Dogwifhat (wif) once again stealing a spotlight in the meme coin space. According to Crypto Analyst Cryptokartha, the token has been officially damaged from its long-term collapse and can head towards a massive rally-perhaps beating $ 2 in the coming days. In the current wif price walking around $ 0.55, representing more than a 3.5x jump in a short time.
Let's see why this rally may not only be hype – but is rooted in solid technical analysis.
WIF Price breaks out: The technical setup suggests a big move
As directed by CryptokarthaDogwifhat completed a breakout of the book -study from a downward parallel channel that prevented the price of wif since December 2024. In the sun -day chart, the breakout candle is long and clean, certainly pushing across the upper channel border -a classic bullish indicator.
This type of breakout usually indicates a return or a major transition to market sentiment. And it's not just about the price line – even though the volume data is not displayed, the size and shape of the candle suggests a strong momentum behind the move.
Cryptokartha believes this may be the start of something big. In fact, the chart with their tweet outlines an expected target near $ 2 – indicating a potential reversal of more than 220% from the current levels. This is aligned with the Analyst Tweet:
“The $ wif looking good here, the breakout has been confirmed – looking forward to moving towards $ 2 in the next few days.”
Of course, this does not mean wif is a moon overnight. Analysts often care that moving breakouts require quantity confirmation and may return to test the breakout zone before proceeding higher. But for now, the setup is clean, and the optimization from merchants like Cryptokartha is difficult to ignore.
Dogwifhat tops meme coin meme-leads to rally with the themed dog
While technicals show potential, price action tells its own story – and Dogwifhat clearly wins a contest of fame with today's meme meme.
As has been in highlighting of The Solana PostWIF only recorded the greatest benefit to the top 10 coins with theme meme, noting a whopping 30.2% Jump in the last 24 hours. That is more than any of its competitors, including household names such as Dogecoin (Doge) and Shiba Inu (Shib).
🚨 $ Wif (@dogwifcoin) recorded the greatest benefit to the top 10 memecoins themed dog! pic.twitter.com/fuyoc5dz1f
– The Solana Post (@TheSolanAnt) April 23, 2025
Here's how wif was placed against other popular dog coins at the same time:
- Doge: +12.6%
- Shib: +11.5%
- Bonk: +26.4%
- Floki: +18.3%
But no one can go beyond the wif. And this is not just a price spike – The Market cap of the wif Now sitting around $ 551 millionsuggesting that interest in dogwifhat is not only speculation, but growing in terms of appreciation and quantity as well.
In context, The Solana Post said:
“The $ wif (@dogwifhat) records the greatest benefit to the top 10 themed Memecoins!”
And the data is completely back -up. WIF is, at least for now, the head of the meme coin pack.
Read also: massive BTC ETF inflows push bitcoin price above $ 93k – biggest since Trump's office!
Final thoughts: Dogwifhat leads, not only trending
Between a confirmed breakout on the chart and top performance throughout the meme coin leaderboard, Dogwifhat is having a moment – and Cryptokartha's bullish call may not be far from the base.
Whether or not the WIF price actually hits $ 2 in the next few days it remains to be seen, but the prefunction is engaging. The entrepreneurs are watching closely, the buzz is real, and the wif clearly dictates attention to the meme coin space again.
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