{"id":686114,"date":"2025-01-30T02:00:07","date_gmt":"2025-01-30T02:00:07","guid":{"rendered":"https:\/\/wncen.com\/?p=686114"},"modified":"2025-01-29T20:13:08","modified_gmt":"2025-01-29T20:13:08","slug":"dogwifhat-wif-surges-16-amid-las-vegas-sphere-project-expectation-breakout-coming","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogwifhat-wif-surges-16-amid-las-vegas-sphere-project-expectation-breakout-coming\/","title":{"rendered":"Dogwifhat (WIF) Surges 16% Amid Las Vegas Sphere Project Expectation, Breakout Coming?"},"content":{"rendered":"

On Wednesday, Dogwifhat (WIF) led the crypto market with a 16% surge to $1.37, becoming one of the best-performing cryptocurrencies in the last 24 hours. The token swam against the current as most of the top memecoins recorded red numbers, leading analysts to suggest a possible breakout for the token.<\/p>\n

Related Reading: Bitcoin Preparing For A February Rally? Analyst Says New High Is Two Weeks Away<\/a><\/div>\n

Las Vegas Sphere About To Be WIF Hat<\/h2>\n

Dogwifhat has recovered from yesterday\u2019s drop below the $1 mark following its team\u2019s tease of the long-awaited Las Vegas Sphere project. On Tuesday night, the official Dogwifhat X account shared a picture of its mascot in Las Vegas.<\/p>\n

The image included the cute dog with the Las Vegas Sphere as its hat and an old Nokia phone with \u201c01.2025\u201d on its screen. Additionally, the account stated that the \u201chat stays on,\u201d explaining that dates will be shared \u201cas soon as we are allowed.\u201d<\/p>\n

\"WIF\"
Dogwifhat’s team teased the Las Vegas Sphere project. Source: Dogwifcoin on X<\/a><\/figcaption><\/figure>\n

The bullish tease propelled the token back to its recently lost support of $1.30 and reignited the broader community\u2019s interest in the memecoin.<\/p>\n

WIF became the memecoin<\/a> sensation of 2024, reaching an all-time high of $4.88 last March. The token also led the memecoin narrative during Q2 and recovered some of its early glory during the December pump.<\/p>\n

However, WIF\u2019s spotlight was eclipsed by the oversaturated memecoin sector and the rise of many other market sensations like PNUT and CHILL, dropping 40% in the last six months and 75% from its ATH.<\/p>\n

During its 2,000% growth phase, many crypto investors put their hats on, which prompted a massive fundraising campaign to display the memecoin in the Las Vegas Sphere, the world\u2019s largest LED screen, for a week.<\/p>\n

The community raised $700,000 to achieve this dream but was left in the dark over the last several months. In July 2024, many investors expressed concern and frustration about the project after Crypto.com displayed Bitcoin\u2019s logo on the Sphere.<\/p>\n

Some community members questioned the project, calling the initiative an alleged scam<\/a>. However, the organizer repeatedly assured the WIF community that they were working to make \u201cwif on Sphere\u201d happen soon.<\/p>\n

Is the Dogwifhat Bottom In?<\/h2>\n

Crypto analyst Altcoin Sherpa shared<\/a> his outlook on WIF\u2019s recent performance. He suggested that the pump doesn\u2019t seem \u201cactually real\/sustainable\u201d based on the \u201coverall chart\/market conditions.\u201d<\/p>\n

However, he considers that if Dogwifhat shows some consolidation above the $1.23 mark, it could see another leg up. Meanwhile, crypto trader Bluntz stated<\/a> that its current levels could potentially be WIF\u2019s bottom.<\/p>\n

According to the post, \u201cthe major A wave has now been swept\u201d and there are some \u201cnice signs of life forming\u201d in the lower timeframes despite the retrace lasting longer than he anticipated.<\/p>\n

The trader previously forecasted<\/a> an \u201cinevitable\u201d fall to the $1 range, arguing that WIF was headed for a large retrace before the next parabolic run, which could lead to a new ATH.<\/p>\n

Related Reading: \u2018No Need To Panic\u2019: Cardano (ADA) Holding Key Level Despite 14% Drop<\/a><\/div>\n

After the recent performance, Bluntz warned that it is a \u201cvery early day, and we haven’t seen a 5-wave rise from the lows \u2018yet\u2019, but I think there\u2019s a decent chance one has begun to form.\u201d<\/p>\n

Another market watcher also pointed<\/a> out a one-month falling wedge pattern on WIF\u2019s chart, which targets $1.90 at a \u201cminimum and quickly\u201d if the memecoin breaks out of the upper downtrend line at around $1.40.<\/p>\n

