Key takeaways
- Dogwifhat’s price prediction for 2024 suggests a maximum price of $4.98.
- WIF could reach a maximum price of $16.21 by the end of 2027.
- By 2030, WIF’s price may surge to $23.65.
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 other spinoffs, Catwifhat, Simbawifhat, Wenwifhat, and Bonkwifhat, with more hat-wearing dog memecoins expected to hit the market soon. Having closed in on the $5 mark on March 31, 2024, and also recaptured $4 post-U.S. elections in November, can WIF reach $10 soon?
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 | $1.94 |
| Market cap | $1,950,929,011.16 |
| Trading volume | $484,278,989.73 |
| Circulating supply | 998,844,754.15 WIF |
| All-time high | $4.85 on March 31, 2024 |
| All-time low | $0.0677 on January 8, 2024 |
| 24-hour high | $2.02 |
| 24-hour low | $1.82 |
Dogwifhat price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $6.37 (230.00%) |
| Volatility (30-day Variation) | 13.26% |
| 50-day SMA | $3.00 |
| 14-Day RSI | 32.23 |
| Sentiment | Bearish |
| Fear & Greed Index | 73 (Greed) |
| Green days | 12/30 (40%) |
| 200-Day SMA | $2.31 |
Dogwifhat (WIF) price analysis: Downward pressure intensifies as WIF sinks below $2
TL;DR Breakdown
- WIF’s price analysis shows consolidation with tightening Bollinger Bands.
- Dogwifhat (WIF) resistance is present at around $2.014.
- WIF’s support level is present at $1.766.
The Dogwifhat price analysis for December 22 shows a slight recovery from the intense bear pressure. Despite the 2% gain in the past few hours, the possibility of further downsides still looms. WIF has lost 32.38% in 7 days and 38% in the past 30 days.
Dogwifhat price analysis 1-day chart: WIF shows slight recovery from downtrend, gains 2.96%
The 1-day chart for WIF shows a slight recovery, with the price up 2.96%. However, the token remains in a broader downtrend, trading below its SMA (Simple Moving Average) at $2.385, highlighting continued bearish sentiment.
The Relative Strength Index (RSI) is at 31.38, signaling oversold conditions. This suggests that selling pressure might be easing, with the potential for a short-term rebound.
The MACD indicator shows a bearish crossover, with the MACD line below the signal line, alongside a negative histogram. This confirms the dominance of sellers and weak momentum for a sustainable recovery.
WIF’s Immediate support is present near $1.365, and failure to hold this level could push the price lower. On the upside, breaking above the $2.385 SMA could spark a stronger recovery toward resistance levels at $2.50 and beyond.
Dogwifhat price analysis 4-hour chart: WIF is consolidating around $1.941
The 4-hour chart for WIF highlights ongoing consolidation around $1.941. The Bollinger Bands indicate narrowing volatility, with the upper band at $2.263 and the lower band at $1.766, suggesting a potential breakout as the price hovers near the middle band at $2.014.
The Balance of Power (BoP) at -0.11 signals weak bearish pressure, corroborated by the MACD indicator showing a slight bullish divergence. This could indicate growing bullish momentum, though confirmation is needed with increased volume or a breakout above the Bollinger Band basis.
Dogwifhat technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 2.46 | SELL |
| SMA 5 | 2.49 | SELL |
| SMA 10 | 2.69 | SELL |
| SMA 21 | 3.03 | SELL |
| SMA 50 | 3.00 | SELL |
| SMA 100 | 2.62 | SELL |
| SMA 200 | 2.31 | SELL |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 2.43 | SELL |
| EMA 5 | 2.55 | SELL |
| EMA 10 | 2.76 | SELL |
| EMA 21 | 2.94 | SELL |
| EMA 50 | 2.93 | SELL |
| EMA 100 | 2.72 | BUY |
| EMA 200 | 2.47 | BUY |
What to expect from WIF price analysis?
