Dogwifhat Price Prediction: Top Gainer WIF Surges 30%, But Experts Say This Meme Coin Rival Might 10X

On Mar 18, 2024

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The Dogwifhat price has pumped 30% in the last 24 hours to trade at $3.02 as of 12:50 a.m. EST to make it the top gainer on CoinMarketCap.

Trading volume surged 12% to $662 million,

Dogwifhat Price Poised For A Bull Rally Above The Bullish Pennant Pattern

WIFUSDT Analysis By Tradingview

The WIF price is poised for a bull rally as the bulls continue the surge within the ascending triangle pattern. The bulls have discontinued the bearish trend at the $2.17 support level, indicating regaining price control.

If the momentum continues, the bulls could fly the price above the triangle, continuing the bullish trend and initiating another bull rally.

Moreover, the technical indicators support the momentum. The bulls have pushed the price above the 50 simple moving average on the 4-hour chart, affirming the bullish outlook.

The Relative Strength Index (RSI) indicates a rebound on the 37 level flying above the 50 midline level to 59, indicating intense buying pressure. If the bulls gain additional strength, there is potential for the RSI to enter the overbought zone.

Dogwifhat Price Signals Another Rally Above The Ascending Triangle

Dogwifhat price is bullish, with bulls targeting a 49% increase to $5.22. If the momentum is strong enough, it could help the bulls catapult the price, surpassing its all-time high ATH and reaching a new high at $5.22 in the upcoming weeks.

However, should the bearish momentum intervene, there is a risk of the price slipping below the 50-day SMA to the lower boundary of the triangle at $2.48.

As the WIF traders await appropriate entry levels, investors are eyeing Dogecoin20 as a dog-themed meme coin successor to DOGE and SHIB.

Preparing for the ultimate #DOGE upgrade! 🚀
We’re sending @elonmusk ‘s favorite #Memecoin towards a more sustainable future. 🌱
Exploring the opportunity of staking #DOGE20 and earning eco-friendly rewards. 💰🌎 pic.twitter.com/r1yI80s2Aa
— Dogecoin20 (@DOGE_COIN20) March 17, 2024

Dogecoin20 Presale Surpasses $1.92 Million: The Next Meme Coin Sensation

The Dogecoin20 presale has surpassed $1.92 million in just three days.

DOGE20 is positioned as an upgrade to the Dogecoin brand as funds raised near its $2.34 million target.

Elon Musk’s recent comments about Dogecoin eventually being enabled to buy Tesla cars may have fueled some of this interest.

Enjoy Staking Rewards Of 418% APY

Drawing inspiration from the popular Shiba Inu meme coin, Dogecoin20 goes beyond by integrating built-in staking for passive rewards.

The project team has set aside 15% of the total supply for staking rewards, with investors offered an annual yield (APY) of 418%. Early adopters have staked over 6.6 billion DOGE20 tokens.

🚀 #DOGE20 isn’t just another Shiba Inu-inspired derivative.
Upholding Dogecoin’s ethos to Do Only Good Everyday, it offers passive rewards through on-chain staking. 🌱🌟
Embracing a greener, more sustainable future with the most widely loved #Memecoin in the world! 🐶 pic.twitter.com/zqlONodRPB
— Dogecoin20 (@DOGE_COIN20) March 14, 2024