Henrik Zeberg, a trader known for his thunderous predictions regarding the cryptocurrency market, has suddenly turned his attention to arguably the most popular meme token on Solana, dogwifhat (WIF), specifically predicting the biggest crash since 1929.
According to Zeberg, WIF is expected to grow by more than 3,500% and even more than 4,000% by November this year. As you can see in the price chart attached to the post, the analyst thinks that dogwifhat can expect to see $80 against the price mark.
Zeberg uses waves in his analysis, and in the case of WIF, he bases it on the movement of the popular Solana meme coin earlier this year. In that time, dogwifhat’s price went from literally zero to $4.6 billion in market cap.
💬 Are you on board too?
It is breaking out of the long-term ABCDE consolidation.
The potential is incredible 🚀 — Henrik Zeberg
Now, Zeberg believes that dogwifhat also has the potential to hit $80, which would imply a market cap of $79.9 billion. For example, all other things being equal, this would put WIF in the top five of the largest cryptocurrencies.
What's more, Solana (#SOL) itself currently has a market cap of just over $70 billion.
On the one hand, the popular investor’s forecast seems overly optimistic. It’s hard to believe that an entity whose only appeal is a cute dog in a knitted hat as its logo could be worth as much as the entire PayPal.
However, history saw this three years ago with#DOGEand #SHIB, and#WIFitself showed similar results, albeit on a smaller scale, in 2024.
