Are you looking for new and popular memecoins to diversify your crypto portfolio? If so, you might want to consider dogwifhat (WIF), a Solana-based memecoin turning heads in 2024. In this dogwifhat price prediction, we explore the short and long-term price potential of this relatively new memecoin. Let’s find out if WIF has the legs to make it long.
Methodology
BeInCrypto has selected three of the best crypto exchanges for buying and trading WIF, after evaluating them across multiple factors, including liquidity, swap options, fees, and security standards. Here are the top picks and a few of the reasons they are highlighted:
Binance:
Gate.io
While this is just a tiny insight into the reasons these platforms are recommended, BeInCrypto’s process was extensive, and involved practical testing of each platform for a period of six months. Each platform fulfilled a range of criteria, including supporting WIF. If you are interested in learning more about BeInCrypto’s verification methodology, click here for additional insights.
- Dogwifhat (WIF) price prediction: A look to the future
- Where can you buy WIF before a possible breakout?
- Binance
- Gate.io
- KuCoin
- Dogwifhat (WIF) price prediction and technical analysis
- Dogwifhat (WIF) price prediction 2024
- Dogwifhat (WIF) price prediction 2025
- Dogwifhat (WIF) price prediction 2026
- Dogwifhat (WIF) price prediction 2027
- Dogwifhat (WIF) price prediction 2028
- Dogwifhat (WIF) price prediction 2029
- Dogwifhat (WIF) price prediction 2030
- Dogwifhat (WIF) price prediction and fundamental analysis
- External and chain-based factors that can impact the WIF price predictions
- Historical analysis of Dogwifhat (WIF)
- Is Dogwifhat worth investing in?
- Frequently asked questions
Dogwifhat (WIF) price prediction: A look to the future
WIF needs to prove its price-specific stability at least till 2025 to qualify for BeInCrypto’s long-term price prediction. We also need to keep an eye on its changing market cap, circulating supply, and ecosystem updates in order to draw long-term projections.
Still, here is a table till 2035 to help you identify the key levels.
| Year | Maximum price of WIF | Minimum price of WIF |
| 2024 | $11.7 | $1.44 |
| 2025 | $9.29 | $4.76 |
| 2026 | $42.46 | $8.12 |
| 2027 | $63.07 | $11.48 |
| 2028 | $83.68 | $22 |
| 2029 | $104.30 | $18.20 |
| 2030 | $127 | $45 |
| 2031 | $145.87 | $55.13 |
| 2032 | $164.32 | $62.47 |
| 2033 | $187.56 | $72.93 |
| 2034 | $208.91 | $81.35 |
| 2035 | $231.78 | $92.67 |
Read along to understand how these levels were reached!
Where can you buy WIF before a possible breakout?
If you’re betting on the speculative asset and looking to buy WIF before the token breaks out of the crucial resistance level of $2.51, here is a list of recommended exchanges that can facilitate transactions safely and securely. Remember that memecoins are a highly volatile asset class, and profits are never a certainty.
Binance
• Deep liquidity
• Earn plans
• Ideal for beginners
Gate.io
• An extensive collection of swappable coins
• Access to advanced trading features
• Frequent introduction of investment products for passive earning
KuCoin
• High liquidity
• Prompt customer support
• Earn plans
Below is a detailed list of all the available WIF markets:
Dogwifhat (WIF) price prediction and technical analysis
Before we delve into the long-term price projections, let’s look more closely at the short-term potential of WIF, particularly as we are already in a bullish market in Q1 2024. WIF has quickly achieved a sizable market cap of over $2.2 billion, another reason to consider the price action and associated technical analysis.
One instance where WIF exceeded expectations:
Short-term technical analysis
As WIF is a relatively new token, we will pull the four-hour chart instead of the daily chart. The price of WIF is currently trading inside a pennant, waiting to break out in any given direction — depending on the strength of the overall crypto market.
The price chart, however, returns an interesting trend. If you look closely, the relative strength index (RSI) indicator is making a higher high, when compared to the lower high made by the price of WIF. This looks optimistic for the short-term price action. The fib retracement indicator projects a supposed level of $2.93 for WIF, provided it breaches the upper trendline of the pennant and also the crucial resistance level of $2.51.
