Dogwifhat (WIF): Challenged Memecoin Loses Top 50 Status

Dogwifhat (WIF)：受到挑战的 Memecoin 失去了前 50 名的地位

Dogwifhat (WIF) has experienced significant downward pressure, resulting in the loss of its position within the top 50 cryptocurrencies by market capitalization.

Dogwifhat (WIF) 经历了巨大的下行压力，导致其失去了市值前 50 名加密货币的地位。

Initial Ascendancy and Recent Downturn

最初的崛起和最近的衰退

WIF emerged as a formidable challenger to Dogecoin (DOGE) and Shiba Inu (SHIB) as the third-largest memecoin. However, a 38% price drop has dealt a blow to WIF investors, pushing it down to the 59th position in the top 100 cryptocurrencies by market cap.

WIF 成为狗狗币 (DOGE) 和柴犬 (SHIB) 的强大挑战者，成为第三大模因币。然而，38%的价格下跌对WIF投资者造成了打击，使其在市值前100名加密货币中跌至第59位。

Surpassed by Fantom

被Fantom超越

Fantom (FTM) has overtaken WIF in the top 50 after Dogwifhat's market cap declined by 9% to $1.6 billion within 12 hours. Despite this setback, WIF remains the fourth-largest memecoin behind Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE, which has a market cap of $4.57 billion.

在 Dogwifhat 的市值在 12 小时内下跌 9% 至 16 亿美元后，Fantom (FTM) 取代 WIF 跻身前 50 名。尽管遭遇挫折，WIF 仍然是第四大模因币，仅次于狗狗币 (DOGE)、柴犬 (SHIB) 和 PEPE，后者的市值为 45.7 亿美元。

All-Time High and Current Value

历史最高值和当前值

WIF reached its all-time high of $4.83 three months ago but has since lost approximately 65% of its value.

WIF 三个月前达到 4.83 美元的历史新高，但此后价值下跌了约 65%。

Accumulation or Crash?

积累还是崩盘？

Speculation has arisen that WIF is undergoing an accumulation phase, but market experts caution against this assumption. Trader Blockgraze notes that chart data does not support the theory of accumulation.

有人猜测 WIF 正在经历积累阶段，但市场专家警告不要这种假设。 Trader Blockgraze 指出，图表数据并不支持积累理论。

Potential for Rebound

反弹潜力

While some, like former BitMEX CEO Arthur Hayes, believe WIF could still reach $10, market volatility remains a concern. Franklin Templeton has emphasized the potential for quick gains in memecoins but also warns of price volatility. Coinbase recently added support for WIF futures trading for non-US users.

尽管 BitMEX 前首席执行官 Arthur Hayes 等一些人认为 WIF 仍可能达到 10 美元，但市场波动仍然令人担忧。富兰克林邓普顿强调了模因币快速上涨的潜力，但也对价格波动发出警告。 Coinbase 最近为非美国用户增加了对 WIF 期货交易的支持。

Futures Market Response

期货市场反应

The decline in WIF's price has made futures traders hesitant to wager on its short-term movement. Open Interest (OI), indicating the total value of outstanding futures contracts, has decreased by 25% to $209.64 million.

WIF 价格的下跌使得期货交易商对于押注其短期走势犹豫不决。未平仓合约 (OI) 表示未平仓期货合约的总价值，下降了 25%，至 2.0964 亿美元。

Exchange Listings and Future Prospects

交易所上市及未来展望

Potential exchange listings on Robinhood and Bitstamp could provide WIF with exposure to a wider investor base, particularly in Europe and the U.S., potentially revitalizing its price movement.

潜在的 Robinhood 和 Bitstamp 交易所上市可能会让 WIF 接触到更广泛的投资者群体，特别是在欧洲和美国，从而有可能重振其价格走势。