{"id":576442,"date":"2024-02-23T00:00:51","date_gmt":"2024-02-23T00:00:51","guid":{"rendered":"https:\/\/wncen.com\/?p=576442"},"modified":"2024-02-22T18:07:28","modified_gmt":"2024-02-22T18:07:28","slug":"new-ath-for-wif-analyst-thinks-dogwifhat-will-go-turbo-parabolic-soon","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/new-ath-for-wif-analyst-thinks-dogwifhat-will-go-turbo-parabolic-soon\/","title":{"rendered":"New ATH For WIF? Analyst Thinks Dogwifhat Will Go \u201cTurbo Parabolic\u201d Soon"},"content":{"rendered":"<p style=\"font-weight: 400\">The 2024 bullish rally has fueled the resurgence of the cryptocurrency market during the last few weeks. Memecoins have not been the exception, with coins like BONK recently seeing a rally.<\/p>\n<p style=\"font-weight: 400\">Nonetheless, the memecoin market has faced a pullback in the last couple of days, with some of the biggest memecoins, like DOGE and <a href=\"https:\/\/wncen.com\/shiba-inu\/shiba-inu-shibarium-transaction-activity-spike-amid-market-growth\/\">SHIB<\/a>, showing red numbers. Despite this, an analyst predicted massive gains for dogwifhat (WIF) holders amid the momentary market slowdown.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/top-memecoins-face-pullback-amid-recent-market-rally\/\" target=\"_blank\" rel=\"noopener \">Top Memecoins Face Pullback Amid Recent Market Rally<\/a><\/div>\n<h2 style=\"font-weight: 400\">Dogwifhat Could Reach $1 In Its Next Leg Up<\/h2>\n<p style=\"font-weight: 400\">According to the pseudonym trader and analyst Bluntz, dogwifhat could be preparing for a massive price upsurge soon. On February 10, the analyst forecasted the Solana-based cryptocurrency would reach $1.<\/p>\n<p style=\"font-weight: 400\">The trader reaffirmed this prediction in a Tuesday X (former Twitter) post by sharing an updated WIF performance chart. The post highlighted the token\u2019s trajectory before and after reaching its all-time high (ATH) price of $0.47 on Valentine\u2019s Day.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">what if i told you this next leg on <a href=\"https:\/\/twitter.com\/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$WIF<\/a> is going to be the one that goes turbo parabolic?<\/p>\n<p>no more pulling back at 50c resistance, this is going to be the push that goes crazy imo.<\/p>\n<p>trading this on bybit \ud83d\udc47<a href=\"https:\/\/t.co\/zHX9WYRMOM\" rel=\"nofollow\">https:\/\/t.co\/zHX9WYRMOM<\/a> <a href=\"https:\/\/t.co\/5TIHXeaP3i\" rel=\"nofollow\">pic.twitter.com\/5TIHXeaP3i<\/a><\/p>\n<p>&mdash; Bluntz (@Bluntz_Capital) <a href=\"https:\/\/twitter.com\/Bluntz_Capital\/status\/47992125?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"font-weight: 400\">As the chart shows, the memecoin\u2019s price moved from the $0.20 price zone to the $0.38 support level before facing a pullback to the previous zone. In the following days, WIF followed a similar path and climbed to its ATH of $0.47 before retreating again, this time to the $0.38 resistance level.<\/p>\n<p style=\"font-weight: 400\">In the chart, the token shows signals of following the same pattern that led to the performance showcased on February 14. This suggests to the analyst that, if recent history repeats itself, the WIF\u2019s price could go \u201cturbo parabolic\u201d during this next leg.<\/p>\n<p style=\"font-weight: 400\">Additionally, the pseudonym trader considers that this could be a push that will go \u201ccrazy\u201d with \u201cno more pulling back at 50c resistance.\u201d<\/p>\n<h2 style=\"font-weight: 400\">Are Investors Still WIF Their Hats On?<\/h2>\n<p style=\"font-weight: 400\">Dogwifhat is a cryptocurrency based on the popular 2019 meme of a Shiba Inu dog wearing a pink crochet hat. The meme began popularizing in social media, especially on X, where the eSports community began using it as a profile picture.<\/p>\n<p style=\"font-weight: 400\">Last year, the meme\u2019s popularity resulted in the creation of a coin with the same name. The cryptocurrency has quickly gained traction, and despite the ups and downs in the months since its creation, the token is currently among the top 5 memecoins by market capitalization. The memecoin is the second-largest Solana-based memecoin, only behind <a href=\"https:\/\/wncen.com\/news\/bonk-stays-alive-in-top-100-list-with-25-single-day-rally-details\/\">BONK<\/a>.<\/p>\n<p style=\"font-weight: 400\">As <a href=\"https:\/\/twitter.com\/bbwifhat\/status\/55302632?