Dogwifhat, a memecoin based in Solana (WIF), had an incredible run during March. It reached a record high of $4.83 at the end of Mar. 30, 2024. Since then, the asset has fallen by 23,4%. WIF, although it has suffered a 16.2% daily chart correction, is still up 24.4% over the last week, 66.5% for the next 14 days, and 134.66% over the past month.
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/04/Solana-Based-Dogwifhat-Predicted-To-Hit-New-Peak-Heres-When.jpg)
Also Read: Solana Nears $200 as SOL Meme Coin Presale Trend Continues
WIF’s huge gains could be due in part to Bitcoin (BTC), hitting an all-time record. Since 2023, the price of memecoins based on Solana has risen dramatically.
WIF is expected to rally in April, despite recent price drops.
WIF based in Solana reaches a record high
![dogwifhat wif cryptocurrency meme coin](https://fxruhanahmed.com/2/wp-content/uploads/2024/04/1712083024_534_Solana-Based-Dogwifhat-Predicted-To-Hit-New-Peak-Heres-When.jpg)
![dogwifhat wif cryptocurrency meme coin](https://fxruhanahmed.com/2/wp-content/uploads/2024/04/1712083024_534_Solana-Based-Dogwifhat-Predicted-To-Hit-New-Peak-Heres-When.jpg)
CoinCodex estimates that WIF may reach a new record of $5.09 by April 7, 2024. 7, 2024. A growth of 35.7% would be achieved by reaching $5.09, compared to current levels.
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/04/Solana-Based-Dogwifhat-Predicted-To-Hit-New-Peak-Heres-When.png)
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/04/Solana-Based-Dogwifhat-Predicted-To-Hit-New-Peak-Heres-When.png)
CoinCodex also predicts that Solana’s memecoin, based on the Solana blockchain, will rally through April. It is expected to reach an all-time high of 13,02 USD in Apr. 30, 2024. At $13,02, a rise of 247% would be achieved.
Also Read: Can Dogwifhat (WIF) Hit $10 After Bitcoin Halving?
WIF could have a bullish forecast due to the Bitcoin (BTC), halving that will occur later in this month. The halving event of BTC is expected to fuel a global rally. As halvings reduce supply, they are seen as bullish. BTC’s gains can trickle over to other assets leading to another bull run.
ChangellyWIF is not a hot topic for. Platform predicts that the Solana memecoin will reach a price maximum of $0.1913 by April 2024.
If BTC reaches a new peak, driven by the halving of its price, other cryptos may follow. Moreover, it is said that a spot ETF for Ethereum (ETH), which could be approved in the second half of this year, may accelerate the cryptocurrency market.
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Source: watcher.guru