Interesting movement on $WIF .
It is useful to take a look at the supply and demand rates on the chart. The buyers do not tend to sell much and there seems to be a serious buyer capacity. However, this situation is not reflected in the prices.
So what was this #WIF ?
WIF Coin, also known as #Dogwifhat (WIF), is a meme coin based on #Solana . It was launched in November 2023 and attracted great attention despite its simple structure.
Its performance in the market is quite remarkable. WIF #Coin has increased by 1,150% since its launch, reaching $ 2.46, but later its price started to fluctuate between $ 1.74 and $ 2.08. #Binance is traded on major exchanges such as Pionex and TokoCrypto (source: CoinGecko). Working on the Solana blockchain offers advantages such as faster transaction times and lower fees compared to its competitors.
Well, $SOL is such a project. The reason for many units to be on the market today... 🙂
What do you think? Are these supply/demand values for WIF a sign of an increase?
NOTE: My articles are definitely not investment advice. Everyone makes their transactions with their own free and independent will.