Dogwifhat (WIF) hasn't exactly lived up to the hype this "Uptober", but that doesn't mean it's out of the running. Despite the wild swings in the crypto
Dogwifhat (WIF) hasn't exactly lived up to the hype this "Uptober," but that doesn't mean it's out of the running. Despite the wild swings in the crypto space, WIF has held its ground with some stability, bouncing between $2.40 and $2.75 over the past few weeks.
At the time of writing, WIF sits at $2.58, boasting a market cap of roughly $2.6 billion and a 24-hour trading volume just shy of $300 million.
Memecoin guru Murad Mahmudov often hails WIF as a top meme coin to watch, rallying the community as one of the most resilient and "diamond-handed" in the crypto scene, with the majority holding $1K or more in WIF.
As the biggest meme coin in the Solana ecosystem, all signs are pointing toward a breakout run for WIF in the weeks ahead. But the question on many minds is, can it hit $10, $20, or even $50—and how fast?
In this article, I will break down my WIF price prediction for the near and long term, digging into what makes this memecoin stand out in the crowd.
You will also learn why Pikamoon (PIKA), another up-and-coming project, is likely to blow up in this meme cycle.
Let's get started…
Dogwifhat (WIF) Price Prediction
Dogwifhat (WIF), the world's first meme coin to cross a $1 valuation, dropped on Solana in November 2023, launching at a dirt-cheap $0.000013. Things went parabolic after its Binance listing, which cranked up WIF's visibility big time.
This pump sent the market cap soaring past $2.2 billion at its peak, with the token reaching an all-time high of $4.80 on March 31, 2024.
Right now, WIF is bouncing around $2.56, building up momentum near a critical resistance level of $2.97. If it can push past this barrier, a short-term target of $3.20 seems realistic in the coming weeks, especially with the strong community support and interest from major crypto players.
Looking at the tail end of 2024, crypto experts believe the odds are on a possible 2x increase in WIF's price as the meme supercycle begins, which would bring it to around $5.28 - a solid 100% increase from current levels.
If it hits $5.28, WIF will have nearly doubled its current market cap, which could push it closer to $5 billion.
Looking further ahead, the big play for WIF could come during the anticipated 2025 meme coin supercycle.
Crypto insiders are buzzing about 2025 as a potentially historic year for meme assets, with projections suggesting a combined market cap surge to a new all-time high of $1 trillion.
While Murad predicts the “Flippening”—a meme coin surpassing Dogecoin's dominance—will occur in 2024, others believe 2025 is more realistic, especially for WIF because of its unique meme concept.
If WIF catches this wave, a 15x increase from today's price isn't out of the question, putting it around $39.60, an explosive 1400% gain from its current price.
At that level, its market cap would soar to approximately $39 billion, eclipsing Dogecoin's current $25 billion mark.
That said, WIF's moonshot potential is capped due to its already massive 9-figure market cap. In crypto, big pumps—especially 50x or higher—tend to happen when a project has a smaller, more undervalued market capitalization that leaves plenty of room for growth.
With WIF, I'm talking about an asset that already needs serious capital inflows just to budge the price. Plus, there are a lot of WIF whales sitting on massive bags who could decide to offload for profits, which can add extra sell pressure whenever we start seeing any big upward momentum.
This is why insiders are already on the lookout for the next WIF—a fresh project with similar pump potential but without the weight of a massive market cap holding it back.
Many are now eyeing Pikamoon (PIKA), a meme coin that's quickly gaining traction as WIF's “bigger and better” successor.
PIKA not only has meme power but also as the native token of the upcoming AAA Web3 game Pikamoon, has all the signs of a project that can disrupt the GameFi space.
Now, let's explore this further and
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