Another take on the price levels:
Long-term technical analysis
We can now pull the daily chart of WIF to see if we can locate a price pattern of sorts. Here is the daily chart of WIF/USD from the house of Crypto.com. This was one of the first exchanges to list WIF, giving us some additional data points to work with.
The chart reveals three completed patterns — A-B-A1, A1-B1-A2, and A2-B2-A3. Our focus is to locate the next set of points — B3 and A4 to determine the dogwifhat price prediction levels for 2024 and beyond.
We shall now identify the moves between every two points across the mentioned patterns:
| A to B | -81.63% in 20 days |
| B to A1 | 692.32% in 10 days |
| A1 to B1 | -68.48% in 20 days |
| B1 to A2 | 1368% in 32 days |
| A2 to B2 | -28.60% in 2 days |
| B2 to A3 | 95.11% in 3 days |
Using the price levels, we can identify the average price hike and the average price surge associated with WIF.
The average price hike percentage for WIF is 718.48% in 15 days approx, and the average price dip % is 59.57% in 14 days approx. As WIF is a relatively new token, the timeframes are expected to change as the token starts trading more and matures within the crypto market.
Dogwifhat (WIF) price prediction 2024
Outlook: Bullish
Based on our average price percentages, we can expect WIF to form a low of $1.44 or B3 in 2024, dipping by almost 59.57%. The time frame might vary, but we are expecting this anywhere towards the end of May 2024, as the market could correct if Ethereum ETFs aren’t approved.
However, as the crypto market is still expected to be bullish in 2024, the 2024 price surge for WIF is expected to surface at $11.70, per the surge percentage of 718.48%. Even though this level is ambitious, it could happen if WIF and other memecoins associated with the Solana ecosystem continue to grow and gain popularity.
Projected ROI from the current level: 387%
Dogwifhat (WIF) price prediction 2025
Outlook: Moderately bullish
Even though we expect the price of WIF to surge in 2024, all thanks to the expected growth across the Solana ecosystem and a bullish crypto market, we can expect a price correction of 59.57% in early 2025, per our previous calculations.
This puts the 2025 dogwifhat (WIF) price prediction low at $4.76. However, the memecoin space might already be highly competitive by that time, meaning WIF might not explode as we expect it to in 2024. The price rise could be restricted to 95.11%, according to the data in the above table. This puts the expected WIF price prediction for 2025 at $9.29.
Projected ROI from the current level: 287%
Dogwifhat (WIF) price prediction 2026
Outlook: Moderately Bullish
In 2026, we anticipate continued growth for Dogwifhat, although the pace might slow compared to the previous years. With the Solana ecosystem maturing and more projects integrating with it, Dogwifhat could benefit from increased utility and adoption.
Price Projection:
- Maximum Price: $42.46
- Minimum Price: $8.12
We expect a significant price correction early in the year, possibly around 59.57%, putting the low at $8.12. However, a bullish rebound is likely, pushing the price up by around 95.11%, reaching a high of $42.46 by the end of the year.
The last projection that I came up with is something I personally think is very, very possible for Dogwifhat this bull run. The average price we came up with based on the formula was a little over $24 at $24.14.
MMK from TA with MMK channel: YouTube
Projected ROI from the current level: 958%
Dogwifhat (WIF) price prediction 2027
Outlook: Bullish
By 2027, Dogwifhat might experience substantial growth as the crypto market likely enters another bull phase, driven by technological advancements and increasing market adoption.
Price Projection:
- Maximum Price: $63.07
- Minimum Price: $11.48
Following the trend from previous years, we anticipate a potential dip early in the year, with the price falling to around $11.48. However, the overall market sentiment and increasing demand could propel Dogwifhat’s price to a high of $63.07.
Projected ROI from the current level: 1489%
Dogwifhat (WIF) price prediction 2028
Outlook: Bullish
In 2028, the token’s price could continue its upward trend, bolstered by a strong community and broader market interest in meme coins. Integration with more DeFi projects and increased utility on the Solana blockchain could further enhance its value.
Price Projection:
- Maximum Price: $83.68
- Minimum Price: $22.00
We project that Dogwifhat might see a correction early in the year, with the price dropping to $22.00. However, with a bullish market, it could rise to a maximum of $83.68.
