Dogwifhat (WIF) Defies Market Trends with Significant Gains

Dogwifhat (WIF) Defies Market Trends with Significant Gains

On July 17, following Bitcoin's rise to $66,000, meme coins experienced increased activity. However, the market downturn after BTC's decline to $63,200 impacted meme coins. Despite this, one high-volume meme coin, Dogwifhat (WIF), has shown positive momentum.

Star of the Day: Dogwifhat (WIF)

Emerging in early 2024, WIF has experienced a remarkable 3440% surge. It reached an ATH of $4.85 in March, but subsequently experienced a sharp correction. Currently, WIF remains 50% below its ATH but exhibits resilience against the overall market decline.

WIF's price stands at $2.40 after a 10.62% rise in the past 24 hours, bucking the market trend. Analysts have predicted this upward movement since last week. Notably, WIF has gained 57.54% over the past seven days following its rally since last Saturday.

During this period, WIF's market volume has also seen a substantial increase, reaching $2.4 billion. At the time of writing, trading volume in the last 24 hours has surged by 39% to $576.6 million. As Bitcoin approaches $64,000, it remains to be seen how WIF will perform in case of a potential rise.

Other Meme Coin Prices

• DOGE: Declined 2.85% to $0.1186 in the last 24 hours. Despite the decline, it has gained 10.61% in the past seven days.
• SHIB: Experienced significant selling pressure due to hack incidents, dropping 7.57% to $0.00001723.
• PEPE: Declined 4.02% to $0.00001143 in the last 24 hours, despite its recent ATHs.
• BONK: Traded at $0.00002622 after a 2.56% decline.
• FLOKI: Declined 5.84% to $0.0001725.