Initial meme appeal + cute pink hat, quickly enters the top meme-coin market cap in Solana with an explosive community development system.
---
1. Quick Market Update
Current Price: $1.087, up +6.25% in 24 hours; range: $1.023–$1.099
Market Cap: ~$1.08 billion, similar FDV, total supply ~998.9 million WIF
24-hour Volume: $390–550 million, down ~45% from yesterday
Market sentiment: community is excited, sentiment ~67% bullish (CoinGecko)
---
2. News & Narratives
🔹 Short-term Catalysts:
Meme of the dog wearing a hat becomes a viral symbol, starting with a strong entertainment & community vibe
Continuous listing on exchanges like Bybit, OKX, Gate, Binance → increases trading convenience & access to retail capital flow
🔸 Long-term Narratives:
Simply a strength: no complex tokenomics, just meme → community determines value
Building momentum for leading meme-coin Solana, closely following Dogecoin, Pepe... and may expand utility in the future
---
3. Technical Analysis & Scenarios
Breakout > $1 after a correction cycle to $0.85–$0.90, currently retesting this level
RSI ~60–70 (bullish), trading volume remains high (~0.58 Vol/MC)
Scenario:
✅ Hold > $1 → test the range $1.20–$1.30
❌ If it drops below $0.95 → retest support at $0.85–$0.90
---
4. Investment Strategy & RISK
Short-term Trader
Entry: $1.00–$1.05
Target: $1.20–$1.30
Stop-loss: < $0.95
Medium/long-term Holder
Easy to understand, strong community → suitable for memecoin play
Entry around $1.05–$1.10
Long-term target: $1.50+, depending on meme sustainability
Stop-loss: < $0.90
---
4.1 RISK
Current price is high → risk of early correction
Meme burnout: if the trend wanes, WIF is likely to lose value
The community primarily consists of retail, lacking institutional capital flow
Potential clone/new competitor for meme-coin