{"id":559909,"date":"2024-08-02T14:44:47","date_gmt":"2024-08-02T14:44:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=559909"},"modified":"2024-08-02T14:44:47","modified_gmt":"2024-08-02T14:44:47","slug":"dogwifhat-price-prediction-wif-leads-weekly-meme-coin-losers-with-26-plunge-as-traders-fomo-into-this-ai-meme-coin-before-time-runs-out","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogwifhat-price-prediction-wif-leads-weekly-meme-coin-losers-with-26-plunge-as-traders-fomo-into-this-ai-meme-coin-before-time-runs-out","title":{"rendered":"Dogwifhat Price Prediction: WIF Leads Weekly Meme Coin Losers With 26% Plunge As Traders FOMO Into This AI Meme Coin Before Time Runs Out"},"content":{"rendered":"
The Dogwifhat price <\/span>plummeted<\/span><\/a> over 26% in the past week following a 3% loss in the past 24 hours to trade at $1.91 as of 7:30 a.m. EST.<\/span><\/p>\n With the recent drop in the <\/span>WIF<\/span><\/a> price, the dog-themed token has emerged as the biggest weekly loser among the biggest 100 meme coins by market capitalization. <\/span><\/p>\n <\/p>\n 4-hour chart for WIF\/USD (Source: <\/span>GeckoTerminal<\/span><\/a>)<\/span><\/p>\n The Dogwifhat price dropped below the $2.0234 support after printing a series of lower lows and lower highs throughout the past couple of days. Should this bearish momentum continue, the meme coin could soon test the technical safety net at $1.7175 before potentially plunging to as low as $1.4568 in the short term.<\/span><\/p>\n However, WIF maintaining a position above the $1.7175 support level for the next 12 hours might invalidate the bearish thesis. Traders could start to identify the crypto as a good long opportunity in this alternative scenario. As a result, the altcoin might attempt to break out of the descending price channel that has emerged on its charts. <\/span><\/p>\nThe Dogwifhat Price Approaching Critical Support<\/span><\/h2>\n