Key takeaways
- Dogwifhat’s price prediction suggests a recovery to $3.74 by the end of 2024.
- WIF could reach a maximum price of $9.97 by the end of 2027.
- By 2030, WIF’s price may surge to $16.21.
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, and 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 recaptured $4 post-U.S. elections, can WIF reach $10 soon?
Let’s explore the current market sentiments and the possibilities of WIF reaching new all-time highs (ATHs).
Overview
Cryptocurrency | Dogwifhat |
Ticker | WIF |
Current price | $3.26 |
Market cap | $3,033,865,198 |
Trading volume | $980,133,652.94 |
Circulating supply | 998,844,867.30 WIF |
All-time high | $4.85 on March 31, 2024 |
All-time low | $0.0677 on January 8, 2024 |
24-hour high | $3.38 |
24-hour low | $2.94 |
Dogwifhat price prediction: Technical analysis
Metric | Value |
Price Prediction | $9.72 (226.45%) |
Volatility (30-day Variation) | 20.09% |
50-day SMA | $2.71 |
14-Day RSI | 55.12 |
Sentiment | Neutral |
Fear & Greed Index | 79 (Extreme Greed) |
Green days | 14/30 (47%) |
200-Day SMA | $2.40 |
Dogwifhat (WIF) price analysis: Bears re-enter the market for WIF; lower highs next?
TL;DR Breakdown
- WIF’s price analysis shows price consolidation.
- Dogwifhat (WIF) resistance is present at $3.389.
- WIF’s support level is present at $2.866.
The Dogwifhat price analysis for November 26 shows price consolidation, with the current price sitting just above $3. Having seen massive gains over the past month (over 25%), the bears have gained some ground again pulling down WIF from $4.67 in mid/November to as low as $2.94. What next for Dogwifhat ($WIF)? Continued consolidation or a bullish reversal?
Dogwifhat price analysis 1-day chart: WIF loses 5.5%, faces resistance at $3.389
The WIF/USD 1-day price chart analysis shows that the token has faced about a 5% decline today, with its immediate resistance at $3.389. Over the past seven (7) price candles, WIF has remained within the $2.985 to $3.389 range. The token has now broken below this range towards support at $2.866.
A breakdown below immediate support at $2.866 might lead to further declines, resulting in the exhibition of a previously observed trend that saw WIF consolidate between the range of $2.263 to $2.271.
In the event of a bullish reversal, $WIF could recapture $3.65 and higher. The RSI indicator shows 49.30, suggesting the market is neutral with no clear overbought or oversold signals, aligning with the token’s recent consolidation and current market conditions.
Dogwifhat price analysis 4-hour chart: WIF is consolidating with reduced volatility
The WIF/USD 4-hour price analysis reflects a consolidating market condition and reduced volatility. WIF is trading near the lower Bollinger Band ($2.958). Immediate resistance is present at $3.205, and getting past this level could see the token aim for $3.452. However, a break below the lower band might lead to a downtrend towards critical support at $2.50.
Likewise, the MACD indicator suggests weak momentum, with the MACD line slightly below the signal line. Meanwhile, the Balance of Power shows that buyers have a slight advantage, but neither buyers nor sellers are showing strong dominance at this time.
Dogwifhat technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value ($) | Action |
SMA 3 | 2.99 | BUY |
SMA 5 | 3.17 | SELL |
SMA 10 | 3.23 | SELL |
SMA 21 | 3.10 | BUY |
SMA 50 | 2.71 | BUY |
SMA 100 | 2.25 | BUY |
SMA 200 | 2.40 | SELL |
Daily exponential moving average (EMA)
Period | Value ($) | Action |
EMA 3 | 3.03 | BUY |
EMA 5 | 2.89 | BUY |
EMA 10 | 2.75 | BUY |
EMA 21 | 2.57 | BUY |
EMA 50 | 2.27 | BUY |
EMA 100 | 2.14 | BUY |
EMA 200 | 2.09 | BUY |
What to expect from WIF price analysis?
