WIF Cryptocurrency Momentum Analysis (dogwifhat)
General Information:
- Nom : dogwifhat
- Symbol: WIF
- Platform: Solana
- Current Offer: 998,840,784.12 WIF
- Current Price: 0.49097432 USD
- CMC ranking: 108
- Volume 24h : 212,129,990.64 USD
- Price change over 24 hours: +12.03%
- Price change over 7 days: +24.44%
- Price change over 30 days: -3.00%
- Price change over 60 days: -22.88%
- Price change over 90 days: -66.22%
Momentum analysis:
1. Short Term Trends:
- WIF price has increased by 12.03% in the last 24 hours, indicating renewed interest and positive short-term momentum.
- Over a 7-day period, the price also showed a strong increase of 24.44%, suggesting a recent uptrend.
2. Medium and Long Term Trends:
- However, over 30 days, the price has decreased slightly by 3.00%, and over 60 days, it has fallen by 22.88%. This indicates that, while momentum is positive in the short term, there have been more significant challenges in the last two months.
- Over 90 days, the decline is significant at 66.22%, which could reflect broader market conditions.
3. Volume and Liquidity:
- The 24-hour trading volume of USD 212,129,990.64 is relatively high, which is a good indicator of liquidity and investor interest.
- The fact that WIF is traded on 679 active markets also strengthens its visibility and accessibility.
Conclusion
WIF's momentum shows positive short-term momentum, with notable increases over 24 hours and 7 days.
Disclaimer: I am not an investment advisor. Do your own research.
For more information, you can visit the official dogwifhat website or follow their Twitter.