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Dogwifhat’s price soared by 74% in the last 24 hours, reaching a new high. The token was trading at $1.20 As of 1:30 am EST
WIF’s 459% increase in one month enabled it to surpass FLOKI to become the fifth largest meme coin, with a $1.258 billion market cap, as opposed to FLOKI’s $1.134.
Top performers #Memecoins CoinpediaMarkets🚀🚀
Dogwifhat $WIF: 316%
Pepe $PEPE: 262%
ERC20 #ERC20: 230%
Floki $FLOKI: 188%
Myro $MYRO: 124%Which meme coin is the most popular?🔥
Vote for the fvt memecoin of your choice👉https://t.co/GE1VN6hX5m pic.twitter.com/9IDWckVJAh— Coinpedia Markets (@MarketCoinpedia) March 2, 2024
Dogwifhat Price Forecast: WIF Displays a Strong Uptrend
When we look at the Dogwifhat charts we can see that the Dogwifhat has been on a steady uptrend, as shown by the ascending channels formed by the trendlines.
The channel’s series of higher lows and higher highs confirms the uptrend. Candlesticks in the channel are volatile with a mixture of bearish (red), and bullish (green) candles.
Money Flow Index currently stands at 71.54. This is in the upper part of the range, indicating strong purchasing pressure. It is close to overbought territory, which means that if the index crosses over 80 it could indicate a possible pullback in price.
The Average Directional Index is 45.80. This indicates a strong trend. A value over 25 indicates that a trend is strong, either up or down.
Dogwifhat Price Prediction: Possible Scenarios
If the Dogwifhat continues to respect lower trendline and the MFI does not cross into overbought, then there is potential for further upwards movement towards the upper trendline.
If the Dogwifhat breaks below the lower trendline it could indicate that the trend is reversing. The MFI will start to fall towards the 50-level, which indicates a decrease in buying pressure. The upper trendline is the immediate resistance, while the lower trendline is the immediate support.
Source:| Source: TradingView
Dogwifhat’s price is a bit unsure about where it wants to go. next, SMOG Emerges as a compelling option as investors position The development team claims that this will be the largest airdrop ever.
A Promising Alternate
SMOG debuted in early february and soared quickly over 3,000%. Today, after a further 42% surge, it’s reached a record high. It now has 40,000 owners.
Participation in the Smog airdrop By purchasing and holding SMOG Tokens. Join Smog social groups run by Zealy and earn points for participating in tasks.
As of today, more than 800 000 quests have already been completed. Airdrops of $1,500 in SMOG tokens will be distributed to BONK, MYRO, WIF and SAMO users every day.
Smog will allocate 1.4 billion tokens or 35% of their supply for the airdrop.
Join us #SMOG Community on #Zealy You can earn more points by increasing your score $SMOG #Airdrop. 🐲
Complete quests for extra points! 📊
Keep an eye out for future announcements. 📢🔗https://t.co/3EQxvQwsw3#CryptoCommunity #Altcoins #Memecoins #Binance #Crypto
— SMOG (@SMOGToken) February 21, 2024
The initiative currently delivers an astonishing 42% annual percentage return (APY) for investors who stake Their tokens. Staked tokens may be withdrawn from the stake pool 90 days following their addition. Over 16 million tokens were staked.
Crypto analyst and YouTuber CryptoGains believes Smog’s potential to surge by 100X upon launch will help create a whole new class of millionaires in this year.
It is now a good time to participate before the initiative expands.
Smog is available at a 10% discount via the official website By exchanging your USDT, you can get ETH.
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“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: insidebitcoins.com