Dogwifhat (WIF) Forecasted to Rise 173%: Here’s When

Dogwifhat (WIF) is at the moment the second-best performing cryptocurrency within the weekly charts, behind solely Shiba Inu (SHIB). The 5 best-performing cryptocurrencies over the past week are memecoins.

WIF is at the moment up by 28.4% within the every day charts, 200.9% within the weekly charts, 431.3% within the 14-day charts, and greater than 786% over the earlier month.

In accordance with CryptoNews, Dogwifhat (WIF) might hit a most worth of $5.25 this yr, an increase of about 173.4% from present ranges. Nonetheless, the platform doesn’t make clear which month WIF might breach the $5 mark. Moreover, CryptoNews anticipates WIF to succeed in a most worth of $7.25 in 2025. Hitting $7.25 from present ranges would translate to a development of about 277.6%.

Dogwifhat (WIF) worth prediction for March 2024

Dogwifhat (WIF) hit an all-time excessive of $1.92 earlier at the moment, rallying 6% within the hourly chart.

In accordance with CoinCodex, WIF’s worth might consolidate at round present costs in March. The platform anticipates the asset to commerce between $1.47 and $1.73 for the remainder of the month.

Regardless of the current rally, there’s a chance that WIF will face a correction quickly. Different memecoins, comparable to Shiba Inu (SHIB), Floki (FLOKI), Pepe (PEPE), Bonk (BONK), and Dogecoin (DOGE), have confronted steep corrections within the every day charts. SHIB is down by 13.3% within the final 24 hours, whereas DOGE is down by 9.7% in the identical time-frame. Then again, FLOKI and BONK are down by 5.2% and 5%, respectively.

The correction might be as a result of traders being cautious earlier than the Federal Reserve’s assembly and the upcoming CPI (Shopper Worth Index) numbers. Nonetheless, the crypto market might decide up steam later within the month, fuelled by Bitcoin’s (BTC) halving occasion in April.