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The Dogwifhat price has pumped 16% in the last 24 hours to trade at $1.04 as of 3:37 a.m. EST on a 181% surge in its daily trading volume to $664 million.
Dogwifhat Price Ready To Breakout — Is $2.78 Next?
The WIF/USD chart shows that the meme coin’s price has been sliding since the year began, with the 50-day Simple Moving Average (SMA) at $0.861 and the 200-day SMA at $1.208 acting as key levels.
However, the WIF price hit a low of $0.304 before staging a comeback, breaking past the 50-day SMA support-turned-resistance zone. That 16% pump has it trading at $1.034, and the bulls are optimistic.
The chart also shows WIF has been riding in a falling channel that is part of a bull flag, a classic setup for a breakout.
The price is currently testing the upper trendline, signaling the bulls are scouting for a breakout. The 0% Fibonacci level at $1.39 is the next significant target, and if the momentum continues, the WIF price could soar to $2.48 or even $2.78.
WIFUSD Analysis Source: Tradingview
Bullish Momentum Indicators Signal 167% Gains Up Ahead
Technical indicators suggest that the Dogwifhat’s bullish rally may just be getting started. The 200-day SMA at $1.208 is looming overhead like a bearish cloud. If WIF can’t break and hold above it, there might be a pullback to the 50-day SMA ($0.861) or lower, especially if profit-taking kicks in.
The Relative Strength Index (RSI) at 56.90 is neutral to bullish as it is facing upward. This shows there is still room to run higher.
Longer term, the meme coin’s sentiment is bullish, especially with the Bitcoin price recovery pushing it back to $110,000. A sustained move above the 200-day SMA ($1.208) might see WIF eye $2.48 or beyond by mid-June. However, if the broader market dips, WIF could drop back to $0.526.
WIF has positive momentum right now, but investors should keep an eye on that $1.208 mark.
Solaxy Presale Zooms Past $46.4M — 6 Days Left
As the Dogwifhat price keeps climbing, investors are rushing to buy a new Solana derivative called Solaxy (SOLX), a game-changing Layer-2 project that’s raised over $46.4 million in its presale, with just days left to jump in.
This Solana-based newcomer is tackling the blockchain’s biggest pain points, congestion and failed transactions, while opening doors to new possibilities.
Solana is a powerhouse, known for its lightning-fast transactions and low fees, but it’s not perfect. During peak times, like meme coin frenzies or DeFi surges, the network can get clogged, with up to 30% of transactions failing.
That’s where Solaxy steps in. By processing transactions off-chain and bundling them for final validation on Solana’s mainnet, Solaxy keeps things speedy and reliable, no matter how busy the network gets.
Solaxy is expanding faster than the universe! 🛸
46M Raised! 🔥 pic.twitter.com/RM3lsZeMha
— SOLAXY (@SOLAXYTOKEN) June 9, 2025
But Solaxy isn’t just about fixing Solana’s traffic jams. It’s building a bridge to Ethereum, blending Solana’s speed with Ethereum’s deep DeFi ecosystem. This cross-chain connection could be a big deal for developers and traders, making it easier to move assets and build apps across both networks.
What’s more, Solaxy’s Igniter Protocol, a no-code launchpad like Pump.Fun, lets SOLX holders create their own tokens and trade them on the Solaxy DEX, which could lead to a wave of new projects.
Crypto YouTube channel 99Bitcoins, with over 723k subscribers, predicts a potential 10x surge for SOLX post-launch.
The project’s presale has been a hit, and investors are excited about SOLX’s staking rewards, which offer up to an 87% APY.
Priced at $0.00175, SOLX tokens are available on the Solaxy website using crypto like ETH or USDT, or even a bank card. However, with the presale wrapping up in about six days, time is running out to grab tokens at this low rate.
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