Dogwifhat (WIF) has experienced a significant 10.22% drop in the last 24 hours, raising concerns among analysts about potential repercussions for the meme coin. Currently priced at $3.37, this decline follows a recent dip below crucial support levels at $2.96 on May 27.
Read MoreOnce again, meme coins are dominating the narrative as the crypto market enters the second phase of the bull cycle, overshadowing even Bitcoin's return to the $71,000 range.
Read MoreThe memecoin sector has experienced remarkable growth, outpacing other areas in the cryptocurrency market. Recent data from Artemis indicates a staggering 114% year-to-date increase.
Read MoreAccording to a prominent crypto influencer on X, there's a possibility that the popular Solana memecoin DogWifHat ($WIF) could drop significantly to $1 from its current price of $3.17.
Read MoreDogwifhat [WIF], a memecoin based in Solana, has had a double-digit price drop in the previous 24 hours alone.
Read MoreA trader situated in Solana has made significant profits from trading different tokens with meme themes on the Solana blockchain, according to a report published on April 26 by blockchain analysis company Lookonchain.
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