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<ul>
 <li>A crypto analyst predicts Dogwifhat (WIF) will surge towards $3, showing strong bullish potential.</li>
 <li>Dogwifhat (WIF) outperforms major meme tokens like Dogecoin and Shiba Inu in recent gains.</li>
</ul>
The recent rise in the price of Bitcoin (BTC) above $57,000 has sparked interest in a variety of other tokens, including Dogwifhat (WIF).
This dog-themed meme token has closely followed BTC’s upward trajectory, but with even higher percentage gains. WIF is currently trading around $1.73, having increased by 25.81% over the last 24 hours. WIF’s daily trade volume has soared to $772.91 billion.
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 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="dogwifhat" data-symbol="WIF" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
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<h2 id="strong-dogwifhat-outperforms-major-meme-tokens-and-signals-potential-bullish-surge-strong">Dogwifhat Outperforms Major Meme Tokens and Signals Potential Bullish Surge&nbsp;</h2>
Furthermore, WIF has emerged as one of today’s top meme token gainers, outperforming key competitors like Dogecoin (DOGE), <a style="color: #008000;" href="https://www.crypto-news-flash.com/pepe-whale-moves-huge-profits-and-market-impacts/" target="_blank" rel="noopener noreferrer nofollow">Pepe Coin</a> (PEPE), and Shiba Inu (SHIB).
Crypto analyst CryptoJack believes that Dogwifhat’s strong performance points to the possibility of a bullish surge. In the chart he <a href="https://x.com/cryptojack/status/1821086461019447652" rel="noopener noreferrer nofollow">shared</a>, WIF’s price made a fake breakout from a critical support level before immediately re-entering the trading range.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 There was a fake breakout below support for <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WIF</a> but it quickly came back inside the range.
 I expect <a href="https://twitter.com/hashtag/dogwifhat?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#dogwifhat</a> to pump all the way to $3 from here. <a href="https://t.co/Pern5Nkm9h" rel="noopener noreferrer nofollow">pic.twitter.com/Pern5Nkm9h</a>
 — CryptoJack (@cryptojack) <a href="https://twitter.com/cryptojack/status/1821086461019447652?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 7, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
CryptoJack believes Dogwifhat has the ability to explode to $3, just above the nearest strong resistance level. This prediction is based on WIF’s most recent price action and market momentum.
On the other side, on August 4, CNF <a style="color: #008000;" href="https://www.crypto-news-flash.com/dogwifhat-wif-open-interest-plunges-28-traders-on-edge/" rel="noopener noreferrer nofollow">reported</a> a 28% drop in Dogwifhat Open Interest (OI) due to pessimistic sentiment. During that time, five wallets sold 14.53 million WIF tokens, making more than $69 million.
Meanwhile, as we previously<a style="color: #008000;" href="https://www.crypto-news-flash.com/popcat-dominates-top-gainers-in-crypto-market-rally/" rel="noopener noreferrer nofollow"> highlighted</a>, competitor meme coin POPCAT has had a big rise, lately moving to the top of the gainers list, just ahead of WIF. This cat-themed coin is currently on track to reach $1 as its next bullish milestone.
As both tokens continue to perform well, the crypto market is alive with speculation and curiosity, with many investors keeping a close eye on the changes and possible gains in the meme token sector.

Analyst Predicts Dogwifhat (WIF) to Surge Towards $3

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