DogWifHat How High Can WIF Peak in June this Year

CoinDesk Report:
Amid Bitcoin’s drop to $61,000, the altcoin market is facing a wave of bearish sentiment. Several leading tokens are showing lackluster performance, with no significant price action. However, the current situation has not impacted Dogwifhat, which has surged 23% in the past 24 hours and continues to trade at an average level of $2.04.
DogWifHat Price Trend
DogWifhat is one of the most popular cryptocurrencies on Solana and has recently gained popularity. Despite the bearish market, the token’s rise has sparked hope among investors. At the time of writing, WIF is up 2%, trading around $2.04.
Launched in November 2023, WIF has seen a remarkable rebound since its inception, with a surge of over 3000% and significant market attention.
The recent price increase of WIF is mainly attributed to substantial whale activity. During the recent price downturn, whales have purchased nearly 2.06 million WIF tokens.
WIF Forecast for the end of June
According to CoinCodex, WIF’s price may experience significant fluctuations before achieving greater stability. 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 price forecast for Dogwifhat, we expect Dogwifhat’s price to increase by 222.11% and reach $6.64 by July 26, 2024. According to our technical indicators, the current sentiment is bearish, with a Fear and Greed Index showing 46 (Fear). Dogwifhat has recorded 10/30 (33%) green days in the past 30 days, with a price volatility of 23.18%.
The platform predicts that the token will start rising by July 3, potentially increasing by 47% to reach the previous price level of $3.
“The future 30-day price forecast for Dogwifhat is based on predictions of positive/negative trends in the past 30 days. According to these Dogwifhat forecasts, WIF is expected to change hands at $3.03 on July 3, 2024, with a 47.29% increase in the process.”