The Dogwifhat price jumped 28% in the last 24 hours to trade at $2.880 as of 00:10 a.m. EST on trading volume that surged 90% to $720 million.
WIF is the top gainer among the top four meme coins, outperforming DOGE (7%), SHIB (13%), and PEPE (19%). The meme coin sector’s overall market capitalization surged almost 7% on trading volume that soared more than 30%.
Dogwifhat Price Blasts To A New ATH
The Dogwifhat has had strong upward momentum in March, indicating a gradual movement to the upside as the price touched the $2.99 all-time high (ATH).
The bulls pushed the price up from the $1.98 support level, breaking free from the sustained consolidation channel as they drove the price to $2.4, where they encountered some resistance. However, the bulls have shown some resilience, which has allowed the bears to soar the price even higher.
WIF is trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish rally to the upside.
Additionally, the Relative Strength Index (RSI) is trending upwards at 65 as it breaks to the upside, an indication of incoming buying pressure aimed at driving the price up.
The Average Directional Index (ADX) supports the growing trend to the upside currently at 44 past the 20 level, which shows a very strong bullish trend. Moreover, the Stochastic Oscillator 14 3 3 line (green) crosses above the trigger line (orange), representing a bullish moving average crossover and affirming an increase in momentum.
Dogwifhat Price Prediction
The Dogwifhat price has sustained a bullish trend, as the bulls aim to sustain this stance over the bullish pennant. The bulls are also aiming to capitalize on the ADX, RSI, and Stochastic Oscillator as encouragement to push the price up, as the indicators show some bullish prospects for optimistic investors.
Additionally, the 50-day SMA is trading over the 200-day SMA, forming a golden cross at $2.12, further confirming the bullish rally to the upside. The bulls are aiming to surpass the resistance at $3.11, as they target $3.35.
However, in an inverse scenario, if the bears take charge of the price, $2.52 and $2.21 act as formidable support zones, coinciding with the 50-day and 200-day SMA.
Even as WIF hits a new all-time high, a new Solana meme coin called Smog has surged over 643% in a month, prompting analysts to say it might be the next Dogecoin (DOGE).
Smog continues to rally, registering a 130% surge in the last 24 hours, as per Geckoterminal.com, to trade at $0.2496.
Smog Token Poised To Be The Biggest Meme Coin In Solana
Smog token (SMOG) aims to surpass titans like BONK, WIF and MYRO to be the biggest Solana-based meme coin.
One #Memecoin to rule them all! 🚀
Get ready for the greatest #Airdrop in history, distributed on #Solana. 💰
Join #SMOG on Zealy! 🔥
Link in Bio 🔗 pic.twitter.com/vsn4p5cSF4
— SMOG (@SMOGToken) February 8, 2024
The token has acquired over 98,000 holders and its market capitalization has soared to $194 million.
Such a huge following was partly fueled by its promise of the largest airdrop ever, with the team allocating 35% of the 1.4 billion token supply for the airdrop.
Buy And Stake $SMOG, Qualify For The Biggest Airdrop In History
There are two ways to qualify for the upcoming $SMOG airdrop. One is by buying and holding $SMOG in your wallet. 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, having completed over 1.8 million tasks.
You can also earn passively by staking $SMOG tokens for a 42% annual percentage yield (APY).
According to Jacob Bury, a prominent cryptocurrency YouTuber, $SMOG has what it takes to skyrocket a further1000X.
The best place to buy Smog is on the official website, where you can get a 10% discount. You will need a compatible wallet to swap ETH or BNB for SMOG tokens. Alternatively, you can use your bank card.
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