Key takeaways
- Dogwifhat’s price prediction suggests a recovery to $2.83 by the end of 2024.
- WIF could reach a maximum price of $6.75 by the end of 2027.
- By 2030, WIF’s price may surge to $11.01.
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, Bonkwifhat, 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
| Cryptocurrency | Dogwifhat |
| Ticker | WIF |
| Current price | $1.47 |
| Market cap | $1,466,244,036 |
| Trading volume | $298,777,137 |
| Circulating supply | 998,845,547 WIF |
| All-time high | $4.85 on March 31, 2024 |
| All-time low | $0.0677 on January 8, 2024 |
| 24-hour high | $1.50 |
| 24-hour low | $1.39 |
Dogwifhat price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $4.89 (234.65%) |
| Volatility (30-day Variation) | 9.96% |
| 50-day SMA | $1.924 |
| 14-Day RSI | 40.01 |
| Sentiment | Bearish |
| Fear & Greed Index | 26 (Fear) |
| Green days | 13/30 (43%) |
Dogwifhat (WIF) price analysis: WIF to reach $1.95 amid bearish price movements?
TL;DR Breakdown
- Dogwifhat (WIF) is currently bearish.
- WIF’s critical support level is present at $1.318.
- A breakout of the falling wedge could see WIF reclaim the $2 price level.
The Dogwifhat (WIF) price analysis for September 2 shows a bear market for the token and the possibility of further price dips if the negative sentiment persists. However, a breakout above $1.602 could see WIF reach higher lows.
Dogwifhat price analysis 1-day chart: WIF is forming lower highs and lows
The 1-day price chart of WIF/USDT shows a predominantly bearish trend, with the price forming lower highs and lows over recent months. WIF has found support at $1.318, with key resistance present at $1.602. The token’s price history suggests a possible bullish scenario where the price could recapture $1.950. However, for this upward movement to materialize, WIF would first need to convincingly break through $1.602.
The Relative Strength Index (RSI) is neutral at 46.61, suggesting no clear overbought or oversold conditions, implying that the market could move in either direction. If WIF holds above $1.450 and breaks through $1.602, a move toward $2 is possible. Conversely, dropping to $1.318 could trigger further downside.
Dogwifhat price analysis 4-hour chart: WIF is bearish in the short term
The 4-hour WIF/USDT chart shows a bearish trend with the price at $1.455, just below the middle Bollinger Band ($1.490), suggesting continued downward pressure. The lower Bollinger Band at $1.398 is a key support level, while the upper band at $1.581 serves as resistance.
The MACD indicator shows a recent bearish crossover, with the MACD line crossing below the signal line and histogram bars turning red, reinforcing the bearish sentiment. If the price fails to break above $1.490 and the MACD remains bearish, further downside movement is likely.
Dogwifhat technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 1.425 | BUY |
| SMA 5 | 1.485 | SELL |
| SMA 10 | 1.705 | SELL |
| SMA 21 | 1.653 | SELL |
| SMA 50 | 1.924 | SELL |
| SMA 100 | 2.180 | SELL |
| SMA 200 | 2.120 | SELL |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 1.567 | SELL |
| EMA 5 | 1.544 | SELL |
| EMA 10 | 1.563 | SELL |
| EMA 21 | 1.679 | SELL |
| EMA 50 | 1.909 | SELL |
| EMA 100 | 2.100 | SELL |
| EMA 200 | 2.100 | SELL |
What to expect from WIF price analysis?
Our analysis shows that the WIF market sentiment is bearish. The move comes as WIF drops lower with failed attempts to break above $1.602. The bearish scenario could take WIF down to the $1.3 region.
Is Dogwifhat a good investment?
Dogwifhat has experienced notable price fluctuations, particularly with a substantial increase in value between February and May 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 $9 and $13.
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 down?
WIF is down due to a combination of market volatility, recent bearish trends, and profit-taking by investors. Dogwifhat has been in a general downturn since early June 2024, with failed attempts to break above its resistance level at $1.7872, resulting in a retracement back down.
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 2030.
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 $3.5 by 2025 and $12 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
- Kraken Pro adds $WIF to futures, grants holders exposure to 200+ perpetual futures.
- Dogwifhat (WIF) named Forbes’ best-performing cryptocurrency of the first half of 2024.
Dogwifhat price prediction September 2024
If the bulls back WIF, the token could break out reaching a peak of $1.85, and an average trading price of $1.62 in September 2024. A bearish outlook for the market could see WIF drop to as low as $1.40.
| Dogwifhat price prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| WIF price prediction September 2024 | 1.40 | 1.62 | 1.85 |
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 $2.83. On the flip side, negative market sentiments could knock WIF down to a minimum price of $1.31. On average, the WIF token could trade around $2.05.
| Dogwifhat price prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| Dogwifhat price prediction 2024 | 1.31 | 2.05 | 2.83 |
Dogwifhat price prediction 2025-2030
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | 3.15 | 3.63 | 3.76 |
| 2026 | 4.33 | 5.25 | 5.35 |
| 2027 | 5.65 | 6.54 | 6.75 |
| 2028 | 5.92 | 6.91 | 7.23 |
| 2029 | 6.96 | 7.33 | 7.99 |
| 2030 | 9.90 | 10.70 | 11.01 |
Dogwifhat (WIF) price prediction 2025
The WIF price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $3.76. Based on expert analysis, investors can expect an average price of $3.63, and a minimum price of about $3.15.
Dogwifhat price forecast 2026
According to the WIF price forecast for 2026, Dogwifhat is anticipated to trade at a minimum price of $4.33, a maximum price of $5.35, with an average price of $5.25.
Dogwifhat price prediction 2027
The WIF price prediction for 2027 indicates a continued rise with minimum and maximum prices of $5.65 and $6.75, respectively, as well as an average price of $6.54.
Dogwifhat price prediction 2028
Dogwifhat price is expected to reach a minimum of $5.92 in 2028. The maximum expected WIF price is $7.23, with an average price of $6.91.
Dogwifhat price prediction 2029
The WIF price prediction for 2029 estimates a minimum price of $6.96, a maximum price of $7.99, and an average price of $7.33.
Dogwifhat price prediction 2030
The Dogwifhat price prediction for 2030 suggests a minimum price of $9.90 and an average price of $10.70. The maximum forecasted Dogwifhat price is set at $11.01.
Dogwifhat market price prediction: Analysts’ WIF price forecast
| Firm | 2024 | 2025 |
| Gov.Capital | $3.987 | $7.116 |
| DigitalCoinPrice | $1.30 | $3.22 |
| CryptoPredictions | $1.953 | $2.544 |
| CoinCodex | $5.15 | $7.06 |
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 $3 by the end of 2024, and an average price of $4.2 in 2025 if the bulls back the token.
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 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 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. At the time of writing, September 2024, WIF is trading within the range of $1.39 to $1.50.
