This Meme Coin Could presumably Dethrone PEPE Soon

Crypto News

Dogwifhat (WIF) trace has had a stellar sprint these final two weeks, with the meme coin marking two unique all-time highs.

With this distinctive upward thrust, the cryptocurrency has inched nearer to outperforming PEPE, and by the looks of it, this would possibly occasionally likely per chance per chance occur anytime soon.

Dogwifhat Takes Over PEPE

On this planet of meme cash, the Dogwifhat trace upward thrust has created an atmosphere of wretchedness for PEPE holders. Here’s since the total market capitalization of WIF has risen to ghastly the $3 billion tag and is at this time stop to overtaking PEPE. The broken-down has a market cap of $3.17 billion, whereas the latter is collectively worth $3.36 billion.

Must restful this flippening take map, PEPE would lose its station because the third-finest meme coin in the arena, and WIF would take its map.

Crypto News Dogwifhat and PEPE Market Capitalization.
Dogwifhat and PEPE Market Capitalization. Provide: TradingView

Read Extra: Dogwifhat (WIF) Impress Prediction 2024/2025/2030

This Solana-essentially essentially essentially based meme coin is apparently completely starting its bull sprint, as indicated by the technical indicators. The Relative Energy Index (RSI), a momentum oscillator measuring the tempo and swap of trace actions, is already in the bullish zone.

Furthermore, the Exciting Average Convergence Divergence (MACD) indicator is also exhibiting a bullish crossover. Here’s a style-following momentum indicator passe to name bullish and bearish traits. On the second, WIF is stop to initiating a bullish style.

Crypto News Dogwifhat RSI and MACD.
Dogwifhat RSI and MACD. Provide: TradingView

This would possibly per chance lead to an additional trace upward thrust for the meme coin.

WIF Impress Prediction: Can It Forestall a Decline?

Dogwifhat trace is at this time at $3.18, declining after failing to tag the unique all-time excessive at $3.24 in the final 24 hours. If the bullish momentum picks up tempo and WIF manages to overhaul the PEPE coin, the trace upward thrust would possibly proceed. 

Consequently, the WIF trace would possibly be ready to the touch $3.50 and rally extra. 

Crypto News WIF/USDT 1-day chart.
WIF/USDT 1-day chart. Provide: TradingView

Read Extra: How To Aquire Dogwifhat (WIF) and The total lot Else To Know

On the bogus hand, if this correction would now not end, the meme coin would possibly fall to $2.73. This strengthen line is in confluence with the 50-day Exponential Exciting Average (EMA), and shedding it would invalidate the bullish thesis that will send WIF to $2.50.

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