{"id":510214,"date":"2024-04-22T08:53:48","date_gmt":"2024-04-22T08:53:48","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=510214"},"modified":"2024-04-22T08:53:48","modified_gmt":"2024-04-22T08:53:48","slug":"dogwifsaudihat-price-prediction-wifsa-plunges-60-as-this-multichain-doge-derivative-ico-blasts-past-9m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogwifsaudihat-price-prediction-wifsa-plunges-60-as-this-multichain-doge-derivative-ico-blasts-past-9m","title":{"rendered":"Dogwifsaudihat Price Prediction: WIFSA Plunges 60% As This Multichain DOGE Derivative ICO Blasts Past $9M"},"content":{"rendered":"

The Dogwifsaudihat price dipped 60% in the past 24 hours to trade for $0.000198 as of 01:41 a.m. EST on trading volume that plunged 59% as traders cash in on gains made over the weekend.<\/p>\n

Following the successful conclusion of the fourth Bitcoin halving, altcoins rallied with some meme coins posting double-digit returns.<\/p>\n

Why Meme Coins Benefited The Most From The Bitcoin Halving<\/h2>\n

Meme coins are viewed as highly speculative investments, as their prices tend to be driven by hype and speculation as opposed to underlying fundamentals. Following the Bitcoin halving on April 20, there was increased excitement in the crypto market.<\/p>\n

This amplified the speculative behavior of traders around altcoins, leading to rapid price movements in meme coins. The sector’s market capitalization soared 10% following the halving, to almost $54 billion only to retrace a fraction of a percent in the past 24 hours.<\/p>\n

Meanwhile, WIFSA has merited a position among CoinMarketCap’s top crypto coins on Monday, alongside PEPE, IOTA, and BTC.<\/p>\n

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Today’s top crypto coins at @CoinMarketCap<\/a> 🤩$BTC<\/a> $WIFSA<\/a> $VOXEL<\/a> $MERL<\/a> $PEPE<\/a> $IOTA<\/a> $SOL<\/a> $HOOK<\/a> $ONDO<\/a> $AEVO<\/a><\/p>\n

𝙴𝚊𝚛𝚕𝚢 𝚋𝚒𝚛𝚍𝚜 𝚐𝚎𝚝 𝚝𝚑𝚎 𝚌𝚛𝚢𝚙𝚝𝚘𝚠𝚘𝚛𝚖𝚜! 🐛 #𝙵𝚘𝚕𝚕𝚘𝚠<\/a> 𝚞𝚜 𝚝𝚘 𝚍𝚒𝚜𝚌𝚘𝚟𝚎𝚛 𝚑𝚒𝚍𝚍𝚎𝚗 𝚐𝚎𝚖𝚜 𝚋𝚎𝚏𝚘𝚛𝚎 𝚝𝚑𝚎𝚢 𝚎𝚡𝚙𝚕𝚘𝚍𝚎! 💎🚀 pic.twitter.com\/gGXIyO3EWF<\/a><\/p>\n

— Crypto Tracker (@CryptoTrackify) April 22, 2024<\/a><\/p><\/blockquote>\n