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The Dogwifhat price has soared 22% in the last 24 hours to trade at $0.8508 as of 4:36 a.m. EST on a 92% surge in daily trading volume to $663 million.
The WIF price jump comes after news broke that Israel and Iran had agreed to a complete ceasefire.
BREAKING: Israel and Iran are entering into a COMPLETE CEASEFIRE!
Thank you President Trump!
NO MORE WARS!!! pic.twitter.com/PmAE0DEc0s
— Gunther Eagleman™ (@GuntherEagleman) June 23, 2025
According to Trump, Iran will be the first to ceasefire, followed by Israel. The 12-day war should come to an end approximately 30 hours from the president’s post.
The crypto market reacted positively to the news, with the total market cap rising 2.2% to $3.35 trillion. BTC also jumped over 3% to $104,897 in the last 24 hours. The Dogwifhat price outperformed them, jumping 22%, but can it sustain the gains?
Dogwifhat Price Breaks Above Key Moving Averages
The 3-day chart shows WIF’s recent price action that has seen the meme coin recently break above the 50 simple moving average (SMA) around $0.6916, signaling bullish strength.
That breakout came with a solid push from the 61.80% Fibonacci retracement level ($0.7209), a key support zone that’s been holding strong.
The relative strength index (RSI) sits at 51.37, which is in neutral territory, but pointing upward, suggesting buying pressure is starting to gain momentum. At this level, there’s still room to run before the crypto hits overbought territory, perfect for a moonshot if the momentum keeps pumping.
WIFUSD Analysis Source: Tradingview
The moving average convergence divergence (MACD) recently flashed a bearish crossover, although it is flattening after volume returned to the crypto market, showing a bullish crossover could happen soon.
This is further supported by the Coinglass liquidation data that shows cumulative long leverage positions on Binance, OKX, and Bybit ($18.2 million) soared to almost twice that of shorts ($9.55 million). This imbalance suggests futures traders are bullish on WIF as they anticipate it will rise higher.
Additionally, if bulls can clear the hurdle around $0.894, the WIF price will have a clear path to $0.97, breaking above the falling channel.
WIF Price Could Hit $2 If Ceasefire Rally Holds
The ceasefire news is the big catalyst in the market. Geopolitical de-escalation often pumps risk assets like crypto, and WIF, with its meme-fueled hype, is eating it up.
If the peace holds, and bulls push the price above the $0.894 obstacle, WIF could test the $1.397 resistance, a 79% pump from current levels. Beyond that, WIF could soar to the 61,8% Fib extension level around $2.06, a 146% increase from here.
A breakdown below the critical 0.618 Fib retracement ($0.7209) might send it back to $0.5383, or worse, $0.3058.
Short-term, WIF has the momentum needed to hit the $0.97-$1.15 range by next week if volume spikes. Long-term, if meme coin mania reignites, $2 isn’t off the table by the end of Q3.
BTC Bull Token Presale Smashes $7.3M – Only 6 Days Left
As the WIF price teases extended gains, a new player in the crypto world, BTC Bull Token (BTCBULL), is turning heads with its presale, raising over $7.3 million.
With less than a week until the presale wraps up on June 30, 2025, investors are rushing to grab this Bitcoin-themed meme coin.
BTCBULL offers a straightforward way to cash in on Bitcoin’s growth without needing to buy the pricey crypto directly.
Last chance to buy BTCBULL before launch! 🐂🧨
The countdown ends on June 30th. ⌛
Here’s what’s coming:
🔥 BTCBULL token burns
🪂 BTC airdrops at price milestones
🎁 BTCBULL airdrop when Bitcoin hits $250KJoin the herd: https://t.co/FQZXEzFwWu pic.twitter.com/aeUmLJcSOC
— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 2, 2025
Most meme coins rely on buzz alone, but BTCBULL has a clever setup. It rewards holders with real Bitcoin airdrops when BTC hits key price milestones, starting at $150,000 and continuing every $50,000 milestone after that. Imagine owning a token that pays you in Bitcoin just for holding it, no complicated setups or risky platforms needed.
Additionally, when Bitcoin reaches $125,000 for the first time, BTCBULL executes a token burn, reducing its supply to boost the value of remaining tokens. These burns continue with every new $50,000 milestone after that.
The project’s staking option is another draw, offering up to 55% annual returns, with over 1.89 billion tokens already staked. This makes it appealing for both crypto newbies and seasoned investors looking for passive income.
The presale’s success has caught the eye of big names, like the 99Bitcoins YouTube channel with over 723k subscribers, which predicts BTCBULL could surge 10x after its launch.
Currently priced at just $0.00258, BTCBULL’s presale accepts crypto and card payments through an easy-to-use widget embedded on the official website.
But time’s ticking. The presale ends in less than 6 days.
Check out the BTC Bull Token website.
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