Dogwifhat Price Prediction: This Potential Pepe Coin Successor Is Up 114% in One Week Even as WIF Plunges Another 20%.

Dogwifhat price fell As investors continue to offload their cryptocurrency holdings, it has gained more than 20% in the past 24 hours, trading at $0.07896 as of 8:10 a.m. EST.

Dogwifhat price attempts to regain support.

WIF/USDT 4-hour chart (Source: TradingView)

that much Dog We Fat The price fell to a low of $0.0655 early in today’s trading session, but was able to recover slightly. Investors have recognized this price drop as a buying opportunity as WIF struggles to reclaim the $0.08 support. A 4-hour candle closing above this level in the next 8 hours could lead to a bullish move towards $0.1015.

If the bulls decide to continue pushing Dogwifhat price higher in the coming days, the altcoin could go as high as $0.1445. However, this bullish argument could be invalidated if WIF fails to close a 4-hour candle above $0.08 within the next 12 hours.

In this alternative scenario Dog We Fat The price risks retesting the aforementioned low of $0.0655. The bears may continue to exert selling pressure. cryptocurrencyThis will likely cause it to fall below this key price range.

Dogwifhat prices may rise soon.

Technical indicators suggest that a bullish trend reversal could occur soon. The moving average convergence divergence (MACD) is slightly bullish. WIF’s downtrend may be nearing its end as the MACD line approaches the MACD signal line. This can be confirmed when MACD breaks above the MACD signal line.

In addition, buyers have gained some power, and their power over sellers continues to grow. The RSI indicator on the 4-hour chart suggests that RSI is approaching the simple moving average (SMA) line. Similar to MACD, the crossover between RSI and SMA would be an important bullish technical signal. This is a sign that power has shifted to the upside, which can be identified as a buying trend.

While Dogwife prices continue to fall, Sponge V2 Its predecessor, Sponge V1, is set to skyrocket after its weekly publication. get It’s over 114%.

Meme Coin Set About to Explode

sponge After the price surged more than 100% last week, we revisited the 100x increase we posted in May last year. The surge in cryptocurrency prices may be due to the highly anticipated connection from V1 to V2.

After this switch, investors who missed out on the 100x profits offered by Sponge V1 will have a second opportunity to make significant profits. As a result, Sponge V2 is being called the next generation Pepe coin as it has the potential to earn the same benefits as PEPE.

To participate in this promising project, investors have two options. The first option is to purchase and stake Sponge V1 through the official site. Website. The second option is for investors who already own Sponge V1 and only need to stake tokens. Once staked, tokens are automatically linked to V2.

fist, #Sponger! 🧽︎

We are happy to announce that liquidity is now locked! 🔐

There are already 4,270,902,045 tokens staked with a value of $3,497,953, currently maintaining an impressive 378% APY. $sponge Stronger than ever!

Visit our website to learn more! ⚡️#SpongeV2 #web3 pic.twitter.com/1tYOhx3Lcb

— $SPONGE (@spongeoneth) January 8, 2024

Investors are rushing to stake their tokens

More than 4.2 million Sponge V1 tokens have been staked so far, suggesting investors are betting big on its future. Sponge V2. In addition to the potential to generate significant returns on investment, token holders who stake their tokens have access to very lucrative Annual Percentage Yields (APY). Sponge’s website currently lists an APY of 377% secured.

Building on the success of Sponge V1

$sponge V1 has over 13,000 holders!

How much bigger and better exchanges will happen in the future? #hodler do you think #SpongeV2 Will have? 🤯#memecoin #bull market #AltSeason pic.twitter.com/261W4L8pKt

— $SPONGE (@spongeoneth) January 7, 2024

What sets it apart Sponge V2 The difference from its predecessor is that there is a “bigger and better” tradeoff on the horizon for the project. Apart from this, Sponge V2 includes a P2E racer game. These two factors combined with a rapidly growing community can lead to: Sponge V2 Prices will skyrocket in the coming weeks.

You can purchase and stake Sponge V1. here.

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