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Dogwifhat Price Prediction: WIF Jumps 5% As Traders Send $6.8 Million To New Solana Meme Coin Slothana

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Dogwifhat Price
Dogwifhat Price

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The Dogwifhat price jumped 5% in the last 24 hours to trade at $4.08 as of 00:24 a.m. EST on trading volume that surged 4% to $883 million.

This comes as WIF maintains its position among the 30 top cryptocurrencies, with a market capitalization of over $4.12 billion. 

Dogwifhat Price Set To Reclaim Its ATH

Dogwifhat Price 30-minute Chart Analysis Source: Tradingview.com
WIFUSD 30-minute Chart Analysis Source: Tradingview.com

The Dogwifhat price has been on an uptrend in the last week of March, which saw WIF surge to an all-time high of $4.83 on March 31. However, the bears seem to have taken control of the price, as WIF remains 14% down from its ATH, forming a falling wedge pattern.

WIF bulls have shown their dominance, using the $3.56 support level as a cushion to propel the price higher.

Furthermore, the Dogwifhat price is trading above the 50-day Simple Moving Average (SMA), affirming the bullish momentum. Should the bulls maintain their pressure, WIF stands poised to breach the 200-day SMA barrier.

The Relative Strength Index (RSI) on the 30-minute chart is also climbing from the 30-oversold levels towards the overbought region, currently at 58. The rising RSI is a testament to the investor optimism building up as investors exert more buying pressure.

Dogwifhat Price Prediction

The Dogwifhat price analysis on the 30-minute chart indicates that the WIF bulls are preparing for a bullish trend reversal over the falling wedge pattern. Additionally, the RSI suggests that investors are constantly buying WIF, which could propel the price higher to a new ATH at $4.88.

However, the 50-day SMA trades below the 200-day SMA, which forms a death cross at $4.26. A death cross shows that WIF could go down on a bearish trend in the coming days before rebounding.

In such a scenario, the bears could take control of the price, pushing it down to the $3.6 critical support level. However, if the bears breach this level, WIF could negate the general bullish prospects.

As the WIF bulls prepare for a price surge, Slothana is emerging as a new Solana meme coin sensation as its presale rockets past $6.8 million.

Slothana: A Promising Alternative To WIF

The sloth-themed meme coin $SLERF has been a sensation, but the new kid on the block, in the form of an office sloth, is Slothana (SLOTH).

SLOTH is the primary token supporting the Slothana ecosystem, currently riding the vibrant landscape of Solana-based meme coins.

Slothana is joining other meme coins, including $SLERF, $BOME, $PUMP, and $PUNDU, which have created a new way of launching on Solana. The launch method requires no price stages, timers, or even a hard cap. All that buyers do is send SOL to a token address, and then the team airdrops tokens to their wallets.

You can also use the widget on the official website and specify the amount of $SOL you wish to exchange for $SLOTH. Click the ‘buy now’ button, choose your wallet, and finalize the transaction.

Traders Send Over $6.8 Million SOL To Slothana, 100X Gains?

Slothana continues to make amazing strides in the crypto community, having garnered over $6.8 million in slightly more than a week.

According to 99Bitcoins, a prominent crypto channel on YouTube, $SLOTH may rack up 100X gains on launch. 

Since the team has not specified any price stages or timers, there are uncertainties about when the presale may end. That suggests that the optimal time to buy is now, 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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