The translation results are as follows:
Dogwifhat price dropped 5% to trade at $4.4070 with volume up 4% as of 03:56 AM EST.
The market is recovering due to the end of the Easter holiday, which explains the lack of trading volume. Nevertheless, the price of WIF is still well above $4.0000, which makes this Solana-based meme coin take a place in the hot list of CoinMarketCap.
Top five
1TP5 Cryptocurrency on TCMC
#WIF
@dogwifcoin
$4.41
#DIGI
@Digiversede
$0.7418
#FET
@Fetch_ai
$2.95
#PANDA
@PandaSwapSol
$0.01222
#AXL
@axelarnetwork
$2.06
I'll post the prices again tomorrow. Which ones will be the winners?
[❣️Follow me for more cryptocurrency news]
pic.twitter.com/0MqnsIvI8p
— Coin Listing (@coin_list2017)
April 1, 2024
Looking at the market cap metric, the meme coin currently has a market cap of $4.389 billion, but traders and market watchers expect it to hit $5 billion soon.
Dogwifhat
$WIF
It is about to break the 5 billion US dollar market value mark!
#WIF
#sol
#memecoin
pic.twitter.com/EaPZLMJ3xR
— Aden Herz (@AdenHerz)
April 1, 2024
From a technical perspective, the price of Dogwifhat is preparing for a strong breakout. However, this depends on whether the bulls can keep it above the middle line of the ascending parallel channel, which is the dominant chart pattern on the eight-hour time frame.
If the price rebounds off the midline, it could set the tone for a strong up move that could potentially carry Dogwifhat to $5.0000.
Multiple technical indicators support this view as the price of Dogwifhat remains above the short-term moving average at $4.3414. Increased buying pressure from this buyer congestion zone could push the price of Dogwifhat higher, breaking above the resistance at the upper boundary of the channel. Such a move, coupled with the flip of the upper boundary of the Bollinger indicator at $4.9947 towards support, could open up space for continued gains.
The Relative Strength Index (RSI) is above 50, which is also bullish, and the Awesome Oscillator (AO) indicator also remains above its moving average.
TradingView: WIF/USDT 8-hour chart
The opposite situation
On the other hand, an increase in buying pressure could lead to a drop in the Dogwifhat price. A break below the channel’s midline could encourage more sell orders. This could lead the WIF price to test the Bollinger indicator’s centerline at $3.7121. A decisive candlestick close below this level would signal a breakout of the mid-March high, around $3.5672.
Bears may reclaim the market at this level, pushing Dogwifhat’s price down. Meanwhile, investors are flocking to Smog, a Solana memecoin that is about to have its first centralized exchange listing. As Dogwifhat price struggles to maintain a bullish trend, consider diversifying into Smog. According to analysts, the project is currently offering a discount of 10% to early project participants, who believe the project could grow 100x by the time it launches.
Promising alternatives to Dogwifhat
Smog
is the latest Solana meme coin, and analysts say it will benefit from its dragon theme, which could attract Asian investors. This is during the ongoing Year of the Dragon. This assumption is based on their shared dragon theme. The coin became one of the most watched meme coins after its debut on Jupiter DEX in 2024.
Solana's newest meme coin, Smog, is now available on Jupiter DEX via an airdrop
https://t.co/Z7vH9TbvgV
— Crypto24club (@crypto24club)
February 8, 2024
Smog promises to conduct the largest airdrop in history. The project aims to surpass Solana’s JUP’s record of $700 million airdrop. To this end, the project has dedicated 35% (1.4 billion tokens) of the total token supply for this purpose. Smog project participants can accumulate airdrop points by participating in activities on Zealy.
$SMOG
| The greatest of all time
#Solana
# Airdrop
!
Buy, Hold, and Complete
#Zealy
Complete missions on the go to qualify for airdrops and climb the leaderboards!
20K+ Zealy participants
96.71K+ holders
$145.04 million+ market cap
✅ Completed 1.9M tasks
Airdrop link is in profile!
pic.twitter.com/ztTNkdkv6V
— Smog_Token (@Smog__Token)
March 13, 2024
Smog is a new entrant into the memecoin market, running on the Solana blockchain, and it has become one of the top 25 memecoins by market cap.
The SMOG airdrop campaign is rapidly approaching important milestones in community growth and engagement.
You can buy and stake Smog now for a discount of 10%. But hurry up and catch it before the sale ends.
Smog will soon be listed on centralized exchanges
According to the latest announcement by the token’s leader on social media, SMOG will be listed on centralized exchanges (CEX) “soon.” According to the announcement, the listing will be a milestone event, with the project leader urging people in the $SMOG Army (a nickname for the $SMOG Army) to “get ready for the upcoming $SMOG first exchange listing.”
Visit and purchase Smog.
also:
$SMOG meme coin has 10x growth potential - how to buy, stake for high returns, and make price predictions
New Solana Meme Token to Buy and Hold — Could SMOG Be the Next BONK?
SMOG will enter centralized exchanges through new airdrops
5 Best Meme Coins That Could Become the Next Shiba Inu - $MYRO, $SMOG, $SOLAMA, $CCC, $DOGE20
Matthew Perry Reviews Smog Token - Potential Solana Memecoin Frontrunner
The best low-priced cryptocurrency investments with the best potential in 2024: the top choice for high growth!
Smog (SMOG) - Meme Coin with Rewards
Rating
Airdrop Season 1 is in progress
Earn experience points to earn your share of $1 million
Cointelegraph Special Report
Staking Rewards - Annualized Rate of Return of 42%
10% OTC Discount - smogtoken.com
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