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The Dogwifhat worth dropped 5% to commerce for $4.4070 as of 03:56 a.m. EST time alongside a 4% rise in buying and selling quantity.
Markets are popping out of the Easter vacation, which explains the abysmal buying and selling quantity. However, WIF continues to carry effectively above $4.0000, meriting the Solana-based meme coin for a place amongst CoinMarketCap’s trending record.
High 5 Trending #Cryptos on #CMC
🔥#WIF @dogwifcoin $4.41🔥#DIGI @Digiversede $0.7418🔥#FET @Fetch_ai $2.95🔥#PANDA @PandaSwapSol $0.01222🔥#AXL @axelarnetwork $2.06
I’ll publish the costs once more tomorrow. Which will likely be gainers?
[❣️Follow me to know about more crypto news] pic.twitter.com/0MqnsIvI8p
— Coin Itemizing (@coin_list2017) April 1, 2024
On market capitalization metrics, the meme coin is at the moment at $4.389 billion, however merchants and market watchers anticipate that it may attain $5 billion quickly.
Dogwifhat $WIF is getting ready to smashing by way of the $5 billion market cap barrier! #WIF #sol #memecoin pic.twitter.com/EaPZLMJ3xR
— Aden Herz (@AdenHerz) April 1, 2024
From a technical standpoint, the Dogwifhat worth is coiling up for a robust breakout. Nonetheless, that is contingent on whether or not the bulls can maintain it above the midline of the ascending parallel channel, the governing chart sample on the 8-hour timeframe.
A bounce above the midline may set the tone for a robust transfer north, which may see the Dogwifhat worth hit $5.0000.
A number of technical indicators assist the thesis because the Dogwifhat worth holds above the quick Transferring Common (MA) at $4.3414. Elevated shopping for stress coming from this purchaser congestion stage may ship the Dogwifhat worth north to shatter the resistance because of the higher boundary of the channel. Such a transfer, confirmed by a flip of the higher band of the Bollinger indicator at $4.9947 into assist may open the expanse for a continuation rally.
The place of the Relative Energy Index (RSI) above 50 can be bullish, accentuated by the Superior Oscillator (AO) indicator, which stays effectively above the imply stage.
TradingView: WIF/USDT 8-hour chart
Converse Case
Then again, elevated shopping for stress may see the Dogwifhat worth drop. A slip beneath the midline of the channel may encourage extra promote orders. This might see the WIF worth take a look at the centerline of the Bollinger indicator at $3.7121. A decisive candlestick shut beneath this stage would mark a breach of the mid-March highs round $3.5672.
The bears may get well the market round this stage, sending the Dogwifhat worth decrease. In the meantime, traders are flocking to Smog, a Solana meme coin that’s due for its first centralized alternate itemizing quickly. Because the Dogwifhat worth struggles to maintain the bullish outlook, contemplate diversifying into Smog. The mission is at the moment providing a ten% low cost for early mission entrants as analysts say it may 100X at launch.
Promising Different To Dogwifhat
Smog is the most recent Solana meme coin and analysts say it’s set to profit from its dragon theme, which is more likely to attraction to Asian traders. That is amid the continuing Lunar Yr of the Dragon. The belief relies on their shared dragon theme. The token emerges among the many most talked-about meme cash in 2024 after a debut on Jupiter DEX.
Newest Solana Meme Coin Smog Erupts Onto Jupiter DEX With Airdrop Marketing campaign https://t.co/Z7vH9TbvgV
— Crypto24club (@crypto24club) February 8, 2024
Smog guarantees the mom of all airdrops. The mission is dedicated to surpassing even the landmark $700 million airdrop by Solana’s JUP. In direction of this endeavor, the mission has allotted 35% of the whole token provide (1.4 billion tokens) for this objective. Smog mission members can accumulate airdrop factors by participating in a marketing campaign on Zealy.
$SMOG 🐉 | The best #Solana #Airdrop of all time! 🔥
Purchase, maintain, and full quests on #Zealy to qualify within the airdrop and climb the leaderboard! 🥇
🌐 20K+ Members on Zealy👥 96.71K+ Holders💰 $145.04M+ MC✅ 1.9M Quests Accomplished
🪂 Airdrop hyperlink in bio!🔗 pic.twitter.com/ztTNkdkv6V
— Smog_Token (@Smog__Token) March 13, 2024
Smog meme coin is a recent entrant into the meme coin market, working on the Solana blockchain, and it’s already burst into the ranks of the highest 25 meme cash by market cap. The SMOG airdrop marketing campaign is quickly approaching main milestone targets for neighborhood progress and participation.
Proper now you possibly can purchase and stake Smog for a ten% low cost. However hurry quickly to catch the deal earlier than it ends.
Smog To Storm Onto CEX With New Airdrop
SMOG is because of record on a centralized alternate (CEX) “very quickly,” in keeping with the most recent announcement on social media by the token’s frontrunners’. Primarily based on the announcement, the itemizing will likely be a landmark occasion, with mission leads urging #Dragons (the pet identify for denizens of $SMOG’s military) to “prepare for the primary $SMOG Change Itemizing coming very quickly.”
Go to and purchase Smog right here.
Additionally Learn:
Smog (SMOG) – Meme Coin With Rewards
Airdrop Season One Stay Now
Earn XP To Qualify For A Share Of $1 Million
Featured On Cointelegraph
Staking Rewards – 42% APY
10% OTC Low cost – smogtoken.com
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