š Key Trading Metrics
Current Price : \$0.87 USD
24h Range : \$0.71 ā \$0.91 USD
Market Cap : Approximately \$400 million USD
24h Trading Volume : Approximately \$254.6 million USD
All-Time High (ATH) : \$4.85 USD on March 31, 2024
All-Time Low (ATL) : \$0.30 USD on April 7, 2025
š Technical Overview
Price Movement : $WIF has experienced a significant rebound, rising approximately 190% from its all-time low in April 2025.
Market Activity : The 24-hour trading volume has surged to approximately \$254.6 million USD, indicating heightened market interest.
Exchange Listings : WIF is actively traded on major exchanges such as Binance, Kraken, and MEXC, with the WIF/USDT pair on Binance accounting for a significant portion of the trading volume.
š§ Trading Strategy Suggestions
Short-Term (1ā2 weeks) :
Entry Point : Consider entering if WIF maintains support above \$0.80 USD, indicating potential for continued upward momentum.
Target : Monitor for a breakout above the recent high of \$0.91 USD, which could signal a move towards the \$1.00 USD level.
Stop-Loss : Set a stop-loss slightly below the \$0.80 USD support to manage downside risk.
Mid-Term (1ā3 months) :
Accumulation Zone : If WIF consolidates between \$0.80 and \$1.00 USD, consider accumulating positions in anticipation of a breakout.
Target : Aim for the \$1.50ā\$2.00 USD range, aligning with potential recovery towards previous highs.
Long-Term (6ā12 months) :
Investment Thesis : Given Dogwifhat's role as a prominent memecoin within the Solana ecosystem and its strong community backing, long-term holding could be beneficial, especially if WIF approaches its previous all-time high of \$4.85 USD.