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The Dogwifhat price has pumped 3% in the last 24 hours and 57% in the past week to trade at $4.37 as of 2:30 a.m. EST, on a 3% trading volume surge to $632 million.
This surge comes as Michael Novogratz, a billionaire crypto investor from America, humorously shares his regret about not holding onto the rapidly rising Solana WIF.
Novogratz shared his thoughts at a conference in Manhattan, revealing his concerns about potential regulatory scrutiny associated with investing in the Solana meme coin. His remarks coincide with WIF skyrocketing to a new all-time high of $4.83.
Dogwifhat Price Continues The Bullish Momentum In A Rising Channel Pattern
WIFUSDT Analysis By Tradingview
The Dogwifhat price is poised for a bull rally as the bulls continue the surge within the rising channel pattern, breaking from the consolidation channel at $2.17 support level.
If the momentum continues, the bulls could drive the price above the channel, continuing the bullish trend.
The bulls have pushed the price above the 50 simple moving average on the 4-hour chart, affirming the bullish outlook.
The Relative Strength Index (RSI) indicates a general bullish trend, though in a short drop to 58 above the 50 midline level. Increased buying pressure could cause the RSI to rebound. If the bulls gain additional strength, there is potential for the RSI to enter the overbought zone.
Dogwifhat Price Signals Another Rally Above
Dogwifhat price is bullish, with bulls targeting a 49% increase to $5.22. If the momentum is strong enough, it could help the bulls catapult the price, surpassing its all-time high ATH and reaching a new high at $5.22 in the upcoming weeks.
However, should the bearish momentum intervene, there is a risk of the price slipping below the 50-day SMA to the lower boundary of the triangle at $2.48.
Meanwhile, Slothana is proving to be a worthy alternative, with investors already stumping up over $5 million in early funding.
Buy SLOTH Now: The Best Opportunity For 100X Gains!
SLOTH is a new entrant on Solana, aiming to capture some of the early magic of the network’s well-known funny tokens like Slerf, DogWifHat, and Bonk.
Investors are really excited about Slothana on those meme coin-watching channels, especially since it is coming from the same team that brought us Smog (SMOG).
⏰ Tired of the 9-5? So is Slothana!🦥Our office sloth is ready to ditch the daily grind and embrace the world of crypto trading. No more getting high on herb, just high on profits! Send SOL to help our sloth go from 420 couch surfer to $420m crypto chad! #slothana #memecoin
— Slothana (@SlothanaCoin) March 25, 2024
Only days after starting a ‘send SOL’ style presale, SLOTH sales have already surpassed $5.3 million, and that number is climbing fast! There’s no timed presale model here, but it still promises that it has a high potential for gains compared to what its peers have seen.
SLOTH is the main token powering the Slothana ecosystem, which just popped up in the lively world of Solana-based meme coins.
ClayBro, a crypto analyst and YouTuber says that the price of $SLOTH could skyrocket 100X when it launches.
If you’re interested, You can buy $SLOTH by sending SOL to a specific address.
Send SOL to EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA
— Slothana (@SlothanaCoin) March 25, 2024
There’s also a handy widget on the Slothana website that accepts SOL swaps by connecting your Phantom or other self-custody wallet. One SOL buys you 10,000 $SLOTH.
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