Dogwifhat Eyes $1 Breakout as Crypto Market Turns Bullish
Key Notes
- Grassroots initiatives, including billboard ads and merchandise drops, have amplified WIF’s visibility.
- Analysts highlight WIF’s price movement as closely linked to Bitcoin and the Solana ecosystem.
- Sustaining Bitcoin above $105,000 is seen as critical, with WIF needing to break above its wedge pattern resistance.
As Bitcoin and the broader crypto markets have been showing strength recently, meme coin Dogwifhat (WIF) rallied to $0.85 on Wednesday, with bulls targeting a rally past $1. The WIF price rally comes with its daily trading volume surging to $333 million, showing strong trader interest to support further rally.
Active wallets managing WIF surged by 20%, with daily trading volume exceeding $70…
