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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/surge-in-solana-based-dogwifhat-meme-coin-attracts-investor-attention/" data-wpel-link="internal">Surge in Solana-Based Dogwifhat Meme Coin Attracts Investor Attention</a> 
The Solana-based centralized <a href="https://en.coin-turk.com/flying-this-altcoin-is-determined-to-make-history-in-gold-letters-but-how-real-is-its-existence/" data-wpel-link="internal">memecoin</a> Dogwifhat (WIF) has recorded a strong recovery with up to a 20% price increase in the last 24 hours, effectively reversing its downward trend and creating the impression among investors that it could surpass its all-time high of $4.60. 
<h2 style="text-align: justify" id="strong-media-interest-doubles-strong">Media Interest Doubles</h2> 
This strong recovery in WIF follows a period of decline since the beginning of April. Currently, the price of WIF is at $4.22 with a market value of $4.24 billion. Additionally, the daily trading volume has shown a significant increase, rising by 44.17% to over $657 million. 
Data indicates that investor interest in Dogwifhat has surged once again. In particular, recent trends in the media following a consolidation phase suggest that WIF may have reached a significant milestone. The Social Dominance metric from crypto data platform Santiment, which measures the level of media attention surrounding a specific crypto project, reveals a significant increase in WIF’s social dominance, doubling from 0.04% to 0.08% in the last 48 hours. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-338673" src="https://coin-turk.com/wp-content/uploads/2024/04/Santiment-Dogwifhat-WIF.png" alt="" width="3184" height="1518"> 
This increase in media attention follows a stagnant market period after WIF’s remarkable 505% price increase in March 2024. Furthermore, data reveals that the memecoin’s price has risen over 2,300% since its inception in December 2023. 
<h2 style="text-align: justify" id="strong-projection-of-rise-up-to-17-43-strong">Projection of Rise Up to $17.43</h2> 
Leading on-chain measurement and price prediction platform CoinCodex indicates an optimistic outlook for WIF. According to a recent forecast by CoinCodex, the price of the memecoin could reach $17. The price projection offered by CoinCodex suggests a trading range for WIF between $3.68 and $17.43 by the year 2025. 
This forecast by the platform highlights WIF’s potential to reach high levels such as $17, corresponding to an increase of over 300% from its current price levels. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/surge-in-solana-based-dogwifhat-meme-coin-attracts-investor-attention/" data-wpel-link="internal">Surge in Solana-Based Dogwifhat Meme Coin Attracts Investor Attention</a></h5>

Surge in Solana-Based Dogwifhat Meme Coin Attracts Investor Attention

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