Dogwifhat (WIF) Price Surges and Threatens PEPE Dominance
The Dogwifhat (WIF) price has experienced a remarkable surge in the past two weeks, setting two new all-time highs in the process. This bullish momentum has brought the cryptocurrency closer to potentially surpassing PEPE, a major competitor in the meme coin market. The rise of Dogwifhat has raised concerns among PEPE holders as it now nears PEPE’s total market capitalization, presenting a significant challenge to PEPE’s current position.
Dogwifhat Takes Over PEPE
- Dogwifhat’s market capitalization has surpassed $3 billion
- Close to overtaking PEPE, which has a market cap of $3.36 billion
- If overtakes, WIF would become the third-largest meme coin globally
Indicators Point to Continued Bull Run
- Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are bullish
- WIF showing signs of initiating a bullish trend
- Potential for further price increase for Dogwifhat
WIF Price Prediction: Bullish Momentum Vs. Potential Correction
- Current price at $3.18, aiming for a new all-time high at $3.24
- Potential to reach $3.50 with bullish momentum
- Risk of correction leading to a drop to $2.73
- Support at $2.73 critical to avoid further decline to $2.50
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