The market is currently in a consolidation phase, with indicators revealing an indecisive market, meaning that neither buyers nor sellers have enough strength to dominate and push the price in a clear direction. Hence, traders should watch critical support levels at $2.866 and $2.958 and resistance levels at $3.205 and $3.385 for breakout or breakdown signals.
Is Dogwifhat a good investment?
Dogwifhat has experienced notable price fluctuations, particularly with a substantial increase in value in March, July, and October of 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 $10 and $13.
Where to buy WIF?
Currently, traders and investors can buy Dogwifhat (WIF) on these CEXs: Binance, KuCoin, Orca, MEXC, HTX, Bybit, Bitget, LBank and several others.
Why is $WIF down?
After the recent bullish wave that saw WIF reach $4.6 in mid-November, a market correction is in place pulling the token back to $2.94 in the last 24 hours. Dogwifhat (WIF) has lost 13.25% in 7 days and 5.28% over the last 24 hours. A continuation of the current market trend could lead to a breach of critical support levels and further downsides.
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 2028.
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 the potential for a good long-term future if it continues to gain popularity and adoption. Analysts project a market price of about $5 by 2025 and $15 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
- SolCex Exchange lists Dogwifhat (WIF)
- WIF is now available for trading in the US via Kraken Pro
- dogwifhat (WIF) is now live on coinbase.com and in the Coinbase iOS & Android apps
Dogwifhat price prediction November 2024
If the bulls back WIF, the token could break out reaching a peak of $4.76, and an average trading price of $3.05 in November 2024. A bearish outlook for the market could see WIF drop to as low as $2.86.
Dogwifhat price prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
WIF price prediction November 2024 | 2.86 | 3.05 | 4.76 |
Dogwifhat price prediction 2024
Impactful updates and community support in Q4 of 2024 could see WIF surge to a maximum value of $5.06 by the end of the year. On average, the WIF token could trade around $3.98. However, negative market sentiments could knock WIF down to a minimum price of $2.52.
Dogwifhat price prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
Dogwifhat price prediction 2024 | 2.52 | 3.98 | 5.06 |
Dogwifhat price prediction 2025-2030
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2025 | $4.57 | $5.20 | $5.82 |
2026 | $6.65 | $7.27 | $7.90 |
2027 | $8.73 | $9.35 | $9.97 |
2028 | $10.81 | $11.43 | $12.05 |
2029 | $12.88 | $13.51 | $14.13 |
2030 | $14.96 | $15.59 | $16.21 |
Dogwifhat (WIF) price prediction 2025
The WIF price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $5.82. Based on expert analysis, investors can expect an average price of $5.20 and a minimum price of about $4.57.
Dogwifhat price forecast 2026
According to the WIF price forecast for 2026, Dogwifhat is anticipated to trade at a minimum price of $6.65, a maximum price of $7.90, and an average price of $7.27.
Dogwifhat price prediction 2027
The WIF price prediction for 2027 indicates a continued rise with minimum and maximum prices of $8.73 and $9.97, respectively, as well as an average price of $9.35.
Dogwifhat price prediction 2028
Dogwifhat price is expected to reach a minimum of $10.81 in 2028. The maximum expected WIF price is $12.05, with an average price of $11.43.
Dogwifhat price prediction 2029
The WIF price prediction for 2029 estimates a minimum price of $12.88, a maximum price of $14.13, and an average price of $13.51.
Dogwifhat price prediction 2030
The Dogwifhat price prediction for 2030 suggests a minimum price of $14.96 and an average price of $15.59. The maximum forecasted Dogwifhat price is set at $16.21.
Dogwifhat market price prediction: Analysts’ WIF price forecast
Firm | 2024 | 2025 |
DigitalCoinPrice | $4.46 | $5.39 |
CryptoPredictions | $2.475 | $6.064 |
CoinCodex | $4.04 | $8.16 |
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 analysis, WIF might record a maximum price of $3.12 by the end of 2024, and an average of $4 in 2025, if the bulls back the token.
Dogwifhat historic price sentiment
- 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 end.
- 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 a high of $2.97 in late October. WIF is trading within the range of $2.94 to $3.38 in November.