News View Non-AMP

Dogwifhat (WIF) Price Surges to $4, Becomes Third-Largest Memecoin Flipping PEPE

Published by
Debashree Patra

Dogwifhat (WIF) is more than speculations now, after gripping the 3rd largest position in the meme sector; this rise you cannot ignore. Let’s swipe into the real possibilities behind this massive surge. 

Rise of Dogwifhat

Dogwifhat, which has been gaining popularity since its launch late last year, has quickly become a favorite among crypto investors, joining other canine-themed coins such as Dogecoin and Shiba Inu. As per current data, Dogwifhat has seen a huge increase in open interest, which has now topped $500 million.

This shows that traders are optimistic about the price going up and suggests that a rally may be on the way. In the middle of this price rise, a single Dogwifhat address made an amazing $134 million, which shows how much the token has gained. The price of WIF went up to $4, which led to over $1 million in short sales and made people speculate that the price would keep going up.

Also Check Out: Ethereum Co-Founder Vitalik Buterin Slams Meme Coin Craze, Says Overshadowing Other Projects

Technically It’s Oversold?

Dogwifhat’s RSI, currently at 69, indicates an oversold coin, potentially triggering a price correction due to a large community waiting for the best time to ripe gains. The recent price surge pumped Dogwifhat to a market capitalization of $4 billion, solidifying its position as the third-largest MEME token in the market.

This achievement places WIF ahead of PEPE and positions it behind leading MEME tokens such as DOGE and SHIB. Notably, the largest holding address for WIF has seen significant profits, reaching $134 million, indicating continued bullish sentiment surrounding the token.

After Flipping PEPE, What Next?

Looking at the broader picture, Dogwifhat is expected to hit a market cap exceeding $10 billion in the coming years, positioning it as a strong blue-chip meme coin in the crypto market. However, the market is also buzzing the recent price rally to $4 led to $2.09 million in liquidations and a 29% rise in open interest to $528.6 million.

Read More : BONK Price Remarkable Rise: Solana-Based Memecoins Breaks Out

All because, Dogwifhat prioritizes decentralization and community-driven governance, with a capped supply of approximately 998.9 million tokens, making it a pure meme coin driven by community engagement.

Good time to try Dog theme coins? Tell us your views. 

Debashree Patra

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

Recent Posts

Sui (SUI) Price Analysis Today: Key Targets to Consider Ahead

The Sui network has attracted significant investment from institutional investors seeking to capitalize on its…

April 25, 2025

Dogecoin Price Analysis: Momentum Favors Further Gains

Technical analysis shows that the Dogecoin price is poised to gain 33% to 23 cents…

April 25, 2025

Helium Network Announces Strategic Partnership With AT&T: What Next for $HNT Price?

The AT&T subscribers can connect to Helium’s community-built Wi-Fi network. The Helium network has grown…

April 25, 2025

Ethereum Price Prediction 2025: ETH Price May Trigger a 10x Rally, if This Trade Setup Plays Out Well

The crypto markets are experiencing a powerful bullish wave, highlighted by Bitcoin’s breakout and a…

April 25, 2025

What’s Next for the Chainlink (LINK) Price-Will it Reclaim $20 Before the End of the Month?

The recent rise in the bullish momentum has elevated the markets above the bearish captivity…

April 25, 2025

Coinbase Inks Strategic Partnership With PayPal to Enable Mainstream Adoption of PYUSD Stablecoin

The PayPal USD (PYUSD) stablecoin is fast approaching the $1 billion market cap milestone. The…

April 24, 2025