As of this writing, dogwifhat trades at $1.21, a 14.4% surge in the daily timeframe.<\/p>\n

\"WIF,
Dogwifhat’s performance in the one-week chart. Source: WIFUSDT on TradingView<\/a><\/figcaption><\/figure>\n
Featured Image from X.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

On Wednesday, Dogwifhat (WIF) led the crypto market with a 16% surge to $1.37, becoming one of the best-performing cryptocurrencies in the last 24 hours. The token swam against the current as most of the top memecoins recorded red numbers, leading analysts to suggest a possible breakout for the token. Related Reading: Bitcoin Preparing For A February Rally? Analyst Says New High Is Two Weeks Away Las Vegas Sphere About To Be WIF Hat Dogwifhat has recovered from yesterday\u2019s drop below the $1 mark following its team\u2019s tease of the long-awaited Las Vegas Sphere project. On Tuesday night, the official Dogwifhat X account shared a picture of its mascot in Las Vegas. The image included the cute dog with the Las Vegas Sphere as its hat and an old Nokia phone with \u201c01.2025\u201d on its screen. Additionally, the account stated that the \u201chat stays on,\u201d explaining that dates will be shared \u201cas soon as we are allowed.\u201d The bullish tease propelled the token back to its recently lost support of $1.30 and reignited the broader community\u2019s interest in the memecoin. WIF became the memecoin sensation of 2024, reaching an all-time high of $4.88 last March. The token also led the memecoin narrative during Q2 and recovered some of its early glory during the December pump. However, WIF\u2019s spotlight was eclipsed by the oversaturated memecoin sector and the rise of many other market sensations like PNUT and CHILL, dropping 40% in the last six months and 75% from its ATH. During its 2,000% growth phase, many crypto investors put their hats on, which prompted a massive fundraising campaign to display the memecoin in the Las Vegas Sphere, the world\u2019s largest LED screen, for a week. The community raised $700,000 to achieve this dream but was left in the dark over the last several months. In July 2024, many investors expressed concern and frustration about the project after Crypto.com displayed Bitcoin\u2019s logo on the Sphere. Some community members questioned the project, calling the initiative an alleged scam. However, the organizer repeatedly assured the WIF community that they were working to make \u201cwif on Sphere\u201d happen soon. Is the Dogwifhat Bottom In? Crypto analyst Altcoin Sherpa shared his outlook on WIF\u2019s recent performance. He suggested that the pump doesn\u2019t seem \u201cactually real\/sustainable\u201d based on the \u201coverall chart\/market conditions.\u201d However, he considers that if Dogwifhat shows some consolidation above the $1.23 mark, it could see another leg up. Meanwhile, crypto trader Bluntz stated that its current levels could potentially be WIF\u2019s bottom. According to the post, \u201cthe major A wave has now been swept\u201d and there are some \u201cnice signs of life forming\u201d in the lower timeframes despite the retrace lasting longer than he anticipated. The trader previously forecasted an \u201cinevitable\u201d fall to the $1 range, arguing that WIF was headed for a large retrace before the next parabolic run, which could lead to a new ATH. Related Reading: \u2018No Need To Panic\u2019: Cardano (ADA) Holding Key Level Despite 14% Drop After the recent performance, Bluntz warned that it is a \u201cvery early day, and we haven’t seen a 5-wave rise from the lows \u2018yet\u2019, but I think there\u2019s a decent chance one has begun to form.\u201d Another market watcher also pointed out a one-month falling wedge pattern on WIF\u2019s chart, which targets $1.90 at a \u201cminimum and quickly\u201d if the memecoin breaks out of the upper downtrend line at around $1.40. As of this writing, dogwifhat trades at $1.21, a 14.4% surge in the daily timeframe. Featured Image from X.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":576450,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,26263,93285,12715,89756,92954,91713,94105,85699,92951,85073,87684,91711,91712],"class_list":["post-686114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-crypto-analyst","tag-crypto-bull-run-2025","tag-crypto-community","tag-crypto-trader","tag-dog-themed-memecoin","tag-dogwifhat","tag-las-vegas-sphere","tag-memecoin","tag-memecoin-frenzy","tag-memecoin-mania","tag-solana-memecoin","tag-wif","tag-wifusdt"],"acf":[],"yoast_head":"\nWIF Surges 16% Amid Las Vegas Sphere Project Expectations<\/title>\n<meta name=\"description\" content=\"Dogwifhat (WIF) recovered from yesterday\u2019s 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. 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