Projected ROI from the current level: 1991%
Dogwifhat (WIF) price prediction 2029
Outlook: Highly Bullish
By 2029, Dogwifhat could see exponential growth if the market remains favorable and the token maintains its relevance and utility. The continued expansion of the Solana ecosystem and broader crypto adoption might significantly drive its price.
Price Projection:
- Maximum Price: $104.30
- Minimum Price: $18.20
We expect some volatility, with the price potentially dipping to $18.20 early in the year. However, the overall bullish sentiment could push Dogwifhat to a new high of $104.30.
Projected ROI from the current level: 2490%
Dogwifhat (WIF) price prediction 2030
Outlook: Bullish
We now have the 2025 low and the 2025 high for WIF. Using Fib retracement to extrapolate the projections until 2030, we can expect the price of WIF to reach as high as $127. Do note that these levels are speculative and subjective as WIF is a relatively new token. It would require years of trading history to sufficiently back these figures up.
Projected ROI from the current level: 5191%
Bullishness around WIF:
Dogwifhat (WIF) price prediction and fundamental analysis
WIF is a Solana-based memecoin. Considering the ecosystem and growth of Solana, the fundamentals look strong. Also, if you are looking to buy Solana and searching for a memecoin that doesn’t have an exorbitant supply number, WIF could be a good option.
However, for WIF to reach the popularity of other top memecoins like SHIB and DOGE, it is important to view the fundamentals from an on-chain and network development perspective.
Here is the inspiration behind the WIF memecoin:
The price volatility of Solana-led WIF looks to be going down, which, in most cases, pushes the prices up.
Even in early February 2024, when WIF’s volatility dipped, the prices surged. Therefore, as a trader, you must keep an eye on this metric.
Did you know? The name “Dogwifhat” is a playful misspelling and contraction of “Dog With Hat,” reflecting the internet’s appreciation of quirky content.
Another metric to look for — off-chain this time — is the number of active social users.
Memecoins are community and social-sentiment-driven. In the case of WIF, the numbers steadily increased throughout February 2024, which eventually led to a significant surge.
“Every crypto layer-1 needs it’s killer app or hero use-case. Memecoins are the flavour of Crypto Spring & Solana is the L1 featuring the most happening meme coins.”
Krishna Hedge, co-founder of PYOR: X
External and chain-based factors that can impact the WIF price predictions
Highlighting how external factors such as technological advancements within the Solana ecosystem, regulatory changes, and overall market trends can impact Dogwifhat’s price can provide a broader perspective.
Technological advancements within the Solana ecosystem
Dogwifhat (WIF) operates on the Solana blockchain, benefiting from its high-speed transactions and low fees. As Solana continues to develop and integrate new technologies, Dogwifhat’s utility and adoption can increase.
Innovations such as Solana’s DeFi projects, NFT marketplaces, and cross-chain functionalities can enhance the value proposition of WIF. For instance, Solana’s recent upgrade increased its transaction throughput to over 65,000 transactions per second (TPS), which significantly benefits Dogwifhat by ensuring faster and more efficient transactions.
Additionally, upcoming developments like the Solana-Ethereum bridge will allow Dogwifhat to interact seamlessly with Ethereum-based applications, further expanding its utility and market reach.
Regulatory changes
The regulatory landscape for cryptocurrencies is continually evolving, and changes in regulations can significantly influence the price of Dogwifhat. Positive regulatory developments, such as the approval of cryptocurrency ETFs or favorable legal frameworks, can boost investor confidence and drive up the price of WIF.
For example, if the US Securities and Exchange Commission (SEC) were to approve a cryptocurrency ETF that includes Dogwifhat or even Solana, it could lead to a substantial influx of institutional investment, potentially pushing the price up by 20-30%.
Conversely, stringent regulations or unfavorable government policies can create uncertainty and negatively affect its price. For instance, the introduction of stricter anti-money laundering (AML) regulations in key markets could reduce the number of active traders and decrease liquidity, leading to a potential 15-25% drop in price.
Overall market trends
Dogwifhat’s price is also influenced by broader market trends within the cryptocurrency industry. Bullish market phases, characterized by increased investor interest and capital inflows, can lead to significant price surges for WIF.
For instance, during the last bull run, the overall crypto market capitalization increased by over 300%, and certain token prices followed suit, increasing by 370,000% from their launch price. On the other hand, bearish trends can result in price corrections and reduced trading volumes. During market downturns, like the one seen in early 2022, when the crypto market cap decreased by 40%, meme coins experienced similar declines.
