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"Dogwifhat: Will This Pup in a Hat Break the $10 Bark Barrier? ๐Ÿ•๐Ÿ’ธ Spoiler: It's a Howl of a Ride!"

Key takeaways

  • Dogwifhat’s price prediction for 2025 suggests a maximum price of $1.49.
  • WIF could reach a maximum price of $3.98 by the end of 2028.
  • By 2031, WIF’s price may surge to $6.46.

Remember Dogecoin and Shiba Inu? The popular dog-themed memecoins!

Dogwifhat (WIF) is another dog-inspired memecoin built on the Solana blockchain. Despite being relatively new on the market (launched in November 2023), the “dog wif a hat” project saw remarkable success post-launch. 

Following the exchange listing of the token on Binance and the popular “Sphere Wif Hat” campaign that led to the crowdfunding of over 690,000 USDC, the value of WIF surged, temporarily usurping PEPE coin in late March 2024 to rank as the 3rd largest memecoin behind Dogecoin (DOGE) and Shiba Inu (SHIB). 

Having no utility, the success of Dogwifhat (WIF) has birthed other spinoffs, Catwifhat, Simbawifhat, Wenwifhat, and Bonkwifhat, with more hat-wearing dog memecoins hitting the market afterwards. Dogwifhat has thus far recorded significant feats in terms of valuation and exchange listing.

The token approached the $5 mark on March 31, 2024 ($4.58B market cap), saw massive price movements after the November U.S. elections, and got listed on Binance US, Coinbase, KuCoin, Robinhood, and more.

However, a massive bear market ensued, and WIF lost momentum. Leaving investors asking: How high can dogwifhat crypto go?

Let’s explore the current market sentiments and the possibilities of WIF reaching new all-time highs (ATHs).

Overview

Cryptocurrency Dogwifhat
Ticker WIF
Current price $0.64
Market cap $572,272,889.11
Trading volume $342,641,465.12
Circulating supply 998,841,207.34 WIF
All-time high $4.85 on March 31, 2024
All-time low $0.000023 on November 2023
24-hour high $0.6012
24-hour low $0.5486

Dogwifhat price prediction: Technical analysis

Metric Value
Volatility (30-day Variation) 25.98%
50-day SMA $1.112
14-Day RSI 33.65
Sentiment Bearish
Fear & Greed Index 16 (Extreme Fear)
Green days 7/30 (23%)
200-Day SMA $2.07

Dogwifhat (WIF) price analysis: WIF to break past resistance at $0.669?

TL;DR Breakdown

  • WIF is currently in the oversold region.
  • Dogwifhat (WIF) resistance is present at around $0.590.
  • WIF’s immediate support level is present at $0.536.

Dogwifhat price analysis 1-day chart: WIF struggles to break out of bearish trend

The 1-day chart for WIF on February 28 shows the coin trading below the 20, 50, and 200-day SMA and struggling to recover from a prolonged bearish trend. WIF gained some momentum but hit resistance at $0.669, causing a decline to the $0.536 – $0.590 range. The MACD, on the other hand, suggests growing buying momentum, as the MACD line is above the signal line.

Dogwifhat price analysis 1-day chart
WIF struggles to break out of a bearish trend

The RSI indicates the asset is in oversold territory, hinting at a potential bounce provided buyers pump in liquidity. A break above $0.669 is needed to confirm any signs of recovery, while a drop below the $0.536 support region could result in a further decline towards $0.4.

Dogwifhat price analysis 4-hour chart: WIF shows consolidation after a minor upside

The 4-hour WIF/USDT chart suggests possible short-term consolidation after a minor upside. Dogwifhat currently trades just above the middle Bollinger Band (a short-term support level). A bounce from this level could lead to another attempt at the $0.620 resistance level.

Dogwifhat price analysis 4-hour chart
WIF shows consolidation after a minor upside

The Balance of Power (BOP) suggests that the bulls are gaining some hold on the market. However, the Chaikin Money Flow (CMF) indicates money outflows, which could limit any potential upside in the short term. WIF needs to recapture the $0.610 price level and break past resistance at $0.620 to confirm the position of the BOP indicator.

Dogwifhat technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value Action
SMA 3 $0.9185 SELL
SMA 5 $0.7951 SELL
SMA 10 $0.8307 SELL
SMA 21 $0.7279 SELL
SMA 50 $1.1123 SELL
SMA 100 $1.8528 SELL
SMA 200 $2.07 SELL

Daily exponential moving average (EMA)

Period Value Action
EMA 3 $0.7798 SELL
EMA 5 $0.9474 SELL
EMA 10 $1.2288 SELL
EMA 21 $1.5698 SELL
EMA 50 $2.04 SELL
EMA 100 $2.26 SELL
EMA 200 $2.28 SELL

What to expect from WIF price analysis?

The broader outlook for WIF is bearish. In the meantime, a recapture and break out of the $0.610 – $0.669 price level is needed to confirm a possible bullish reversal, while a long-term push above $0.719 could signal a sustainable uptrend. A failed bullish attempt could result in further price declines towards $0.503.

Is Dogwifhat crypto a good investment?

Dogwifhat (WIF) is a meme coin on the Solana blockchain. Its value is driven by community interest and speculation. Projections indicate that by 2025, the price could recover to about $1.5 to $2. While it may have potential for short-term gains, it’s equally risky. Only invest after thorough research.

