WIF records 35.5% increase in 30 days. Dogwifhat market capitalization surge by 1306% in 2024 as analysts eye $6b.
Over the past month, WIF prices have surged from $2.18 to $2.59, while the market cap has surged from $1.57 billion to $2.49 billion, according to Coincodex.“$WIF has bounced off the support, and we have done an 80% so far! Now we need a breakout above 2.9$ for the target 10$, and it’s possible mid-term off here!”Based on this analysis, since WIF has made a 30% bounce off the lower trendline, it will hit $2.8 to $5 in the short term.
In 2024, WIF has made an exceptional performance with a 1306% surge. Therefore, with these sustained rises, WIF’s market cap is well positioned for further growth.AMBCrypto’s analysis shows WIF is experiencing a strong uptrend momentum over the past weeks. Equally, the Aroon line further proves this as the Aroon-UP line 78.57% sits above Aroon-down at zero. When the asset is set this way, the upward momentum is strong enough and well-positioned to continue.
This shows investors are willing to pay premium and hold their positions, suggesting confidence in the crypto’s future potential.
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