Dogwifhat ($WIF) Has Recorded 12% Gains for The 2nd Day in a Row

29 May

Dogwifhat (WWIF) has recorded 12% gains for the second day in a row, with daily trading volume crossing $1.5 billion in the latest rally. The number of WWIF holders increased by 6.7% in the past 30 days. If the price closes above the $4 mark, it could confirm a bullish breakout, potentially driving WWIF to new highs above $5 by the end of the month.

Dogwifhat's (WWIF) market cap has soared past $4.0 billion, and daily trading volumes have surged by 30%. In the past seven days, WWIF has demonstrated remarkable performance, being 15 times stronger than ETH. Over the past 30 days, WWIF saw a 6.7% increase in the number of token holders, indicating that investors are buying the dip. Additionally, the token experienced a positive net flow, with $162 billion in buying volume compared to $158.8 billion in selling volume.

The Dogwifhat (WWIF) price surged more than 30%, nearing the $4 mark, just 12% shy of its all-time high. Given the current market trend, it seems the bulls maintain a strong hold on the rally, potentially driving the price to test the current ATH soon. To confirm a bullish breakout near the current ATH of approximately $4.65, the price needs to close the daily trade above the ascending trend line around $4. Market sentiment continues to favor crypto, with volume remaining under bullish influence.

The Dogwifhat price (WWIF) is expected to stay elevated in the coming days, with a fresh bullish push towards new highs above $5 by the end of the month.