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Dogwifhat Price Prediction: WIF Pumps 50% After Binance Listing, But This Solana Meme Coin Competitor Soars 164% In A Week As Its Huge Airdrop Nears

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Dogwifhat price
Dogwifhat price

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The Dogwifhat (WIF) price has exploded 50% to trade for $2.1459 as of 3:15 a.m. EST time on trading volume that soared almost 200%.

The Solana-based meme coin sustained its gains even as its peers in the meme sector plummeted after Bitcoin’s flash crash following its surge to a new all-time high on March 6.

WIF remains a hot topic after news emerged yesterday of its listing on Binance, the largest crypto exchange by market capitalization. The token started trading on March 5 at 14:00 UTC.

There is also speculation that Coinbase could also list WIF soon, which could send the Dogwifhat price on another tear.

Dogwifhat Price Prognosis After Binance Listing

The Dogwifhat price is trading with a bullish bias, holding above the confines of an ascending parallel channel. The odds continue to favor the upside, seen with the Relative Strength Index (RSI) position at 65, showing there is still room north before WIF is overbought.

The inclination of the RSI to the north also shows that momentum is still rising. The large volumes of green histogram bars on the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD) in positive territory accentuate this. Furthermore, the position of the MACD well above the signal line (orange band) reinforce the bullish cycle.

Increased buying pressure could see the Dogwifhat price shatter resistance due to the midline of the channel. A break and close above this level could send the meme coin to the $2.2231 range high. In a highly bullish case, WIF price could extend a neck higher to tag the $2.5000 threshold.

WIF price

TradingView: WIF/USDT 1-hour chart

Conversely, if profit-taking takes over, the Dogwifhat price could drop to lose support due to the lower boundary of the channel at $1.9482.

According to Crypto expert and influencer Lark Davis, meme coins remain the top-performing crypto niche.

With a budding resurgence after the Tuesday crash, the Dogwifhat price could extend its bullish cycle, potentially recording a new all-time high above $2.2498.

Meanwhile, while meme coins try to recover lost ground, WIF’s peer in the Solana ecosystem, Smog, is up over 164% over the week as its huge airdrop nears.  It is ranked among crypto analyst Jacob Bury’s top 8 meme coins to buy now.

Promising Alternative To Smog

Smog aims to revolutionize the meme coin arena, an outcome achieved through an ambitious and rewarding airdrop initiative. It involves the distribution of a significant 490 million tokens to $SMOG holders. Investors can also accumulate points by participating in the Zealy campaign for an airdrop that is advertised as the ‘greatest of all time’

The Zealy campaign helps users to increase their airdrop points just by completing tasks like following Smog on X and engaging with its social media posts. The project has garnered significant social engagement through its Zealy campaign and in anticipation of the upcoming airdrop.

It offers more than just airdrops though with its utility extending to ‘The Dragon’s Court.’ This is an exclusive community of cryptocurrency experts accessible to token holders. It uses an innovative concept with a hallmark that is a mysterious hidden community set to unleash viral growth. This elevates the gamification of the airdrop campaign.

It is also worth mentioning that $SMOG leverages the swift transactions and cost-efficiency of the Solana blockchain.

With more than 25k holders and a vibrant cross-platform community, Smog has secured a market cap of above $130 million, firmly establishing itself on the Solana blockchain and now ranking among the top 20 meme coins by market cap.

Visit and buy Smog here.

Also Read:

Smog (SMOG) - Meme Coin With Rewards

Rating

Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards - 42% APY
  • 10% OTC Discount - smogtoken.com
Smog token

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