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A closely followed economist believes one popular Solana (SOL)-based memecoin may soon have an explosive breakout. Henrik Zeberg tells his 166,100 followers on the social media platform X that dogwifhat (WIF) may increase in the near-term by more than 337% from its current value. The analyst uses the Elliott Wave Theory to forecast a massive run for WIF. The theory states that an asset tends to witness a five-wave rally with wave three being the longest and the strongest move up. “Now get ready for the even bigger move. WIF seems to have concluded wave two and is now setting up for monster move. Next level in few weeks time around $12-$13!” Source: Henrik Zeberg/X In September, the analyst said WIF may soar to as high as $79.26 this cycle after breaking out of a key level. According to Elliott Wave principles, an ABCDE triangle indicates consolidation in an uptrend market could spark a strong rally once it is completed. “WIF: are you onboard? ...

The Dogwifhat price soared 41% in the past week and 4% in the last 24 hours to trade at $2.38 as of 4.50 a.m. EST on trading volume that skyrocketed 59% to $605.2 million. Most cryptos have experienced a sharp price drop in the early hours this Monday, with the correction being led by Bitcoin, and its dominance compelled the rest of the crypto market to follow. However, its influence on WIF has been weaker than on some other cryptos. The meme coin did lose its momentum, failing to breach a resistance at $2.50, but its price proved sticky, fluctuating between the resistance and a support at $2.40. Even now that it dropped below this mark, the support might not necessarily be fully broken, and Dogwifhat might still bounce back up Dogwifhat Price Prediction According to technical indicators, WIF could see a price recovery that could take it back to the resistance at $2.50 in the next few hours. The indicators suggest volatility and uncertainty among traders, but there is room for gro...

The crypto market is brimming with positive projections as altcoins lead the surge with staggering numbers.  The Bitcoin price ascent has pushed altcoins to reach new highs. Leading altcoins, including Dogecoin , Shiba Inu, and Ethereum, are up 11.83%, 3.95%, and 1.28%, respectively.  In a new twist of events, meme coins have shown a remarkable price ascent as of late. With major crypto tokens surging ahead, meme coins have also shown renewed user interest driven by community sentiment.  Per the data shared by crypto analyst Borovik, PEPE has soared a whopping $385% this week. The surge is followed by WIF and $BONK, which are up by 385% and 112%, respectively.  Also Read: Top 5 Trending Meme Coins To Watch In 2024 Altcoins Surge: What’s Happening Source: BrightNode The crypto Twitter is basking in the bull run glory as major altcoins are marking their way up in their price trajectories. The increased capital inflow in the Bitcoin ETFs has forced ...