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The Dogwifhat price surged 14% in the last 24 hours to trade at $4.29 as of 11:18 p.m. EST on trading volume that rose 3% to $992 million.
The leap has enabled Dogwifhat to surpass Pepe (PEPE) to become the third-largest meme coin by market capitalization. WIF is up by 100% in the last 7 days to rank as the world’s 29th-largest crypto..
Dogwifhat Price Set For A Bullish Rally Over The Bullish Pennant
The price of Dogwifhat has experienced an exponential rally throughout March, catapulting to a new all-time high (ATH) of $4.45. WIF bulls have remained resilient, recording new highs every period and recording a 475% increase in the last 30 days.
Presently, WIF is trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the robust bullish momentum driving the market upwards.
Furthermore, the Relative Strength Index (RSI) is currently ascending within the 70-overbought region, registering at 71. This suggests a significant influx of buying activity and sustained investor confidence.
Adding to the bullish sentiment, the Moving Average Convergence Divergence (MACD) indicates a bullish trend, with the blue moving average line crossing above the orange signal line, signaling a bullish crossover. Such crossovers often act as an encouragement for the bulls to add to their buys, which may result in the price surging even more.
The rising positive momentum is evident as the green bars on the histogram extend over the neutral line.
Dogwifhat Price Prediction
The Dogwifhat price analysis shows a bullish stance to the upside, as the WIF price trades within the upper boundary of the bullish pennant, aiming for a new ATH at $5.5.
The leading indicators, including the MACD and the RSI, offer bullish prospects for optimistic investors to add to their buys, which may result in the price soaring.
However, the RSI crossing over the overbought region may indicate an incoming price correction as a result of the bears booking profits. In such a scenario, the bears would drive the price down through a retrace back to the lower boundary of the pennant at $2.94, which coincides with the 50-day SMA.
Meanwhile, as the WIF price surges, investors are flocking to Slothana, a new Solana meme coin sensation that aims to become the next SLERF (SLERF) or Book of Meme (BOME).
Buy $SLOTH – Best Opportunity For 100X Gains
Crypto analyst and YouTuber ClayBro says that the $SLOTH price may surge 100X on launch.
Slothana Rockets Towards $4 Million: A Promising Alternative
Slothana (SLOTH) has raised an astonishing $3.77 million in just five days. This new kid on the block comes in the form of an office sloth.
⏰ 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
The project, positioned as the next big viral meme token on the Solana blockchain, aimed to create the same excitement seen with other Solana meme coins like $SLERF, $BOME, $PUMP, and $PUNDU, and it’s doing exactly that.
🌿🦥 Wow! Sloth's jaw is dropping at the SOL flooding in from our slovenly supporters! 😱 What a bunch of lazy legends! Let's take Slothana to the moon! 🚀 And remember, only send from your onchain wallets – Sloth can't airdrop to exchanges!💸🙅♂️ #Slothana #MemeCoin #LazyLegends
— Slothana (@SlothanaCoin) March 28, 2024
These coins introduced a new way of launching on Solana, skipping traditional price stages and timers for presales where people send $SOL to a token address.
Fellow sloths! 🌿🦥 A quick update from your favorite crypto connoisseur: I hear some of you are getting antsy about those Slothana tokens! 😅 Fear not, my slovenly supporters! The token drop will happen once our presale reaches its lazy conclusion.
— Slothana (@SlothanaCoin) March 28, 2024
The purchased coins are then airdropped to the sender’s wallet.
🌿🦥 Attention, fellow sloths! Poll time. Should we launch on DEX only, embracing the true spirit of decentralization and lazy trading? Or should we go full throttle, hitting up both CEX and DEX like the overachieving sloths we could be? Cast your vote below #slothana #memecoin
— Slothana (@SlothanaCoin) March 29, 2024
There is also a handy widget on the Slothana website that accepts SOL swaps by connecting your Phantom or other self-custody wallet.
Given the absence of defined price stages or timers, it is unclear when the presale may end. That makes now the ideal time to buy before the tokens are sold out.
To participate, you can buy or send your $SOL here. For every 1 SOL sent to the address, you will receive 10,000 $SLOTH.
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