Dogwifhat Price Prediction: WIF Pumps 56% In A Week, But Can It Outperform This ICO With Its Own Layer 2 Blockchain?

The Dogwifhat price has surged 56% in the past week and 10% in the last 24 hours to trade at $2.79 as of 7 a.m. EST on a 30% pump in trading volume to $694 million.

Dogwifhat Price Rides On A Double Bottom Pattern Formation

The WIF price indicates a bullish trend reversal as buyers drive the price up towards the resistance zone at $4.07. The support level at $1.52 has created a double-bottom pattern, indicating a potential shift towards an upward trend.

Dogwifhat Price

WIFUSDT Analysis (Source: Tradingview)

The price currently trading above the 50 and 200 Simple Moving Averages (SMAs). However, with an anticipated rebound, momentum might build to help the bulls drive the price above the 200 SMA, initiating a bull rally.

The relative strength index (RSI) also signals a rebound from the 30-oversold level to 68 above the 50 midline level. If this momentum continues, the RSI could enter the overbought territory, indicating intense buying pressure.

Dogwifhat Price Bulls May Reclaim The All-Time High

The traders are poised to continue the uptrend which indicates a bullish trend continuation for the WIF price. The double bottom indicates support for the upward momentum helping the bulls push the price to reclaim its all time high at $4.83. 

Conversely, if the bears take over the support zone and start to falter, the bears could continue the downtrend, causing the price to drop to the $2.05 support level.

Best Meme Coin To Buy Now?

As some traders enjoy WIF’s bullish momentum, others are fueling the excitement around the new meme coin Pepe Unchained (PEPU), which has raised over $4.8 million in its rampant presale.

The original Pepe has provided astounding returns to early investors and remains a top performer despite the influx of new meme coins. But because it’s built on the Ethereum blockchain, it has been limited by layer-1 technology that causes network delays and high gas fees. This is where Pepe Unchained comes in. 

Based on the original PEPE token, Pepe Unchained comes with its own layer 2 blockchain. That addresses the issues of scalability, speed, and efficiency that often affect meme coins built on layer-1 blockchains like Ethereum, allowing investors to capitalize on market opportunities more effectively.

Token holders can also earn passive income through the platform’s staking system, which offers an annual yield of 392%.

According to the 99Bitcoins crypto channel on YouTube, $PEPU might be the next meme coin to soar 10x after launch.

You can purchase $PEPU tokens for $0.008596 each from the official website. But with the price set to hike in less than two days, buy now to secure the best deal.

Buy $PEPU tokens here using ETH, USDT, or a bank card.

Related Articles

  • Best Meme Coins to Invest In: Top Picks for Exponential Gains!
  • Is It Too Late To Buy Pepe? PEPE Price Pumps 5%, And This Solana GambleFi Token Might Be The Best Crypto To Invest In 2024
  • Bitcoin Price Prediction: MicroStrategy Loses $53.1 Million In Q1 But Still Buys BTC As Experts Say This Learn-To-Earn Crypto Might 10X

Comments

Post a Comment

Popular posts from this blog

Inquiry on Binance headquarters and audit left unanswered by new CEO Richard Teng

The new CEO of the Binance exchange, Richard Teng, dodged answering a question about the location of the company’s headquarters and its audit or. His statement was made as part of the Crypto and Digital Assets Summit organized by the Financial Times. During his speech, the new CEO of the exchange once again emphasized Binance’s “shortcomings” with respect to the company’s regulatory requirements. At the same time, Teng avoided questions related to the organization’s activities and structure. You might also like: Richard Teng takes the helm at Binance promising a shift away from outlawed behaviour When about Binance’s global headquarters , and whether the company will be audit ed, or if it plans to apply for a license in the UK, Binance’s new CEO said that he had already answered each of the questions asked “previously.” When asked again about the headquarters , Teng again brushed it off, emphasizing that it was “under consideration.” “Is there a need for us to share all
Read more

Australian regulator ASIC to ramp up focus on digital scam

ASIC, Australia’s financial watchdog, has announced a new four-year plan prioritizing consumer protection against digital scams, including cryptocurrency-related frauds. ASIC, the Australian Securities and Investments Commission, has unveiled a new four-year strategy aimed at shielding consumers and businesses from digital scams, including those involving cryptocurrencies. Chair Joe Longo indicated that while ASIC has made strides since outlining its priorities last year, there’s ongoing work. The regulator is adapting to shifts in sustainable finance, the digital economy, and the challenges an aging population poses. You might also like: ASIC releases the top 10 ways to spot a crypto scam Longo also mentioned that ASIC closely monitors how emerging technologies like AI could impact businesses and consumers. Australia has been generally favorable toward digital currencies. The country has both embraced and regulated cryptocurrencies, most notably by exempting them fr
Read more

LUNC Price Prediction: LUNC Gains 3.09% Amid Market Rebound – Time to Buy?

Image
Join Our Telegram channel to stay up to date on breaking news coverage The Terra Classic token LUNC has faced difficulties since the Terra ecosystem’s collapse, which resulted in the splitting of its blockchain. However, $LUNC seemed to have gained traction and reversed course, gaining 3.09% in the last 24 hours. Despite the recent financial crisis that gripped the industry, this gain occurred as the overall crypto market rallied. While major assets like Bitcoin and Ethereum lead the charge, $LUNC has also grabbed onto the bullish wave. Is now the ideal time to purchase $LUNC, given its recent rise and market momentum? LUNC Finds a Foothold and Retraces At press time, Terra Classic $LUNC is trading at $0.000093, indicating an uptrend of 3.09% in the last 24 hours. However, prior to this surge, the asset had a slump of 0.9% in the last seven days, 12.6% in the last two weeks, and 26.2% in the last month. $LUNC has a 24-hour trading volume of $31 million, indicating an inco
Read more