Dogwifhat Rallies 17% From The Bottom, Outpacing Dogecoin, Shiba Inu: Why Is WIF Going Up?

Dogwifhat (CRYPTO: WIF) is bouncing back from a prolonged downtrend, prompting traders to speculate whether the popular meme coin has finally found its bottom.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Dogwifhat (CRYPTO: WIF)  $1.35 $1.3 billion +18%  -6.4%
Dogecoin (CRYPTO: DOGE)  $0.3288 $48.6 billion -1.6%  -10% 
Shiba Inu (CRYPTO: SHIB)  $0.00001844 $10.9 billion -2.9%  -10% 

Trader Notes: Pseudonymous trader TheFlowHorse sees WIF as a strong play for a potential bounce, while prominent analyst Kevin highlighted to his followers that WIF hit “peak fear” under one dollar.

He suggests a strong weekly close, combined with dovish Fed comments, could push WIF beyond …

Full story available on Benzinga.com

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