Dogwifhat Price Prediction: WIF Plummets 7% As Investors Pivot To This Innovative Meme Coin Rival For 10X Potential

The
Dogwifhat
price


plummeted

more
than
7%
in
the
last
24
hours
to
trade
at
$2.36
as
of
11:33
p.m.
EST
as
investors
offload
their
holdings
in
the


meme
coin.

With
the
recent
drop
in
the
WIF
price,
the
altcoin’s
weekly
performance
has
also
been
pushed
into
the
red
zone
by
more
than
6%. 

Dogwifhat
Price
Might
Retest
A
Key
Support

4-hour
chart
for
WIF/USD
(Source:


GeckoTerminal)

The
Dogwifhat
price
slid
below
the
$2.4712
support
in
the
last
few
hours,
and
could
be
at
risk
of
testing
the
subsequent
technical
crutch
at
$2.2421
if
the
bearish
pressure
persists.
WIF
has
tested
the
$2.2421
mark
twice
in
the
last
week,
with
both
attempts
being
followed
by
a
rebound.

Should
history
repeat
itself
with
this
next
retest,
the
Dogwifhat
price
might
recover
and
try
to
reclaim
the
$2.4712
support.
Thereafter,
a
4-hour
candle
close
above
this
key
price
point
could
then
give
the


meme
coin

the
foundation
needed
to
keep
rising
in
the
short
term.
WIF
might
subsequently
try
to
flip
the
$2.7180
resistance
into
support
before
rising
to
$2.9471.

Technicals
Suggest
The
Dogwifhat
Price
Might
Drop
A
Bit
More

Looking
at
technical
indicators,
there
are
signs
on
WIF’s
4-hour
chart
that
warn
the
meme
coin’s
price
drop
is
not
over
yet.
More
specifically,
the
Moving
Average
Convergence
Divergence
(MACD)
and
the
Relative
Strength
Index
(RSI)
are
flashing
bearish.

In
the
last
24
hours,
the
MACD
line
crossed
below
the
MACD
Signal
line.
This
technical
occurrence
is
oftentimes
seen
as
an
indication
that
a
crypto
has
entered
a
negative
trend.
With
the
gap
between
these
two
lines
still
growing,
it
appears
that
WIF’s
bearish
momentum
shows
no
signs
of
slowing
down
just
yet.

RSI
readings
have
also
plummeted
to
the
high
30s,
which
suggests
that
sellers
have
a
strong
grip
on
the
Dogwifhat
price
currently.
However,
the
indicator
has
started
to
level
off
in
the
oversold
region.
This
could
be
identified
as
a
buy
opportunity
since
WIF’s
upside
potential
is
greater
than
its
downside
potential.

The
low
RSI
readings
leveling
off
in
oversold
territory
is
similar
to
what
happened
with
the
past
2
retests
of
the
$2.2421
mark,
which
suggests
there
is
a
possibility
that
history
will
repeat
itself
and
the
Dogwifhat
price
will
rebound
from
this
crucial
price
level.
However,
bullish
traders
might
want
to
wait
for
the
gap
between
the
MACD
and
MACD
Signal
line
to
start
to
shrink.

As
traders
wait
to
see
if
another
rebound
in
the
Dogwifhat
price
is
on
the
cards,
investors
are
pouring
capital
into
the
presale
for
meme
coin
rival


Crypto
All-Stars
(STARS).

A
New
Meme
Coin
Offering
Investors
A
Chance
At
Compounded
Rewards

Crypto
All-Stars
(STARS)
is
an
innovative
meme
coin
project
that
does
not
revolve
solely
around
its
own
token.
Instead,
it
offers
fans
of
big
name
cryptos
the
opportunity
to
lock
up
their
meme
coin
bags
and
earn
passive
staking
rewards.

Supported
tokens
on
the
Crypto
All-Stars
platform
include
DOGE,
SHIB,
PEPECOIN,
FLOKI,
BRETT,
MOG,
LADYS,
TOSHI,
COQ,
BONK,
and
TURBO,
with
more
options
scheduled
to
be
added
in
the
coming
weeks.

All
tokens
that
are
staked
through
the
Crypto
All-Stars
platform
will
earn
crypto
rewards
that
are
paid
out
in
the
project’s
native
STARS
token,
unlocking
a
rarity
in
the
meme
coin
space
–
the
chance
at
compounded
passive
rewards.
This
is
because
STARS
can
also
be
put
to
work
for
a
530%
Annual
Percentage
Yield
(APY).

These
high
rewards
come
at
the
most
opportune
time
for
meme
coin
lovers,
as
experts
and
analysts
forecast
an
upcoming
meme
coin
supercycle.

As
investors
wait
for
this
explosive
rise
in
the
light
hearted
sector
of
the
crypto
market,
they
can
gradually
start
to
accumulate
their
favorite
meme
coins,
stake
them
for
compounded
rewards,
and
then
profit
from
the
high
compounded
staking
rewards
as
well
as
the
predicted
surge
in
meme
coin
prices.

STARS
itself
is
also
a
promising
prospect.
YouTuber
Jacob
Bury
told
his
over
42K
subscribers
that
STARS
has
the
potential
to
soar
10X
after
its
launch.

Investors
Flock
To
STARS
To
Gain
Access
To
Unprecedented
Rewards
And
Potential

Crypto
All-Stars
has
already
raised
over
$2.9
million
through
its
ongoing
presale,
with
the
$3
million
milestone
now
in
sight.
This
is
after
crypto
whales
started
joining
smaller
investors
in
accumulating
the
young
meme
coin.

To
get
in
on
the
ground
floor
stage
of
STARS,
investors
can
use
the
buy
widget
embedded
on
the
project’s
website.
Selling
for
$0.0015371,
STARS
can
be
bought
using
ETH,
USDT,
BNB,
SHIB,
FLOKI,
PEPE
or
bank
cards.

Buy
within
the
next
two
days
to
avoid
a
price
hike
soon
after.

Purchase
and
stake
STARS
here
for
530%
in
annual
rewards.

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