Dogwifhat [WIF] has rallied to a new all-time high following a substantial purchase by a whale, on-chain sleuth Lookonchain noted in a...
WIF became the fourth largest memecoin at press time and its market cap was inching close to that of Pepe’s.WIF prices rose by 54% over the last 24 hours to become the fourth largest memecoin at press time.
$2.02 million worth of SOL from Kraken on 12th March, which was then used to acquire 921,272 WIF at an average price of $2.19. By assessing the token’s price movements on a daily chart, AMBCrypto found a wide gap between the upper and lower bands of its Bollinger Bands indicator. An assessment of WIF’s Average True Range confirmed the possibility of a swing in its price in either direction. This indicator measures market volatility by calculating the average range between high and low prices over a specified number of periods.