Fresh Rally & Resistance in View
Dogwifhat (WIF) is showing renewed bullish momentum, gaining 4.69% in the past 24 hours to reach around $1.01, with daily trading volume surpassing $282 million and a market cap topping $1.007 billion. Analysts note that the token is now approaching a critical resistance zone between $1.05 to $1.25, with the $1.01 level acting as a pivotal breakout—or reversal—threshold.
Key Price Support Holding Strong
A robust demand zone between $0.73 and $0.85 has repeatedly absorbed downward pressure, supporting price rebounds and underpinning current strength.
Weekly Gains & Solana Tailwinds
WIF has reclaimed the symbolic $1 support level, posting a +10.61% weekly gain. This upswing has been accompanied by growth across the Solana ecosystem, with expanding wallet usage and broader exchange availability fueling momentum.
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Cultural Highlights
Iconic Dog Hat Fetches a Fortune
The original Dogwifhat pink beanie sold at auction for nearly $800,000, netting approximately $793k–$800k in Bitcoin. This standout sale not only underscores WIF’s memecoin culture—but may also be contributing to renewed interest in the token.
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Quick Summary Table
Category Insight
Short-Term Momentum +4.7% gains amid strong volume; eyeing resistance at $1.05–$1.25
Support Levels Maintained between $0.73–$0.85 — foundation of current rally
Weekly Performance Up over 10%, reclaiming $1 threshold amid Solana ecosystem expansion
Cultural Buzz Auction of iconic WIF beanie (~$800k) adds pop culture appeal