WIF (dogwifhat): Solana Memecoin Surpasses $1B with Whale Support & Technical Breakout

$WIF breaks above the 200‑EMA and achieves $1B market cap as whales accumulate 39M tokens amid a memecoin resurgence.

Today’s Update

WIF trades around $1.03 (+2.4% 24h), with $600–650M volume and a $1.03B market cap. Weekly sentiment is strongly bullish, up ~22%.

News & Price Drivers

Short-term: Whale wallets acquired 39M WIF; breakout confirmed above 200‑EMA with +83% volume spike; derivatives OI rising.

Long-term: Fixed supply (~998.9M), broad listings (Coinbase, Kraken, KuCoin), and community-driven memecoin momentum.

Technical Analysis & Scenarios

WIF sits at $1.03 post-breakout above 200‑EMA.

Bull case: hold above $1.00 → move to $1.10–1.15 → target $1.20–1.30

Bear case: drop below $1.00 → retest $0.90–0.95

Investment Strategy

Traders: buy $1.02–1.04 on retest with volume; target $1.15–1.30; SL < $0.995.

Holders: accumulate $0.95–1.00; potential target $1.50–2.00; SL < $0.90.

⚠️ Not financial advice. DYOR & manage your risk.