Key takeaways
Dogwifhat’s price prediction suggests a recovery to $3.79 by the end of 2024.
WIF could reach a maximum price of $10.46 by the end of 2027.
By 2030, WIF’s price may surge to $17.06.
Remember Dogecoin and Shiba Inu? The popular dog-themed memecoins!
Dogwifhat (WIF) is another dog-inspired memecoin built on the Solana blockchain. Despite being relatively new on the market (launched in November 2023), the “dog wif a hat” project saw remarkable success post-launch.
Following the exchange listing of the token on Binance, and the popular “Sphere Wif Hat” campaign that led to a crowdfunding of over 690,000 USDC, the value of WIF surged, temporarily usurping PEPE coin in late March 2024 to rank as the 3rd largest memecoin behind Dogecoin (DOGE) and Shiba Inu (SHIB).
Having no utility, the success of dogwifhat (WIF) has birthed other spinoffs, Catwifhat, Simbawifhat, Wenwifhat, Bonkwifhat, with more hat-wearing dog memecoins expected to hit the market soon. Having closed in on the $5 mark on March 31, 2024, and also recapturing $2.6 in late September, can WIF reach $10 soon?
Let’s explore the current market sentiments, and the possibilities of WIF reaching new all-time highs (ATHs).
Overview
CryptocurrencyDogwifhatTickerWIFCurrent price$2.26Market cap$1,466,244,036Trading volume$788,285,635Circulating supply998,845,406 WIFAll-time high$4.85 on March 31, 2024All-time low$0.0677 on January 8, 202424-hour high$2.4924-hour low$2.19
Dogwifhat price prediction: Technical analysis
MetricValuePrice Prediction$7.50 (227.31%)Volatility (30-day Variation)17.78%50-day SMA$1.71714-Day RSI69.26SentimentBullishFear & Greed Index42 (Fear)Green days19/30 (43%)
Dogwifhat (WIF) price analysis: WIF declines, potential buying opportunity?
TL;DR Breakdown
Dogwifhat (WIF) is currently bearish.
WIF’s critical support level is present at $2.103.
Dogwifhat’s resistance is present at $2.641.
The Dogwifhat (WIF) price analysis for October 2 shows a bear market for the token and the possibility of further price dips if the negative sentiment persists. However, a breakout above $2.6 could see WIF breach higher resistance levels.
Dogwifhat price analysis 1-day chart: WIF to retest support at $2.103?
The WIF/USD 1-day price chart shows WIF trading below $2.3 after testing resistance at $2.641. WIF’s descent in the past 24 hours mirrors Solana’s price trajectory.
WIF/USD to retest support at $2.103?
Recent price movements indicate a bullish trend, though the current pullback suggests some market consolidation before attempting to retest the key resistance level at $2.641. In case of a bull run, investors can look out for higher resistance levels at $2.902, and $3.357, which will be significant targets.
The RSI is at 66.06, nearing overbought territory (above 70), indicating that the price could see a temporary correction or consolidation. Traders and investors should watch for a breakout above $2.6, while monitoring support at $2.103 and $1.959 as potential entry points if the price dips further.
Dogwifhat price analysis 4-hour chart: WIF is bearish in the short term
The 4-hour WIF/USDT chart shows a bearish trend with the price at $2.201, just below the middle Bollinger Band at $2.399, suggesting continued downward pressure.
WIF/USD is bearish in the short term
The MACD indicator shows a bearish crossover, with the MACD line crossing below the signal line and histogram bars turning red. Traders should watch the $2.193 support level for signs of a reversal, while resistance at $2.399 remains a key barrier to further upward movement.
Dogwifhat technical indicators: Levels and action
Daily simple moving average (SMA)
PeriodValue ($)ActionSMA 32.05BUYSMA 52.17BUYSMA 102.16BUYSMA 211.912BUYSMA 501.717BUYSMA 1001.884BUYSMA 2001.939BUY
Daily exponential moving average (EMA)
Period Value ($)ActionEMA 31.878BUYEMA 51.765BUYEMA 101.675BUYEMA 211.706BUYEMA 501.894BUYEMA 1002.08BUYEMA 2002.09BUY
What to expect from WIF price analysis?
Our analysis shows that the WIF market sentiment is trending downward in the meantime. The move comes as WIF drops lower with failed attempts to break above $2.6. The bearish scenario could take WIF down to the $2.1 region.
Is Dogwifhat a good investment?
Dogwifhat has experienced notable price fluctuations, particularly with a substantial increase in value between February and May 2024. While analysts hold diverse opinions on the future of this meme coin, the prevailing sentiment is optimistic. Projections indicate that by 2030, the price could rise to between $12 and $16.
Where to buy WIF?
Currently, traders and investors can buy Dogwifhat (WIF) on these CEXs: Binance, KuCoin, HTX, Bybit, Bitget and several others.
Why is WIF down?