Market sentiment, driven by factors such as Bitcoin’s performance, global economic conditions, and major technological breakthroughs in the crypto space, plays a crucial role in shaping Dogwifhat’s price movements.
Insights and implications
Incorporating an analysis of external factors and developments provides a comprehensive understanding of the various influences on Dogwifhat’s price.
Technological advancements within the Solana ecosystem, such as increased transaction speeds and cross-chain functionality, can enhance WIF’s utility and adoption. Regulatory changes can impact investor confidence and market dynamics, with positive developments potentially driving significant price increases and negative changes leading to declines.
Additionally, overall market trends and sentiment play a pivotal role in determining price movements, with bullish phases leading to price surges and bearish trends causing corrections. By closely monitoring these external factors, investors can make more informed decisions and better anticipate future price changes for Dogwifhat. This broader perspective underscores the importance of staying updated on technological, regulatory, and market developments to navigate the volatile cryptocurrency landscape effectively.
Historical analysis of Dogwifhat (WIF)
To provide a comprehensive view of Dogwifhat’s (WIF) price movements and performance over time, this section will delve into its historical milestones since launch, comparing it with other popular crypto assets like Dogecoin.
Launch and initial surge
Dogwifhat (WIF) was launched in late 2023 on the Solana blockchain. The token quickly gained traction within the crypto community, primarily due to its strong meme culture and viral marketing campaigns. At launch, the price of WIF was a mere $0.000013. Within the first few months, Dogwifhat experienced a meteoric rise, reaching an all-time high of $4.85 by March 31, 2024. This represents a staggering increase of over 370,000% from its initial price.
Key price milestones
- Launch price (November 2023): $0.000013
- First major milestone (December 2023): $0.05
- Achieved within a month of launch, showcasing initial investor enthusiasm and speculative trading.
- Surpassing $1 (February 2024): $1.00
- Marked a critical psychological barrier driven by community hype and broader market trends.
- All-time high (March 2024): $4.85
- Reached due to significant market interest, viral campaigns, and listing on major exchanges like Crypto.com.
- Post-all-time high correction (April 2024): $3.21
- Natural market correction following the peak, reflecting typical crypto volatility.
- Stabilization phase (June 2024): $3.50
- Market begins to stabilize, with the price settling around this level as speculative trading cools down.
Comparative analysis with Dogecoin
Dogecoin (DOGE), another popular meme coin, has seen various similar patterns in its price movements, albeit over a longer period. Comparing Dogwifhat to Dogecoin helps provide context and perspective on its performance.
- Dogecoin launch (2013): $0.00026
- First significant peak (2017): $0.017
- Driven by the broader crypto bull market and increasing adoption as a tipping currency.
- All-time high (May 2021): $0.74
- Fueled by social media hype, endorsements from celebrities like Elon Musk, and a general market frenzy.
While Dogecoin took years to achieve its milestones, Dogwifhat’s rapid rise within months demonstrates the increased speed and impact of viral marketing and community-driven assets in today’s crypto market. Both assets share the characteristic of high volatility and significant price swings driven by community sentiment and broader market trends.
Insights and implications
Incorporating this detailed historical analysis provides readers with a clearer picture of Dogwifhat’s performance trajectory. Understanding these milestones and their implications helps investors gauge the potential future movements and volatility of WIF. Additionally, comparing Dogwifhat with Dogecoin offers valuable insights into the dynamics of meme coins and their behavior in the crypto market.
By analyzing these historical patterns, readers can better appreciate the factors that influence Dogwifhat’s price movements, helping them make more informed decisions. This detailed perspective also underscores the importance of community engagement, market sentiment, and strategic marketing in driving the success of meme coins like Dogwifhat.
Is Dogwifhat worth investing in?
If you go solely by this dogwifhat price prediction piece, WIF tokens look to be a lucrative investment. To make a call, however, you should first assess the long-term potential of the token. As it is a new Solana blockchain-powered memecoin, the price of WIF will make several all-time highs and lows going forward. Note that this will be a way to stabilize the coin price further. So, while you should keep a quintessential DYOR strategy handy, do note that if Solana’s memecoin ecosystem grows, this dogwifhat price prediction has the potential to hold and yield decent results over time.
Frequently asked questions
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