Dogwifhat Price Prediction: WIF Plunges 12% As This New Solana Rival Breaks $8.5 Million.

The price of Dogwifhat has fallen 12% over the past 24 hours, trading at $3.3851 as of 10:01 AM ET on a 25% surge in volume.

Meme coins emerged amid a sea of ​​losses, with the sector as a whole plummeting 5.2% over the past day, hitting a market capitalization of $57.37 billion, according to CoinMarketCap.

Dogwifhat price outlook

Dogwifhat price is testing the 50% Fibonacci placeholder at $3.4023. The Relative Strength Index (RSI) is just above average at 50 with no directional bias. Moving average convergence divergence (MACD) has also eased.

The WIF market is neither selling nor buying, waiting for confirmation when the market provides the next signal. With RSI above 50 and MACD in positive territory, the odds are in favor of an uptrend. Nonetheless, this is not enough as the position of the Dogwifhat price in the midline of the market range forces WIF into equilibrium.

If the bulls can keep Dogwifhat price above the 50% Fibonacci placeholder and hit a candlestick above this level on the daily time frame, it could extend northward and reclaim the $4.5910 range.

TradingView: WIF/USDT 1-day chart

On the other hand, if the bears recover the market and Dogwifhat price candlesticks below the $3.4023 mid-range, the bears lose their way. This stance could encourage more sell orders and send WIF price towards the $2.2136 support before WIF becomes attractive to buy.

Investors looking for a potential WIF successor might want to consider SLOTH, which exploded onto the scene with the launch of “Send SOL,” exceeding $8.5 million in funds raised in less than two weeks.

A promising alternative to Dogwifehat

Slotthana (SLOTH) is following in the footsteps of “Send SOL” launch pioneers: $BOME, $PUMP, and $PUNDU have created new launch methods on the network.

The launch method defeats traditional pre-sale practices with no price tiers, timers or hard caps. allAll the investor has to do is send SOL to the token address and then the team airdrops the tokens to their wallet. every Once your SOL is sent to that address, you will receive 10,000 $SLOTH tokens at the end of the pre-sale.

Send SOL to EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA

— Slothana (@SlothanaCoin) March 25, 2024

However, you can also visit the Slotthana website to link your wallet and purchase directly. The ICO may end at any time without a predefined hard cap announced. This means that now is the best time to buy to avoid losses.

Hello sloths! 🦥 Quick update from your favorite cryptocurrency connoisseur: I hear some of you are nervous about Slotthana tokens! 😅 Have no fear, clumsy supporters! A token drop will occur if the pre-sale reaches a lazy conclusion.

— Slothana (@SlothanaCoin) March 28, 2024

If one SOL purchases 10,000 $SLOTH, the price of each token is approximately $0.017502 at the time of this writing.

Visit Slothana here to purchase.

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