Dogwifhat (WIF) is the crypto token to keep an eye on in April of this year. The meme coin on the Solan blockchain reached its highest value of $4.85 on March 31, 2024, during the weekend. Despite a 7% decrease, it has seen a significant increase of more than 300% in the last month. WIF experienced a rise in market capitalization of around $1.3 billion last week, helping it secure a spot in the top 3 meme coins by market capitalization, overtaking PEPE. Is this trend indicating that Dogwifhat price will reach $10 soon?

Dogwifhat (WIF) 是今年 4 月份值得关注的加密货币。 Solan 区块链上的 meme 币于 2024 年 3 月 31 日周末达到了 4.85 美元的最高价值。尽管下降了 7%，但上个月却大幅增长了 300% 以上。 WIF 上周市值增长约 13 亿美元，帮助其超越 PEPE，跻身市值前 3 名的 Meme 代币。这个趋势是否表明 Dogwifhat 的价格很快就会达到 10 美元？

Market Performance of Dogwifhat Price

Dogwifhat 价格的市场表现

Trading for the first on December 19, 2023 at $0.1681, Dogwifhat quickly gained popularity, establishing itself as one of the most desired meme coins in today’s cryptocurrency market.The value of it has increased by more than 2,500% since it was introduced.

Dogwifhat 于 2023 年 12 月 19 日首次交易，价格为 0.1681 美元，很快就受到欢迎，成为当今加密货币市场上最受欢迎的模因币之一。自推出以来，其价值已增加了 2,500% 以上。

At present, Dogwifthat (WIF) price stands at $4.41, with a trading volume of $821 million over the past 24 hours.

目前，Dogwifthat（WIF）价格为 4.41 美元，过去 24 小时交易量为 8.21 亿美元。

On March 31, the token price hit an all-time high of $4.85, though it has dropped since by approximately 7%. After a weekly surge of more than 52.5%, Dogwhifat rose to become the third most valuable memecoin with a market capitalization of $4.4 billion, after Dogecoin (DOGE) and Shiba Inu (SHIB). It is ranked 29th, positioning it within the top 30 cryptocurrencies on CoinMarketCap. There are currently 998,920,173 circulating WIF tokens.

3 月 31 日，代币价格创下 4.85 美元的历史新高，但此后已下跌约 7%。在每周上涨超过 52.5% 后，Dogwhifat 成为第三大最有价值的 memecoin，市值达 44 亿美元，仅次于狗狗币 (DOGE) 和柴犬 (SHIB)。它排名第 29 位，跻身 CoinMarketCap 加密货币前 30 名之列。目前有 998,920,173 枚 WIF 代币在流通。

On March 14, Dogwifhat hit its first high when it reached $3. This followed a fundraising of over $70,000 by enthusiasts, for the promotion of its logo on the Las Vegas sphere. This resulted in WIF’s prices soaring by 25% immediately after the crowdfunding campaign was revealed.

3 月 14 日，Dogwifhat 首次触及 3 美元高点。在此之前，爱好者们筹集了超过 70,000 美元的资金，用于在拉斯维加斯范围内推广其标志。这导致众筹活动曝光后，WIF 的价格立即飙升了 25%。

The value of the token is mainly driven by the interest of cryptocurrency enthusiasts in dog-themed digital currencies such as Dogecoin (DOGE) and Shiba Inu (SHIB).

代币的价值主要是由加密货币爱好者对狗狗币（DOGE）和柴犬（SHIB）等以狗为主题的数字货币的兴趣驱动的。

Dogwifhat has partnered with Telegram’s bot, Miss Rose. The announcement contributed to the token’s price increase by 15% in the initial hours. This collaboration has positioned WIF as the third memecoin by market cap, overtaking PEPE. The partnership with Miss Rose, known for its wide reach and functionality, is expected to increase WIF’s visibility and engagement in the Telegram community.

Dogwifhat 已与 Telegram 的机器人 Miss Rose 合作。该公告导致代币价格在最初几个小时内上涨了 15%。此次合作使 WIF 超越 PEPE，成为市值第三的模因币。 Miss Rose 以其广泛的影响力和功能而闻名，与 Miss Rose 的合作预计将提高 WIF 在 Telegram 社区的知名度和参与度。

This move has been well-received by investors, with a significant increase in WIF’s market performance and price surge. The positive market response reflects optimism regarding the potential benefits of this partnership for Dogwifhat’s market reach and involvement.

此举受到了投资者的一致好评，WIF市场表现大幅提升，价格飙升。积极的市场反应反映了人们对这种合作伙伴关系对 Dogwifhat 的市场影响力和参与度的潜在好处的乐观态度。

Is Dogwifhat Price Poised for $10?

Dogwifhat 的价格是否会达到 10 美元？

Even though WIF has experienced an increase of over 300% in the last month, the biggest holder remains unwilling to sell. According to Coinstats, the wallet contains WIF tokens valued at $139.5 million, purchased at an average cost of $0.32, resulting in an unrealized profit of $127.3 million. This has led to rumors in the cryptocurrency market, suggesting the holder may anticipate that the price of Dogwifhat will continue to rise.

