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Dogwifhat price prediction 2024 – 2030: Will WIF reach $10?

3h ago
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Key takeaways

  • Dogwifhat’s price prediction suggests a bullish trend, with WIF anticipated to reach $2.50 by the end of 2024.
  • WIF could reach a maximum price of $26.63 by the end of 2027.
  • By 2030, WIF’s price may surge to $42.88.                  

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 a 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 another spinoff, catwifhat, with more hat-wearing dog memecoins expected to hit the market soon. Having closed in on the $5 mark on March 31, 2024, can WIF reach $10 soon?

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

Overview

CryptocurrencyDogwifhat
TickerWIF
Current price$2.19
Market cap$2,190,543,993
Trading volume$813,567,810
Circulating supply998,845,724 WIF
All-time high$4.85 on March 31, 2024
All-time low$0.0677 on January 8, 2024
24-hour high$1.95
24-hour low$2.29

Dogwifhat price prediction: Technical analysis

MetricValue
Price Prediction$7.32  (237.42%)
Volatility (30-day Variation)12.46%
50-day SMA$2.40
14-Day RSI56.23
SentimentNeutral
Fear & Greed Index65 (Greed)
Green days14/30 (47%)

Dogwifhat (WIF) price analysis: WIF recaptures $2, set for next target?

TL;DR Breakdown

  • Dogwifhat (WIF) is currently bullish.
  • WIF’s support level is present at $2.0613.
  • WIF breaks out of falling wedge, targets $2.5.

Dogwifhat price analysis 1-day chart: WIF breaks past previous resistance levels, eyes $2.37

The 24-hour Dogwifhat (WIF) price chart for July 16 shows a significant upward trend. WIF is currently trading above its previous resistance levels at R1 ($1.7828) and R2 ($1.8968), further supporting the bullish sentiment.

The Bollinger Bands have widened, reflecting increased volatility and significant price movement during this period. WIF is approaching the upper Bollinger Band, which could indicate potential resistance at $2.3723. 

WIF 1-day price chart from Tradingview

The RSI has also risen from an oversold level to around 56.64, suggesting strengthening momentum but not yet overbought conditions. Failure to break past its immediate resistance at $2.3723 could result in a potential pullback to current support at $2.0613.

Dogwifhat price analysis 4-hour chart: Will WIF encounter selloffs at $2.5?

The 4-hour price chart shows reversal from a downtrend, characterized by WIF’s price breaking out upwards from the falling wedge. Additionally, the chart shows the formation of a triple bottom pattern, which is indicative of a bullish reversal.

WIF 4-hour price chart from Tradingview

Dogwifhat (WIF) is trading above $2.1, with sustained buying pressure, the next price target could be $2.5 – a potential resistance zone where the price might face selloffs. A break out above the $2.5 mark could see WIF approach $3.

The Moving Average Convergence Divergence (MACD) indicator shows the MACD line crossing above the signal line, confirming the upward momentum. Additionally, the Relative Strength Index (RSI) is currently at 66.88, indicating strong buying pressure, but also possible correction or consolidation, emphasizing the need for caution. 

Dogwifhat technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 3 2.0295SELL
SMA 51.8516SELL
SMA 101.7475SELL
SMA 211.8960SELL
SMA 502.3406SELL
SMA 1002.6464SELL
SMA 200

Daily exponential moving average (EMA)

Period Value ($)Action
EMA 32.0554SELL
EMA 51.9491SELL
EMA 101.8653SELL
EMA 211.9128SELL
EMA 502.1919SELL
EMA 1002.4552SELL
EMA 200

What to expect from WIF price analysis?

Our analysis shows that the WIF market sentiment is bullish, and the fear greed index shows greed among investors. The move comes as WIF breaks above previous resistance levels. The bullish scenario could take WIF up to the next resistance at $2.3723.

Is Dogwifhat a good investment?

Dogwifhat has experienced notable price fluctuations, particularly with a substantial increase in value beginning in late February 2024. While analysts hold diverse opinions on the future of this meme coin, the prevailing sentiment is optimistic. Projections indicate that by 2030, the price could rise to between $25 and $42, highlighting significant potential for further growth.

Where to buy WIF?

Currently, traders and investors can buy Dogwifhat (WIF) on these CEXs: Binance, KuCoin, HTX, Bybit, Bitget and several others.

Why is WIF up?

WIF is up due to a combination of market volatility, recent bullish trends, and strong buying pressure by investors. Dogwifhat recently experienced a bullish reversal, after successful attempts to break above its resistance level at $1.7872, resulting in an uptrend. 

Will WIF reach $10?