Where to buy WIF?

Currently, traders and investors can buy Dogwifhat (WIF) on these CEXs: Binance, Binance.US, Raydium, Coinbase Exchange, Gate.io, KuCoin, Crypto.com Exchange, MEXC, HTX, Bybit, Bitget, LBank and several others.

Why is $WIF down?

WIF is down after facing rejection at $0.5875. The coin is down due to diminishing market interest and folding liquidity triggered by massive selloffs and a shift to other assets that investors consider more profitable.

Dogwifhat (WIF) price chart
Dogwifhat (WIF) price chart | Coinmarketcap

Will WIF reach $10?

Having reached a peak price of $4.85 in 2024, the $10 target might not be too far-fetched.

Can Dogwifhat reach $100?

Dogwifhat (WIF) reaching $100 is highly ambitious and could be unlikely. Its market must be at least $99.9 billion – a value that exceeds the highest market cap ever for a meme (Dogecoin) at $88.79 billion.

DOGE's marketcap history
DOGE’s marketcap history | GlobalData

Does WIF have a good long-term future?

WIF has the potential for a good long-term future if it continues to gain popularity and adoption. Analysts project a market price of about $1.5 by 2025 and about $6 to $8 by 2031. However, as with all meme coins, WIF’s future is uncertain and highly dependent on market trends and community support.

Recent news/opinion on WIF

  • Shopping.io announces that it now accepts $WIF as a payment method.

Dogwifhat price prediction February 2025

If the bulls back WIF, the token could reach as high as $0.89 in February. Traders can expect an average trading price of $0.67 and a minimum price of $0.45. 

Dogwifhat price prediction Potential Low ($) Average Price ($) Potential High ($)
WIF price prediction February 2025 0.45 0.67 0.89

Dogwifhat price prediction 2025

Impactful updates and community support in 2025 could see WIF surge to a maximum value of $1.49. On average, the WIF token could trade for around $1.02. Its minimum price is expected to be about $0.70.

Dogwifhat price prediction Potential Low ($) Average Price ($) Potential High ($)
Dogwifhat price prediction 2025 0.70 1.02 1.49

Dogwifhat price prediction 2026-2031

Year Minimum price ($) Average price ($) Maximum price ($)
2026 $1.82 $2.07 $2.32
2027 $2.65 $2.90 $3.15
2028 $3.48 $3.73 $3.98
2029 $4.31 $4.55 $4.80
2030 $5.13 $5.38 $5.63
2031 $5.96 $6.21 $6.46

Dogwifhat price forecast 2026

According to the WIF price forecast for 2026, Dogwifhat is anticipated to trade at a minimum price of $1.82, a maximum price of $2.32, and an average price of $2.07.

Dogwifhat price prediction 2027

The WIF price prediction for 2027 indicates a continued rise, with minimum and maximum prices of $2.65 and $3.15, respectively, and an average price of $2.90.

Dogwifhat price prediction 2028

Dogwifhat price is expected to reach a minimum of $3.48 in 2028. The maximum expected WIF price is $3.90, with an average price of $3.73.

Dogwifhat price prediction 2029

The WIF price prediction for 2029 estimates a minimum price of $4.31, a maximum price of $4.80, and an average price of $4.55.

Dogwifhat price prediction 2030

The Dogwifhat price prediction for 2030 suggests a minimum price of $5.13 and an average price of $5.38. The maximum forecasted Dogwifhat price is set at $5.63.

Dogwifhat (WIF) price prediction 2031

The WIF price prediction for 2031 anticipates a surge in price, resulting in a maximum price of $6.46. Based on expert analysis, investors can expect an average price of $6.21 and a minimum price of about $5.96.

Dogwifhat price prediction 2025 - 2031
Dogwifhat price prediction 2025 – 2031

Dogwifhat market price prediction: Analysts’ WIF price forecast

Firm 2025 2026
DigitalCoinPrice $4.63 $5.45
CryptoPredictions $3.872 $5.458
CoinCodex $10.06 $5.75

Cryptopolitan’s Dogwifhat (WIF) price prediction

Cryptopolitan’s WIF price prediction proposes a bullish outlook for Dogwifhat’s future price should the market recover soon. According to our analysis, if the bulls get back in for the token in 2025, WIF could recover to about $1.5. By 2028, we expect continuous growth of the overall crypto market and a utility-based approach for WIF, which could see the token trade at an average price of $5.

Dogwifhat historic price sentiment

Dogwifhat price history
Dogwifhat price history | Source: Coinmarketcap
  • Dogwifhat (WIF) launched in November 2023 and traded within the range of $0.1 – $0.3 for the remainder of 2023.
  • WIF began 2024 at $0.15, surged past $0.5 in January, and hit its ATH of $4.85 by March’s end after strong bullish momentum.
  • The token fell to $1.95 in April, consolidating between $2 and $4 until May, but dropped to $1.48 in June amidst bearish pressure.
  • WIF saw mixed performance in the second half, peaking at $4.67 in November before closing the year at $1.86 under renewed bearish pressure.
  • WIF opened the market at $1.862 in January 2025 and closed the month at $1.1138. Further price drops have ensued thus far in February, and WIF currently trades between $0.5486 and $0.6012.

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