{"id":595939,"date":"2024-03-02T13:00:24","date_gmt":"2024-03-02T13:00:24","guid":{"rendered":"https:\/\/ktsl888.com\/?p=595939"},"modified":"2024-06-11T08:34:13","modified_gmt":"2024-06-11T08:34:13","slug":"dogwifhat-what-memecoin-barges-into-86th-spot-with-320-rally-whats-going-on","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/dogwifhat-what-memecoin-barges-into-86th-spot-with-320-rally-whats-going-on\/","title":{"rendered":"Dogwifhat What? Memecoin Barges Into 86th Spot With 320% Rally – What’s Going On?"},"content":{"rendered":"
The strong ascent of Dogwifhat (WIF) has made it stand out among cryptocurrencies and captivated investors. Crypto markets are gearing up for the first weekend of the month, and memecoins in particular are showing strong signs of positive momentum.<\/p>\n
Amidst the increased hope, the meme coin based on Solana experienced an incredible 320% rally last week, propelling WIF to the top 100 cryptos from a valuation of $1 billion or more. However, why has this ascent been so rapid?<\/p>\n
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At the time of writing, the price of Dogwifhat<\/a> had increased 35% to $1.20, and its trading volume had surged 75% to $388 million. Over the past day, the value of one WIF token has fluctuated between $0.83 and $1.32.<\/p>\n Withstanding sufficient bullish and bearish pressures, WIF has been trading within an ascending parallel channel since its debut. In spite of this, bulls should be prepared to fight fiercely against any bearish pressures that may arise.<\/p>\n <\/p>\n As a result, we anticipate that the WIF price will first reach $1.5 after continuing its upward consolidation along the parallel channel’s upper resistance. If the bulls keep on their momentum, getting to $2 might not be too difficult for dogwifhat pricing.<\/p>\n Robinhood Europe’s IPO of the WIF token occurred at the same time as Dogwifhat’s stratospheric ascent in the cryptocurrency hierarchy. European customers of Robinhood can now trade WIF in addition to a plethora of well-established tokens, such as XRP, Cosmos, and Polkadot.<\/p>\n The fucking hat stays on.<\/p>\n Who is $WIF<\/a> me? pic.twitter.com\/Cq0eNp6JTp<\/a><\/p>\n \u2014 Arthur Hayes (@CryptoHayes) March 1, 2024<\/a><\/p><\/blockquote>\n The anticipation for the Robinhood listing was reaching a peak, and former BitMEX CEO Arthur Hayes was among the many who took to social media to voice their opinions.<\/p>\n X influencer “OSF” has fueled rumors that other major exchanges like Coinbase, Binance, or Gemini may soon join Robinhood in listing Dogwifhat, which is a huge deal for everyone.<\/p>\n Honestly mental that $WIF<\/a> is about to hit $1bn market cap and still isn\u2019t listed by @coinbase<\/a>, @Gemini<\/a> or @binance<\/a>. pic.twitter.com\/Jk0gpWy5ME<\/a><\/p>\nBitcoin is now trading at $61.921. Chart: TradingView.com<\/a><\/pre>\n
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