Breaking news
The common Solana-essentially essentially based meme coin, Dogwifhat (WIF) is poised for huge upside momentum as investor and whale interest skyrocketed. Over the previous seven days, WIF has made waves in the crypto industry, experiencing a significant trace surge of over 43%, from $1.62 to $2.27.
WIF Whale On Purchasing for Spree
Following this impressive trace surge, on September 26, 2024, the ideal holder of WIF made a huge bet by attempting to gain 894,854 WIF tokens for $2 million at a mean trace of $2.24, as reported by Lookonchain. This major acquisition suggests that no matter the massive trace surge, the meme coin gentle has doable, which also can tell why whales are on a attempting to gain spree.
In addition to the most contemporary contain, this WIF holder also made a significant acquisition of over $4.2 million price of WIF at a mean trace of $1.76, on September 20, 2024. Following these purchases, this WIF whale now holds a significant 32.1 million WIF tokens price $71 million, with an unrealized earnings of over $86 million.
Dogwifhat (WIF) Technical Diagnosis and Upcoming Ranges
In accordance with CoinPedia’s technical analysis, WIF is currently going through strong resistance come the $2.3 diploma. Based fully on the meme coin’s latest performance, it appears to be just like the token also can merely trip a puny trace correction sooner than rallying extra.
Based fully on the historical trace momentum, if WIF closes its every single day candle above the $2.4 diploma, there is a strong probability the token also can waft but another 20% to reach the $2.85 diploma in the coming days. Currently, the market sentiment is bullish, and whales are on a attempting to gain spree, which indicates that WIF also can without declare breach this hurdle.
WIF Present Discover Momentum
At press time, WIF is trading come the $2.20 diploma and has experienced a trace surge of over 9% in the previous 24 hours. All the draw throughout the identical length, its trading quantity increased by 18%, indicating better trader participation because it approaches the resistance diploma.