Having already reached about $5 on March 31, 2024, the $10 target might not be too far-fetched. Predictions by analysts suggest the token could surpass $10 as soon as 2025.

Will WIF reach $100?

Dogwifhat (WIF) reaching $100 is highly ambitious and would require exceptional growth, widespread adoption, and wild market speculation. 

Does WIF have a good long-term future?

WIF has potential for a good long-term future if it continues to gain popularity and adoption. Analysts project a market price of about $7 by 2025 and $40 by 2030. However, as with all meme coins, its future is uncertain and highly dependent on market trends and community support.

Recent news/opinion on WIF

Dogwifhat (WIF) named Forbes’ best-performing cryptocurrency of the first half of 2024.

Now with a market cap of over $1.58 billion, WIF surpasses BONK as the largest meme coin in the Solana ecosystem.

WIF price prediction
Coin ranking from Coinmarketcap

Despite being 67% down from its all-time high, holders think that WIF will surpass DOGE as the $90 billion market cap coin.

WIF price prediction
A thread on Dogwifhat (WIF) from Reddit.

Dogwifhat price prediction July 2024

If the bulls back WIF, the token could breakout reaching a peak of $2.5, and an average trading price of $2.17 in July 2024. A bearish outlook for the market could see WIF drop to as low as $1.34. 

Dogwifhat price predictionPotential LowAverage PricePotential High
WIF price prediction July 2024$1.34$2.17$2.50

Dogwifhat price prediction 2024

Impactful updates and major collaborations in Q3 and Q4 of 2024 may cause the value of WIF to surge, reaching a maximum value of $7.20. On the flip side, negative market sentiments could knock WIF down to a minimum price of $1.25. On average, WIF token could trade around $5.26.

Dogwifhat price predictionPotential Low Average Price Potential High 
Dogwifhat price prediction 2024$1.25$5.26$7.20

Dogwifhat price prediction 2025-2030

YearPotential Low ($)Average Price ($)Potential High ($)
20253.939.1511.92
20267.7716.0018.12
202713.3822.9826.63
202817.5729.9532.00
202922.3735.0136.72
203025.2240.4142.88

Dogwifhat (WIF) price prediction 2025

The WIF price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $11.92. Based on expert analysis, investors can expect an average price of $9.15, and a minimum price of about $3.93.

Dogwifhat price forecast 2026

According to the WIF price forecast for 2026, Dogwifhat is anticipated to trade at a minimum price of $7.77, a maximum price of $18.12, with an average price of $16.00.

Dogwifhat price prediction 2027

The WIF price prediction for 2027 indicates a continued rise with minimum and maximum prices of $13.38 and $26.63, respectively, as well as an average price of $22.98.

Dogwifhat price prediction 2028

Dogwifhat price is expected to reach a minimum of $17.57 in 2028. The maximum expected WIF price is $32.00, with an average price of $29.95.

Dogwifhat price prediction 2029

The WIF price prediction for 2029 estimates a minimum price of $22.37, a maximum price of $36.72, and an average price of $35.01.

Dogwifhat price prediction 2030

The Dogwifhat price prediction for 2030 suggests a minimum price of $25.22 and an average price of $40.41. The maximum forecasted Dogwifhat price is set at $42.88.

Dogwifhat market price prediction: Analysts’ WIF price forecast

Firm20242025
Gov.Capital$0.0296$0.0437
DigitalCoinPrice$1.40$3.37
CryptoPredictions$2.295$2.669
CoinCodex$4.21$7.47

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 expert analysis, WIF might record a maximum price of $5 by the end of 2024, and an average price of $7.5 in 2025 if the bulls back the token.

Dogwifhat historic price sentiment

WIF price history from Coinmarketcap
  • Dogwifhat (WIF) launched in November 2023, and traded within the range of $0.1 – $0.3 for the remainder of 2023.
  • WIF started 2024 at $0.15 and surpassed the $0.5 mark on January 18. However, the token soon faced rejection, plummeting to $0.1795 on February 6.
  • A bullish wave followed, taking Dogwifhat (WIF) to $0.90 by the end of February. Further upsides were experienced in the market, pushing WIF to $3.60 by mid March. The token reached its all-time-high (ATH) of $4.85 by March ending.
  • Mirroring the overall crypto market sentiment, WIF fell to $1.95 in April, but consolidated between $2 – $4 till May 29, 2024.
  • The bears took control of the market in June which saw WIF return to its early March 2024 levels, trading as low as $1.4831. 
  • In July, WIF has experienced a mixed market, reaching $2.3627 earlier on, but soon dropped to as low as $1.4971. At the time of writing, WIF is trading within the range of $2.05 to $2.29.
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