Key Takeaways
- Dogwifhat’s (WIF) price prediction for 2025 suggests a maximum price of $1.78.
- WIF could reach a maximum price of $3.54 by the end of 2028.
- By 2031, WIF’s price may surge to $5.75.
Remember Dogecoin and Shiba Inu? The popular dog-themed memecoins!
Overview
Dogwifhat (WIF) is another dog-inspired memecoin built on the Solana blockchain. Despite being relatively new (launched in November 2023), the “dog wif a hat” project saw remarkable success post-launch.
Following its listing on Binance and a popular crowdfunding campaign that raised over 690,000 USDC, the value of WIF surged, temporarily ranking as the 3rd largest memecoin behind Dogecoin (DOGE) and Shiba Inu (SHIB).
The token approached the $5 mark on March 31, 2024, with significant trading movements occurring after the November U.S. elections, getting listed on multiple platforms such as Binance US and Coinbase.
However, a bear market ensued, leading to questions about WIF’s future potential.
| Cryptocurrency | Dogwifhat |
|---|---|
| Ticker | WIF |
| Current price | $0.767 |
| Market cap | $771.99M |
| Trading volume | $237.16M |
| Circulating supply | 998.84M WIF |
| All-time high | $4.85 on March 31, 2024 |
| All-time low | $0.000023 on November 2023 |
| 24-hour high | $0.818 |
| 24-hour low | $0.7394 |
Price Prediction and Technical Analysis
Summary
- Current market sentiment appears bearish, with price movement down to $0.767 (3.28% decline).
- Key support at $0.721 needs to hold to avoid further downside.
Technical Indicators
Moving Averages and Actions
| SMA/EMA Period | Value | Action |
|---|---|---|
| SMA 3 | $0.6429 | BUY |
| SMA 5 | $0.7374 | BUY |
| SMA 10 | $0.8296 | SELL |
| SMA 21 | $0.8687 | SELL |
| SMA 50 | $0.9102 | SELL |
| SMA 100 | $0.7166 | BUY |
| SMA 200 | $1.1850 | SELL |
Future Predictions
- Price predictions suggest WIF might reach $1.78 in 2025 and potentially peak around $5.75 by 2031.
Is Dogwifhat Crypto a Good Investment?
Dogwifhat is speculative, largely driven by community interest rather than utility. While it offers short-term trading opportunities, long-term investment potential is questionable.
Where to Buy WIF
Currently, WIF can be purchased on CEXs like Binance, Binance US, Coinbase, and KuCoin.
Recent Developments and Community Engagement
- Bithumb Listing: New $WIF/KRW trading pair announced.
- Gameplay Integration: $WIF now available for play on Memecoin.io.
Price Predictions (2025 – 2031)
| Year | Min Price | Avg Price | Max Price |
|---|---|---|---|
| 2025 | 0.3053 | 0.92 | 1.78 |
| 2026 | 1.62 | 1.84 | 2.07 |
| 2027 | 2.36 | 2.58 | 2.80 |
| 2028 | 3.10 | 3.32 | 3.54 |
| 2029 | 3.84 | 4.06 | 4.28 |
| 2030 | 4.57 | 4.79 | 5.02 |
| 2031 | 5.31 | 5.53 | 5.75 |
Conclusion
Analysts provide a mixed outlook for WIF, emphasizing its speculative nature and the impact of market trends on its long-term viability and growth potential.
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