MEMEX

bullish

would

Coin

The Dogwifhat price plunged 7% in the last 24 hours to trade at $0.62 as of 12:09 a.m. EST on trading volume that plummeted 45% to $241 million.
<h2 id="dogwifhat-price-analysis-potential-breakout-from-falling-wedge">Dogwifhat Price Analysis: Potential Breakout From Falling Wedge?</h2>
The WIF price has been <a href="https://www.coingecko.com/en/coins/dogwifhat" rel="noopener noreferrer nofollow">trading</a> within a well-defined falling wedge pattern, marked by the two orange trendlines.&nbsp;
A falling wedge is typically a bullish reversal pattern, meaning that once the price of WIF breaks above the resistance, it can trigger a strong upside move.
The current Dogwifhat price is still below both the 50 Simple Moving Average (SMA) on the 4-hour chart at $0.6476 and the 200 SMA at $0.8806, suggesting that the asset is still in a downtrend, according to <a href="https://www.coingecko.com/en/coins/dogwifhat" rel="noopener noreferrer nofollow">GeckoTerminal</a> data.
However, it is testing the upper boundary of the wedge, meaning a breakout attempt could be near.
The Relative Strength Index (RSI) is at 41.73, indicating a neutral-to-bearish momentum. If the RSI moves above 50, it would confirm increasing buying pressure and support a breakout scenario.
If the price of WIF breaks above the wedge resistance and the 50 SMA ($0.6476), the next resistance is at $0.88 (200 SMA).&nbsp;
A strong breakout with volume could send the price toward $2.00, aligning with the measured move target.
<figure id="attachment_629692" aria-describedby="caption-attachment-629692" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-629692" src="https://insidebitcoins.com/wp-content/uploads/2025/02/WIF_2025-02-24_08-09-09.png" alt="Dogwifhat Price Chart Analysis Source: GeckoTerminal" width="1637" height="666" srcset="https://insidebitcoins.com/wp-content/uploads/2025/02/WIF_2025-02-24_08-09-09.png 1637w, https://insidebitcoins.com/wp-content/uploads/2025/02/WIF_2025-02-24_08-09-09-300x122.png 300w, https://insidebitcoins.com/wp-content/uploads/2025/02/WIF_2025-02-24_08-09-09-1024x417.png 1024w, https://insidebitcoins.com/wp-content/uploads/2025/02/WIF_2025-02-24_08-09-09-768x312.png 768w, https://insidebitcoins.com/wp-content/uploads/2025/02/WIF_2025-02-24_08-09-09-1536x625.png 1536w" sizes="(max-width: 1637px) 100vw, 1637px">
 <figcaption id="caption-attachment-629692" class="wp-caption-text">
 WIF/USDT Chart Analysis Source: GeckoTerminal
 </figcaption>
</figure>
Conversely, if the price of Dogwifhat fails to break out, it could continue trading inside the wedge, with $0.50 as the next key support level. A drop below the lower trendline of the wedge would invalidate the bullish outlook, possibly leading to further downside.
As the WIF price plunges, investors are shifting focus to a new meme coin called <a href="https://insidebitcoins.com/visit/memeindex" rel="noopener noreferrer nofollow">Meme Index (MEMEX)</a>. According to 99Bitcoins, a prominent crypto channel on YouTube that boasts over 725K subscribers, MEMEX has the potential to be the next 100x crypto.
<iframe title="Best 3 Meme Coins to Buy Now for February 2025?! (NEXT 100X Potential Crypto?)" width="640" height="360" src="https://www.youtube.com/embed/lrMIJu359hI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 id="meme-index-presale-amasses-over-3-8-million-next-big-crypto">Meme Index Presale Amasses Over $3.8 Million—Next Big Crypto?</h2>
Meme Index is the world’s first decentralized meme coin index, and it’s already closing on $4 million raised in its presale.
The new project is building the first on-chain meme coin index investing platform, providing crypto users with a hassle-free way to get diversified exposure to the sector.&nbsp;
The MEMEX token offers four diversified investment baskets: Meme Titan Index, Meme Moonshot Index, Meme Midcap Index, and Meme Frenzy Index. Each basket caters to varying risk appetites, from relatively safer options like Meme Titan to the highest-risk Meme Frenzy, which features emerging and highly volatile meme coins for those seeking high returns while willing to accept high risk.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 GET READY TO MOON, DEGENS! Meme Coin Mania is BACK and better than ever! With Solana at the helm, my AI-powered <a href="https://twitter.com/search?q=%24MEMEX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$MEMEX</a> is scanning the markets for the NEXT BIG THING! Stay glued for exclusive alpha, insights, and updates on the hottest meme coins!
 — Meme Coin Mania (@MemeCoinMania77) <a href="https://twitter.com/MemeCoinMania77/status/1887080924195819586?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 5, 2025</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
MEMEX holders can also participate in the project’s presale staking pool, which currently provides a stratospheric annual yield of 595%.&nbsp;
You can purchase MEMEX tokens on the official website for just $0.0164896.
<a href="https://insidebitcoins.com/visit/memeindex" rel="noopener noreferrer nofollow">Buy MEMEX tokens here before a price hike in less than 22 hours to secure the best deal.</a>
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Dogwifhat Price Prediction: As WIF Plummets 7%, Investors Shift Focus To This $3.8M ICO For Diversified Meme Coin Investing

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