š·---Dogwifhat ($WIF ) ā Market & Profileš
šPrice: Around $1.03ā$1.08, down ~2ā3% in the past 24āÆhoursā
Market Cap: ~$1.03 billion
Volume: ~$400ā700M daily ([turn0search1]īturn0search4īturn0search2ī)
Circulating and max supply: ~998.9āÆmillion WIF tokens ([turn0search1]īturn0search4ī)
---š Ecosystem & Tractionā
Launched November 2023 on Solana as an SPL token with a playful mascot: a Shiba Inu in a pink knitted hat. It's purely a meme-based token without technical utility. Growth is sentiment-driven. ([turn0search3]īturn0search2īturn0search4ī)
Listed on major exchangesāincluding **Binance, Coinbase, KuCoinā**fueling speculation and liquidity. ([turn0reddit18]īturn0reddit17ī)
---š Performance & Price Actionš
ATH: ~$4.85 on March 31, 2024āprices have since declined ~75%.
Remains a top Solana memecoin by cap; current ROI from launch is still impressive. ([turn0search4]īturn0reddit20īturn0reddit17ī)
WIF experienced a ~9% one-day surge on Coinbase listing, and ~37% spike on broader memecoin rally. ([turn0reddit18]īturn0search8ī)
Whale activity: Over 700K WIF tokens (~$2M) bought by major holders in midā2024. ([turn0reddit19]ī)
Address activity has dropped in recent months, and bearish momentum indicators suggest caution. ([turn0reddit14]īturn0reddit15ī)
> āActive addresses nosedived⦠WIF is trading at $3.27⦠bearish signalā¦ā īturn0reddit14ī
-šÆ Price Outlook & Scenarios
Timeframe Scenario Details & Targets
Short-Term Bullish breakout May test $1.10ā$1.20 if momentum holds
Mid-Term (2025) Range consolidation Likely between $0.80ā$1.30 depending on hype cycles
Long-Term Upside Meme cycle peak Potential revisit of $2ā$3+ if broader memecoin revival
Bear Case Pullback risk Could revisit $0.70 or lower on sentiment fade
---ā ļø Key Risks & Volatility
Speculative Hold: No real utility or staking; entirely sentiment-driven. ([turn0search3]īturn0search9ī)