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E55302632%7Ctwgr%5E2db0c65be3db4c063c1744f10fd52825f60e2a6d%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcryptoticker.io%2Fen%2Fdogwifhat-a-new-solana-memecoin%2F\" target=\"_blank\" rel=\"noopener nofollow\">reported<\/a> by a member of the WIF community, the dog-based cryptocurrency surpassed a total of $2 Billion trading volume on February 19, only 90 days after its launch.<\/p>\n<p style=\"font-weight: 400\">Consequentially, whales have recognized the potential of the memecoin and started accumulating the token in large amounts. On Monday, a whale <a href=\"https:\/\/twitter.com\/0xNaira\/status\/96220066\" target=\"_blank\" rel=\"noopener nofollow\">bought<\/a> 32,149 WIF tokens at $0.38318, worth around $12,318.9.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-576444 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/IMG_2407.jpg?resize=1024%2C558\" alt=\"Bitcoin, BTC, BTCUSDT\" width=\"1024\" height=\"558\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/IMG_2407.jpg?w=1945 1945w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/IMG_2407.jpg?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/IMG_2407.jpg?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/IMG_2407.jpg?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/IMG_2407.jpg?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/IMG_2407.jpg?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/IMG_2407.jpg?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<pre style=\"text-align: center\">WIF and BTC performance in the last 7 days. Source: CoinGecko<\/pre>\n<p style=\"font-weight: 400\">The memecoin has closely followed <a href=\"https:\/\/wncen.com\/news\/bitcoin\/galaxy-ceo-bitcoin-fall-42000-ahead-major-rally\/\">Bitcoin\u2019s performance<\/a> in the last 7 days, tracing a similar performance path to that of the largest cryptocurrency, as the chart above shows. However, WIF has been down with the rest of the memecoin market during the last week.<\/p>\n<p style=\"font-weight: 400\">At writing time, the token is changing hands at $0.3265, a 5.4% price decrease compared to its trading price 24 hours ago. Moreover, the memecoin is also 29.02% lower than its ATH, recorded 8 days ago.<\/p>\n<p style=\"font-weight: 400\">The token\u2019s market capitalization is $321.2 million, accounting for a 5.13% decrease in the last 24 hours. WIF is currently the 200<sup>th<\/sup>\u00a0cryptocurrency by this metric.<\/p>\n<p style=\"font-weight: 400\">However, the memecoin\u2019s trading volume has increased 9% in the last day, signaling a recent rise in market activity for WIF.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-rally-to-0-2\/\" target=\"_blank\" rel=\"noopener \">Dogecoin Begins Massive Recovery Trend, But Can These Factors Drive A Rally To $0.2?<\/a><\/div>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-576447 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/WIFUSDT_2024-02-22_11-33-16.png?resize=1023%2C518\" alt=\"WIF, WIFUSDT, Dogwifhat\" width=\"1023\" height=\"518\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/WIFUSDT_2024-02-22_11-33-16.png?w=1023 1023w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/WIFUSDT_2024-02-22_11-33-16.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/WIFUSDT_2024-02-22_11-33-16.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/WIFUSDT_2024-02-22_11-33-16.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/WIFUSDT_2024-02-22_11-33-16.png?w=750 750w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<pre style=\"text-align: center\">WIF price performance in the 1-day chart. Source: WIFUSDT on <a href=\"https:\/\/www.tradingview.com\/x\/MgXpfGAX\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n<div class=\"disclaimer-shortcode\">Featured image from X.com, Chart from TradingView.com and CoinGecko.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The 2024 bullish rally has fueled the resurgence of the cryptocurrency market during the last few weeks. Memecoins have not been the exception, with coins like BONK recently seeing a rally. Nonetheless, the memecoin market has faced a pullback in the last couple of days, with some of the biggest memecoins, like DOGE and SHIB, showing red numbers. Despite this, an analyst predicted massive gains for dogwifhat (WIF) holders amid the momentary market slowdown. Related Reading: Top Memecoins Face Pullback Amid Recent Market Rally Dogwifhat Could Reach $1 In Its Next Leg Up According to the pseudonym trader and analyst Bluntz, dogwifhat could be preparing for a massive price upsurge soon. On February 10, the analyst forecasted the Solana-based cryptocurrency would reach $1. The trader reaffirmed this prediction in a Tuesday X (former Twitter) post