dogwifhat [WIF], the Solana-based memecoin, has lost 16.36% of its value in the last 30 days. This performance was in contrast to the
This performance was in contrast to the price action which saw WIF produce a stunning 1,650% increase on a Year-To-Date basis.
As of this writing, WIF’s price was $3.02. But before this recent decrease, the token got close to hitting $5. However, the attempt was rejected at $4.84 which is its all-time high., many market participants are confident that the token will tap a new high soon. For some, the crypto might reach $10. For others, a 5x increase to $15 remains a plausible
In this case, most bets tilt toward the bullish side. On the other hand, negative funding means that the perp price of a cryptocurrency is at a discount to the spot value.At press time, WIF’s Funding Rate was 0.008%— lower than it was seven days ago. But one thing we observed was that WIF’s price has been moving higher within the last hour.A suitable inference for this movement is that a chunk of the spot volume were buy orders. As such, the price of WIF could be set to bounce.
However, bears rejected the move, leading the price back to being on the verge of a decline to $2.76. However, the Money Flow Index showed that WIF might not drop that low.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Solana-based memecoins WIF, BODEN’s whales are moving to PUPSAccording to Lookonchain's data, in a recent buying spree, a whale accumulated a significant volume of PUPS tokens. Since 11 April...
Read more »
All about Solana’s new MANEKI crypto and how it flipped WIFSolana-based meme coin, MANEKI, witnessed massive demand from whales as its price soared by over 30,000% since launch
Read more »
Solana’s memecoin mania: BONK’s surge and what’s next for WIFSolana-based meme coin, BONK, came into the limelight as its value surged by more than 8% in the last 24 hours
Read more »
Solana-based BODEN beats SHIB, PEPE, WIF: Election season impact?The U.S. elections draw closer, leading to significant pumps for BODEN and TRUMP. How will the memecoins do going forward?
Read more »
HNT crypto’s 45% surge: Is a $10 price target on the cards?With a 45% price growth in the last week, HNT, the native coin of the Helium Blockchain, currently ranks as the cryptocurrency asset with...
Read more »
Ottawa, province help fund $10-million expansion of daycare at Halifax universityGovernment funding is expected to cover half of the cost of a $10-million expansion of the child care centre at Mount Saint Vincent University in Halifax.
Read more »