WIF is consolidating near $1.941, with resistance at $2.014 and support at $1.766. Narrowing Bollinger Bands suggest a breakout, while the MACD hints at bullish momentum, needing higher volume for confirmation. Traders can expect further consolidation or a breakout soon.
Is Dogwifhat a good investment?
Dogwifhat has experienced notable price fluctuations, particularly with a substantial increase in value in March, July, and October/November of 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 $15 and $20.
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?
After rebounding at $4.0013 due to price corrections, WIF is currently trading between $1.82 and $2.02. The current decline suggests that WIF is experiencing bearish momentum.
Will WIF reach $10?
Having touched $4.67 in November 2024, the $10 target might not be too far-fetched. Analyst predictions suggest the token could surpass $10 as soon as 2026.
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 the 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 $20 by 2030. 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
- Binance.US opens trading for the WIF/USDT pair
- dogwifhat (WIF) is now live on coinbase.com and available to New York residents.
Dogwifhat price prediction December 2024
If the bulls back WIF, the token could recapture the $4 mark, reaching as high as $4.02. Traders can expect an average trading price of $2.84 and a minimum price of $1.76.
| Dogwifhat price prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| WIF price prediction December 2024 | 1.76 | 2.84 | 4.02 |
Dogwifhat price prediction 2024
Impactful updates and community support in Q4 of 2024 could see WIF surge to a maximum value of $4.98. On average, the WIF token could trade for around $3.34. Its minimum price is expected to be about $2.20.
| Dogwifhat price prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| Dogwifhat price prediction 2024 | 2.20 | 3.34 | 4.98 |
Dogwifhat price prediction 2025-2030
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | $7.43 | $8.44 | $9.46 |
| 2026 | $10.81 | $11.82 | $12.84 |
| 2027 | $14.19 | $15.20 | $16.21 |
| 2028 | $17.56 | $18.58 | $19.59 |
| 2029 | $20.94 | $21.95 | $22.97 |
| 2030 | $24.32 | $25.33 | $26.35 |
Dogwifhat (WIF) price prediction 2025
The WIF price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $9.46. Based on expert analysis, investors can expect an average price of $8.44 and a minimum price of about $7.43.
Dogwifhat price forecast 2026
According to the WIF price forecast for 2026, Dogwifhat is anticipated to trade at a minimum price of $10.81, a maximum price of $12.84, and an average price of $11.82.
Dogwifhat price prediction 2027
The WIF price prediction for 2027 indicates a continued rise with minimum and maximum prices of $14.19 and $16.21, respectively, as well as an average price of $15.20.
Dogwifhat price prediction 2028
Dogwifhat price is expected to reach a minimum of $17.56 in 2028. The maximum expected WIF price is $19.59, with an average price of $18.58.
Dogwifhat price prediction 2029
The WIF price prediction for 2029 estimates a minimum price of $20.94, a maximum price of $22.97, and an average price of $21.95.
Dogwifhat price prediction 2030
The Dogwifhat price prediction for 2030 suggests a minimum price of $24.32 and an average price of $25.33. The maximum forecasted Dogwifhat price is set at $26.35.
Dogwifhat market price prediction: Analysts’ WIF price forecast
| Firm | 2024 | 2025 |
| DigitalCoinPrice | $7.13 | $8.61 |
| CryptoPredictions | $3.328 | $6.064 |
| CoinCodex | $3.36 | $8.52 |
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 continue to back the token, WIF might record a maximum price of $4 by the end of 2024 and an average of $6 in 2025.
Dogwifhat historic price sentiment
- 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 end.
- 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 experienced a mixed market, reaching a high of $2.895, and closing the month at $2.1765. The following month saw WIF recapture $2 but later dropped to $1.5178.
- Dogwifhat hit $2.6 in September and a high of $2.97 in late October. WIF reached a peak price of $4.67 in November; in December, the token has yielded to bear pressure, and is currently below $2.