尽管WIF上个月涨幅超过300%，但最大的持有者仍然不愿出售。根据 Coinstats 的数据，该钱包包含价值 1.395 亿美元的 WIF 代币，平均成本为 0.32 美元，导致未实现利润为 1.273 亿美元。这引发了加密货币市场的传言，表明持有者可能预计Dogwifhat的价格将继续上涨。

Additionally, Arthur Hayes, former BitMEX CEO and current CIO at Maelstrom, foresees Dogwifhat could achieve a $10 value. His prediction came immediately the token price hit $3 in march for the first time.

此外，BitMEX 前首席执行官兼 Maelstrom 现任首席信息官 Arthur Hayes 预计 Dogwifhat 的价值可能达到 10 美元。他的预测立即生效，代币价格在 3 月份首次触及 3 美元。

Despite Shiba Inu (SHIB) maintaining its position as the second-largest meme coin with an $18 million market cap, a trader and crypto analyst named “cryptoveteran” predicts that WIF could soon rival SHIB in dominance.

尽管 Shiba Inu (SHIB) 以 1800 万美元的市值保持着第二大模因币的地位，但一位名为“cryptoveteran”的交易员和加密货币分析师预测，WIF 很快就会在主导地位上与 SHIB 竞争。

In a recent discussion on X platform,the crypto expert with experience in three crypto cycles (2017, 2021, and the current one) explained the reasons behind the large liquidity flowing into WIF. He stated that the main reasons for WIF’s recent increase are gains from MEW and POPCAT flowing into WIF, and large SHIB wallets transferring their assets to WIF.

在最近X平台的一次讨论中，拥有三个加密周期（2017年、2021年和当前周期）经验的加密专家解释了大量流动性流入WIF背后的原因。他表示，近期WIF上涨的主要原因是MEW和POPCAT的收益流入WIF，以及大型SHIB钱包将资产转移到WIF。

The second factor is especially interesting for a cryptocurrency expert, as he thinks that SHIB whales are starting to understand that WIF catching up to SHIB is unavoidable, leading them to shift their investments to WIF quickly. Cryptoveteran expressed astonishment, highlighting the unique and unparalleled nature of this trend as something they have never witnessed before.

对于加密货币专家来说，第二个因素特别有趣，因为他认为 SHIB 鲸鱼开始明白 WIF 追赶 SHIB 是不可避免的，导致他们迅速将投资转移到 WIF。 Cryptoveteran 表达了惊讶之情，强调了这种趋势的独特性和无与伦比的性质，是他们以前从未见过的。

Bottomline

底线

It is important to mention that meme coins are extremely volatile and well-known for their lack of utility. Nonetheless, a trillion-dollar Asset Manager Franklin Templeton recently increased investor attraction towards meme coins by stating that even though they lack intrinsic value or practical use, they can still generate fast profits.

值得一提的是，模因币的波动性极大，并且因其缺乏实用性而闻名。尽管如此，身价数万亿美元的资产管理公司富兰克林邓普顿最近表示，尽管模因币缺乏内在价值或实际用途，但它们仍然可以快速产生利润，从而增加了投资者对模因币的吸引力。

The Value Between Meme Coins and Their Native Networks pic.twitter.com/LYjQ5HvXHp

Meme 币及其原生网络之间的价值 pic.twitter.com/LYjQ5HvXHp

— Franklin Templeton Digital Assets (@FTI_DA) March 13, 2024

— 富兰克林邓普顿数字资产 (@FTI_DA) 2024 年 3 月 13 日

Dogwifhat is not the only initial dog-themed memecoin to achieve multibillion-dollar valuations. In May 2021, Dogecoin achieved an all-time high market capitalization of $75.2 billion,  even though it is now valued at $30.2 billion. There is a question of whether WIF can outperform Dogecoin.  The token price will need to grow by approximately 579.82% in value to reach the market value of DOGE. Meaning, WIF price will need to be approximately $30.8, a situation that is achievable in the meme cryptocurrency world.

Dogwifhat 并不是唯一一个估值达到数十亿美元的初始以狗为主题的模因币。 2021 年 5 月，狗狗币的市值达到 752 亿美元，创下历史新高，尽管目前估值为 302 亿美元。存在WIF能否跑赢狗狗币的问题。代币价格需要增长约 579.82% 才能达到 DOGE 的市值。这意味着，WIF 的价格需要约为 30.8 美元，这在 meme 加密货币世界中是可以实现的。

It is yet to be seen if the Dogwifhat performance will continue with the same upward momentum and push the meme coin to new record highs.

Dogwifhat 的表现是否会继续保持同样的上升势头，并将 meme 代币推向新的纪录高点，还有待观察。

The post Is Dogwifhat Price On The Way To $10? appeared first on CoinGape.

帖子 Dogwifhat 价格即将涨至 10 美元吗？首先出现在 CoinGape 上。