After the recent bullish wave that saw WIF go past $2.5, the token hit resistance at $2.643 and lost momentum, falling below $2.3. Regardless, WIF has gained 51% over the past 30 days, 11% over the past week and could recapture the recent highs soon.
Will WIF reach $10?
Having already reached about $5 on March 31, 2024, the $10 target might not be too far-fetched. Predictions by analysts suggest the token could surpass $10 as soon as 2030.
Will WIF reach $100?
Dogwifhat (WIF) reaching $100 is highly ambitious and would require exceptional growth, widespread adoption, and wild market speculation.
Does WIF have a good long-term future?
WIF has potential for a good long-term future if it continues to gain popularity and adoption. Analysts project a market price of about $3 by 2025 and $14 by 2030. However, as with all meme coins, WIF’s future is uncertain and highly dependent on market trends and community support.
Recent news/opinion on WIF
Dogwifhat (WIF) topples BONK to become the largest Solana memecoin by market cap. Having made 14% gains in 24 hours and 33% over the past week, WIF has recaptured the $2 mark, and sits at #52.
Dogwifhat price prediction October 2024
If the bulls back WIF, the token could break out reaching a peak of $2.85, and an average trading price of $2.32 in October 2024. A bearish outlook for the market could see WIF drop to as low as $1.80.
Dogwifhat price predictionPotential Low ($)Average Price ($)Potential High ($)WIF price prediction October 20241.802.322.85
Dogwifhat price prediction 2024
Impactful updates and community support in Q4 of 2024 may cause the value of WIF to surge, reaching a maximum value of $3.79. On the flip side, negative market sentiments could knock WIF down to a minimum price of $1.398. On average, the WIF token could trade around $2.89.
Dogwifhat price predictionPotential Low ($)Average Price ($)Potential High ($)Dogwifhat price prediction 20241.3982.873.79
Dogwifhat price prediction 2025-2030
YearPotential Low ($)Average Price ($)Potential High ($)20254.895.635.8420266.717.738.2920278.759.8410.4620289.0210.8911.78202910.8011.3512.38203015.3516.5817.06
Dogwifhat (WIF) price prediction 2025
The WIF price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $5.84. Based on expert analysis, investors can expect an average price of $5.63, and a minimum price of about $4.89.
Dogwifhat price forecast 2026
According to the WIF price forecast for 2026, Dogwifhat is anticipated to trade at a minimum price of $6.71, a maximum price of $8.29, and an average price of $7.73.
Dogwifhat price prediction 2027
The WIF price prediction for 2027 indicates a continued rise with minimum and maximum prices of $8.75 and $10.46, respectively, as well as an average price of $9.84.
Dogwifhat price prediction 2028
Dogwifhat price is expected to reach a minimum of $9.02 in 2028. The maximum expected WIF price is $11.78, with an average price of $10.89.
Dogwifhat price prediction 2029
The WIF price prediction for 2029 estimates a minimum price of $10.80, a maximum price of $12.38, and an average price of $11.35.
Dogwifhat price prediction 2030
The Dogwifhat price prediction for 2030 suggests a minimum price of $15.35 and an average price of $16.58. The maximum forecasted Dogwifhat price is set at $17.06.
Dogwifhat (WIF) price prediction 2024-2030
Dogwifhat market price prediction: Analysts’ WIF price forecast
Firm20242025DigitalCoinPrice$1.30$5.85CryptoPredictions$2.62$3.569CoinCodex$7.90$10.81
Cryptopolitan’s Dogwifhat (WIF) price prediction
Cryptopolitan’s WIF price prediction proposes a bullish outlook for Dogwifhat’s future price should the market recover soon. According to our expert analysis, WIF might record a maximum price of $3 by the end of 2024, and an average price of $4.2 in 2025 if the bulls back the token.
Dogwifhat historic price sentiment
WIF price history ⏐ Source: Coinmarketcap
Dogwifhat (WIF) launched in November 2023, and traded within the range of $0.1 – $0.3 for the remainder of 2023.
WIF started 2024 at $0.15 and surpassed the $0.5 mark on January 18. However, the token soon faced rejection, plummeting to $0.1795 on February 6.
A bullish wave followed, taking Dogwifhat (WIF) to $0.90 by the end of February. Further upsides were experienced in the market, pushing WIF to $3.60 by mid March. The token reached its all-time-high (ATH) of $4.85 by March ending.
Mirroring the overall crypto market sentiment, WIF fell to $1.95 in April, but consolidated between $2 – $4 till May 29, 2024.
The bears took control of the market in June which saw WIF return to its early March 2024 levels, trading as low as $1.4831.
In July, WIF experienced a mixed market, reaching a high of $2.895, and closing the month at $2.1765. The following month saw WIF recapture $2, but later dropped to $1.5178. Dogwifhat hit $2.6 in September and at the time of writing, October 2024, WIF is trading within the range of $2.19 to $2.49.