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The Dogwifhat price jumped 22% in the last 24 hours to trade at $2.301 as of 03:55 a.m. EST on trading volume that surged 52% to $405 million.
The token’s soared 722% in the last month and now ranks fifth among popular meme coins based on its market capitalization of $2.3 billion.
Dogwifhat Price Aims To Surpass Its All-Time High
The Dogwifhat price continues to display some strong movements, having registered a 17.4% increase in the last week and soaring to an all-time high of $2.46. Currently, the WIF price is fluctuating within this range, with the aim of breaking over the upper boundary of the ascending triangle.
WIF is trading above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of bullish momentum to the upside.
Additionally, the Relative Strength Index (RSI) is also rebounding from the 50-midline level towards the overbought region, currently at 65. A sustained bullish momentum would see the RSI cross the 70-overbought region, soaring the price even higher.
Moreover, the Moving Average Convergence Divergence (MACD) also shows signs of a bullish movement, as the moving average line (blue) crosses above the signal line (orange), an indication of a bullish crossover. This is often used as an encouragement for investors to add more buying positions.
The green bars on the histogram show that the current momentum is positive to the upside. Additionally, the Average Directional Index (ADX) supports this, showing a strong bullish trend as it moves north at level 29.
Dogwifhat Price Prediction
The Dogwifhat price analysis shows a bullish bias, as the bulls are preparing to sustain the bullish stance over the ascending triangle pattern. Furthermore, the MACD, ADX, and RSI indicators show bullish prospects for the WIF price, as the bulls aim for $3.66.
However, in an inverse scenario, the bulls may take charge of the price, which may see the bulls use the $1.6 level as a cushion against downward pressure.
Meanwhile, as the WIF price soars, investors are flocking to the new Solana meme coin sensation Smog, which promises investors the greatest airdrop in history. Analysts also say it has the potential for an additional 1000X gains amid rumors of imminent additional listings on top-tier exchanges after its market cap surged to $155 million.
Smog Token Pumps 275% In A Month – Best 1000X Opportunity To Buy
Since its inception, the Smog token (SMOG) has consistently impressed with its performance, attracting massive attention from investors. It’s soared 275% in the last month, having touched an all-time high of $0.33. It has also accumulated over 98,000 holders.
Smog aims to rule the Solana-based meme coin space, surpassing the likes of MYRO, WIF, and BONK. It’s an ambition that’s captured by its slogan, “One meme coin to rule them all.”
One #Memecoin to rule them all! 🚀
Get ready for the greatest #Airdrop in history, distributed on #Solana. 💰
Join #SMOG on Zealy! 🔥
Link in Bio 🔗 pic.twitter.com/vsn4p5cSF4
— SMOG (@SMOGToken) February 8, 2024
The team is promising the biggest giveaway in history through an upcoming airdrop, and has allocated 35% of its 1.4 billion token supply for that purpose.
Buy And Stake $SMOG, Qualify For The Biggest Giveaway
There are two main ways one can qualify for the upcoming $SMOG airdrop. One of the ways is by buying and holding $SMOG. You can also qualify for more airdrop points by participating in daily tasks managed by Zealy. There are over 20,000 Airdrop members on the platform, having completed over 1.8 million quests.
Smog also offers you a chance to earn passively by staking your acquired $SMOG tokens for a 42% annual percentage yield (APY).
Jacob Bury, a crypto YouTuber, believes that $SMOG is a meme token that has the potential to soar 1000X.
It is best to buy Smog on the official website here because then you get a 10% discount on the market price, but hurry before the offer ends.
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