DogWifHat Price Prediction as WIF Becomes 44th Biggest Coin in the World – Can it Overtake DOGE?
WIF has gained by 1% today, with the DogWifHat price returning to $2.56 as the crypto market as a whole has stayed flat in the past 24 hours.
The token has now become the 44th biggest coin in the market by cap, although its price is actually down by 26% in a week and by 36% in the past fortnight.
It does, however, remain up by over 160,000% since listing in December, a percentage which underlines its considerable growth.
And as the biggest and most popular Solana-based meme coin, it could certainly continue rising up the market, even overtaking tokens such as SHIB and DOGE.
WIF has actually fallen by nearly 1% in the past hour, and its chart reflects this noticeable loss of momentum.
Its relative strength index (purple) has dropped from nearly 60 earlier this morning to 40 as of writing, with its trajectory suggesting that more losses may be coming before the coin rights itself.
At the same time, its 30-day average (orange) is still slipping downwards, signaling that the coin is struggling to regain any serious impetus in the near term.
Having said that, WIF’s trading volume is encouragingly high, standing at $700 million today, in contrast to $30 million at the end of February.
Such high volume has largely followed from new exchange listings, with OKX announcing its support for WIF only a couple of days ago.
New Spot Listing
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