumulation-whale-adds-13-59m-worth-of-tokens-in-just-4-days/" rel="noopener noreferrer nofollow">accumulation </a>spree on August 29, when WIF was trading at its lowest level of $1.40. Their strategic buying at this bottom level appears to have played a role in the recent price surge, signaling strong confidence in the future of Dogwifhat.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/75d28e03b7d848d5b561fb301e659f9d.png" />Currently, Dogwifhat (WIF) is making a strong attempt to break through its next resistance trendline at $2. This accumulation by large holders could be a sign of increasing confidence in WIF’s potential for further growth.Disclaimer:The information provided in this article is for informational purposes only and should not be considered financial or investment advice.Related Articles: <a href="https://coinsprobe.com/top-memecoins-pepe-wif-and-bonk-surges-in-bullish-rally-key-levels-to-watch/" rel="noopener noreferrer nofollow">Top Memecoins PEPE, WIF, and BONK Surges in Bullish Rally: Key Levels to Watch</a>

Whales Scoop Up 20.58M $WIF Worth $33.35M in Just 2 Weeks

CoinsProbe

Other articles published on Sep 11, 2024

Can WIF Memecoin Reverse Its Slide After a 7% Drop?

Bitcoin stumbles while Yen gains following the second U.S. presidential debate

Why Shiba Inu (SHIB) May Never Reach $1, $0.01, or $0.001

Fantom (FTM) Price Pumps 50%, But Is This a Bull Trap?

US August CPI Falls to 2.5%, Hinting at 1st Rate Cut Since 2020

Shiba Inu (SHIB) Suffering From 'Tremendous' FUD

Join our free newsletter for daily crypto updates!