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Dogwifhat price rose 22% in the last 24 hours listed at $2,301 at 03:55 am EST on trading volume which increased by 52% to $405 million.
The token has skyrocketed 722% in the past month and now ranks fifth among popular meme coins based on its $2.3 billion market capitalization.
Dogwifhat price aims to surpass its all-time high
Dogwifhat price continues to show some strong movements, having recorded a 17.4% increase in the last week and reaching an all-time high of $2.46. Currently the price of WIF fluctuates within this range with the aim of surpassing the upper limit of the ascending triangle.
WIF is trading above the 50-day and 200-day SMA, which is a confirmation of the bullish momentum on the upside.
Furthermore, the Relative Strength Index (RSI) is also recovering from the mid-level of 50 towards the overbought region, currently at 65. A sustained bullish momentum would see the RSI cross the overbought region of 70, lifting the price further. .
Additionally, the Moving Average Convergence Divergence (MACD) also shows signs of a bullish move as the moving average line (blue) crosses above the signal line (orange), an indication of a bullish crossover. This is often used as a stimulus for investors to add more long positions.
The green bars on the histogram show that the current momentum is positive to the upside. Furthermore, the Average Directional Index (ADX) supports this, showing a strong uptrend as it moves towards level 29.
Dogwifhat Price Prediction
Dogwifhat price analysis shows a bullish bias as the bulls are preparing to maintain the bullish stance on the ascending triangle pattern. Furthermore, the MACD, ADX and RSI indicators show bullish outlook for the WIF price as the bulls target $3.66.
However, in a reverse scenario, the bulls may take over the price, which may cause the bulls to use the $1.6 level as protection against downward pressure.
Meanwhile, as the price of WIF soars, investors are flocking to new Solana meme coin sensation Smog, which promises investors the biggest airdrop in history. Analysts also say it has the potential for additional 1,000x earnings amid rumors of imminent additional listings on top-tier exchanges after its market capitalization rose to $155 million.
Smog Token Pumps 275% in One Month – Best 1000x Buy Opportunity
Since its conception, the smog token (SMOG) has consistently impressed with its performance, attracting significant attention from investors. It has soared 275% in the last month, having reached an all-time high of $0.33. It has also accumulated more than 98,000 headlines.
Smog aims to rule the Solana-based meme coin space, surpassing the likes of MYRO, WIF, and BONK. It’s an ambition reflected in his motto: “One meme coin to rule them all.”
One #Memecoin to rule them all! 🚀
Get ready for the biggest #Airdrop in history, distributed in #solarium. 💰
Join #SMOG In Zealy! 🔥
Link in bio 🔗 pic.twitter.com/vsn4p5cSF4
-SMOG (@SMOGToken) February 8, 2024
The team is promising the biggest giveaway in history via an upcoming airdrop and has allocated 35% of its 1.4 billion token supply for that purpose.
Buy and bet $SMOG, qualify for the biggest draw
There are two main ways one can qualify for the upcoming $SMOG airdrop. One of the ways is by buy and hold $SMOG. You can also qualify for more airdrop points by participating in daily tasks managed by Zealy. There are over 20,000 Airdrop members on the platform and they have completed over 1.8 million missions.
Smog also offers you the opportunity to earn passively staking your acquired $SMOG tokens for an annual percentage yield (APY) of 42%.
Jacob Bury, a crypto YouTuber, believes that $SMOG is a meme token that has the potential to skyrocket 1,000 times.
It is best to buy Smog on the official website. here because then you get a 10% discount on the market price, but hurry before the offer runs out.
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