As Bitcoin falls to $6100, the altcoin market is experiencing a bearish trend. Some leading coins are performing flat, lacking any significant price action. However, the current situation has not affected DogWifhat, as it has surged 23% in the past 24 hours and continues to trade at an average level of $2.04.
DogWifHat Price Action
Source: Twitter
As one of the most popular cryptocurrencies on Solana, DogWifhat has been gaining popularity recently. Despite the bearish market, the token has seen a green uptrend, sparking hope among investors. At the time of writing, WIF is up 2%, hovering around the $2.04 price range.
Launched in November 2023, WIF’s introduction was nothing short of a grand gathering. Since its launch, the token has skyrocketed by over 3000% and continues to attract market attention while drawing in users.
The recent price surge of WIF is mainly attributed to a significant amount of whale activity the token has experienced recently. In the recent price dip, these whales have acquired nearly 2.06 million WIF.
WIF June End Prediction
According to CoinCodex, significant fluctuations in the price of WIF may occur before the token stabilizes to a larger extent. CC predicts that by the end of June, the token will soar by 222%, reaching a new price level of $6.
“Based on our current forecast for the Dogwifhat price, we expect the price of Dogwifat to increase by 222.11% to $6.64 by July 26, 2024. According to our technical indicators, the current sentiment is bearish, and the Fear and Greed Index shows 46 (Fear). Dogwifhat has recorded 10/30 (33%) green trading days, with a price volatility of 23.18% over the past 30 days.”
By July 3, the platform predicts that the token will start to rise. The token could surge by 47%, reaching the previous price of $3.
“The future 30-day Dogwifhat price prediction is based on the positive/negative trend over the past 30 days. According to these Dogwifat forecasts, WIF will trade at $3.03 by July 3, 2024, rising by 47.29% in the process.”
