Shiba

dogwifhat

Shiba Inu

Coin

<p>The cryptocurrency space has witnessed a surge in the popularity of meme coins, and one such token, Dogwifhat (WIF), has taken the spotlight. Launched in November 2023, this playful digital asset quickly gained traction with its Shiba Inu dog mascot donning a pink knitted hat – a trait that earned it the affectionate moniker “Doge with a Hat.”</p>
<h2 class="wp-block-heading" id="strong-wif-s-price-performance-and-technical-analysis-strong"><strong>WIF’s Price Performance and Technical Analysis</strong></h2>
<p>According to CoinGecko, Dogwifhat’s price currently stands at <a href="https://www.coingecko.com/en/coins/dogwifhat" target="_blank" rel="noopener noreferrer nofollow">$2.69</a>, with a 24-hour trading volume of $468,714,957.96. This represents an 18.98% price increase over the past 24 hours. However, <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coins are known for their volatility.</p>
<p>Besides, a technical analysis of Dogwifhat’s 4-hour chart by analyst ParabolicP from Tradingview <a href="https://www.tradingview.com/chart/WIFUSDT/NIOrGbNj-Dogwifhat-WIF-A-Popular-Meme-Coin-with-Potential/" target="_blank" rel="noopener noreferrer nofollow">reveals</a> a potentially bullish pattern. The chart appears to be forming a falling wedge, which is generally considered a bullish signal indicating a potential reversal of a downtrend. The converging trendlines suggest buying pressure absorbing selling pressure, potentially leading to a price increase.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="359" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134-1024x359.png" alt="" class="wp-image-459618" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134-1024x359.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134-300x105.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134-765x268.png 765w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134-1536x538.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134-2048x717.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134-428x150.png 428w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134-100x35.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134-1000x350.png 1000w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134-788x275.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1134.png 1228w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Moreover, ParabolicP notes that if Dogwifhat breaks out from the wedge, ideally with increased trading volume, it could signal an upward move. Based on the falling wedge pattern, the target price for Dogwifhat could be around $4. This target is calculated by measuring the height of the wedge at its widest point and adding that distance to the breakout point above the upper trendline.</p>
<h2 class="wp-block-heading" id="strong-doge-day-and-coinbase-futures-strong"><strong>Doge Day and Coinbase Futures</strong></h2>
<p>Meanwhile, the crypto world eagerly awaits April 20th, known as ‘Doge Day,’ where enthusiasts celebrate the not-so-serious origins of Doge, honoring the 420 meme coin. Additionally, Coinbase International plans to launch $DOGE futures trading on April 1st, which could potentially fuel more interest in the meme coin.</p>
<p>As <a href="https://x.com/SummersThings/status/1770534349349240873?s=20" target="_blank" rel="noopener noreferrer nofollow">reported</a> by @SummersThings, “Coinbase Derivatives LLC quietly filed certifications with CFTC to list US regulated futures for Dogecoin, Litecoin and Bitcoin Cash. They filed them on March 7 and surprisingly nobody seemed to notice. Futures are set to start trading on April 1 if there are no objections from CFTC.”</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>Dogwifhat has emerged as a popular meme coin with a strong community and noteworthy initial growth. However, it is essential to remember that meme coins are highly speculative and susceptible to significant price swings driven by social media sentiment and community engagement.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/is-the-solana-era-ending-elite-analyst-bets-on-coinbases-layer-2-ecosystem-heres-his-outlook/" target="_blank" rel="noopener noreferrer nofollow">Is the Solana Era Ending? Elite Analyst Bets on Coinbase’s Layer 2 Ecosystem – Here’s His Outlook</a></li>
 <li><a href="https://captainaltcoin.com/stacks-stx-price-eyes-4-following-30-pump-while-the-graph-grt-consolidates-heres-why/" target="_blank" rel="noopener noreferrer nofollow">Stacks (STX) Price Eyes $4 Following 30% Pump While The Graph (GRT) Consolidates – Here’s Why</a></li>
 <li><a href="https://captainaltcoin.com/the-2024-launchpad-token-outlook-bull-run-investment-strategy/" target="_blank" rel="noopener noreferrer nofollow">The 2024 Launchpad Token Outlook: Bull Run Investment Strategy</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/meme-coin-frenzy-heres-why-dogwifhat-wif-and-dogecoin-doge-could-be-poised-for-major-price-surges/" rel="noopener noreferrer nofollow">Meme Coin Frenzy: Here’s Why dogwifhat (WIF) and Dogecoin (DOGE) Could be Poised for Major Price Surges</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Meme Coin Frenzy: Here’s Why dogwifhat (WIF) and Dogecoin (DOGE) Could be Poised for Major Price Surges

Table of Contents

CaptainAltcoin

Другие статьи, опубликованные 25 мар. 2024 г.

Double Bonk (BONK) Holdings In New Bonk (BONK) Rival Attracting Cryptocurrency Whales

Litecoin’s price can jump 22%, but not before THIS happens

Why Did Bitcoin (BTC) Price Soar Today? Here are Analysts’ Theories

Binance phases out Tron USDC amidst regulatory backlash

Binance Launches Locked SOL Products: Earn Rewards

Wrapped Bitcoin's Price Increased More Than 5% Within 24 hours

Join our free newsletter for daily crypto updates!