by sharing an updated WIF performance chart. The post highlighted the token\u2019s trajectory before and after reaching its all-time high (ATH) price of $0.47 on Valentine\u2019s Day. what if i told you this next leg on $WIF is going to be the one that goes turbo parabolic? no more pulling back at 50c resistance, this is going to be the push that goes crazy imo. trading this on bybit \ud83d\udc47https:\/\/t.co\/zHX9WYRMOM pic.twitter.com\/5TIHXeaP3i &mdash; Bluntz (@Bluntz_Capital) February 20, 2024 As the chart shows, the memecoin\u2019s price moved from the $0.20 price zone to the $0.38 support level before facing a pullback to the previous zone. In the following days, WIF followed a similar path and climbed to its ATH of $0.47 before retreating again, this time to the $0.38 resistance level. In the chart, the token shows signals of following the same pattern that led to the performance showcased on February 14. This suggests to the analyst that, if recent history repeats itself, the WIF\u2019s price could go \u201cturbo parabolic\u201d during this next leg. Additionally, the pseudonym trader considers that this could be a push that will go \u201ccrazy\u201d with \u201cno more pulling back at 50c resistance.\u201d Are Investors Still WIF Their Hats On? Dogwifhat is a cryptocurrency based on the popular 2019 meme of a Shiba Inu dog wearing a pink crochet hat. The meme began popularizing in social media, especially on X, where the eSports community began using it as a profile picture. Last year, the meme\u2019s popularity resulted in the creation of a coin with the same name. The cryptocurrency has quickly gained traction, and despite the ups and downs in the months since its creation, the token is currently among the top 5 memecoins by market capitalization. The memecoin is the second-largest Solana-based memecoin, only behind BONK. As reported by a member of the WIF community, the dog-based cryptocurrency surpassed a total of $2 Billion trading volume on February 19, only 90 days after its launch. Consequentially, whales have recognized the potential of the memecoin and started accumulating the token in large amounts. On Monday, a whale bought 32,149 WIF tokens at $0.38318, worth around $12,318.9. WIF and BTC performance in the last 7 days. Source: CoinGecko The memecoin has closely followed Bitcoin\u2019s performance in the last 7 days, tracing a similar performance path to that of the largest cryptocurrency, as the chart above shows. However, WIF has been down with the rest of the memecoin market during the last week. At writing time, the token is changing hands at $0.3265, a 5.4% price decrease compared to its trading price 24 hours ago. Moreover, the memecoin is also 29.02% lower than its ATH, recorded 8 days ago. The token\u2019s market capitalization is $321.2 million, accounting for a 5.13% decrease in the last 24 hours. WIF is currently the 200th\u00a0cryptocurrency by this metric. However, the memecoin\u2019s trading volume has increased 9% in the last day, signaling a recent rise in market activity for WIF. Related Reading: Dogecoin Begins Massive Recovery Trend, But Can These Factors Drive A Rally To $0.2? WIF price performance in the 1-day chart. Source: WIFUSDT on TradingView.com Featured image from X.com, Chart from TradingView.com and CoinGecko.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":[26263,91713,91711,91714,91712],"class_list":["post-576442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-analyst","tag-dogwifhat","tag-wif","tag-wif-price-prediction","tag-wifusdt"],"acf":[],"yoast_head":"\n<title>New ATH For WIF? Analyst Thinks It Will Go \u201cTurbo Parabolic\u201d<\/title>\n<meta name=\"description\" content=\"An analyst predicted that a massive groth for dogwifhat (WIF) might be around the corner despite recent market slowdown.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/new-ath-for-wif-analyst-thinks-dogwifhat-will-go-turbo-parabolic-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New ATH For WIF? 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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. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.\",\"url\":\"https:\/\/wncen.com\/author\/rubmargarcia\/\"}]}<\/script>\n","yoast_head_json":{"title":"New ATH For WIF? 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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. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.","url":"https:\/\/wncen.com\/author\/rubmargarcia\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"New ATH For WIF? 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