Double Win: Dogwifhat Jumps 24% Alongside Bitcoin’s $107K Push
Dogwifhat (WIF) surged 24% in 24 hours, surpassing $0.85 as Bitcoin exceeded $107,000. Active wallets increased by 20%, with daily trading volume exceeding $70 million, bringing WIF closer to the $1.00 mark. The Dogwifhat network experienced over $700 million in trading volume over two days, ranking 45th by market cap at approximately $1.75 billion, trailing only Dogecoin and Shiba Inu. Community initiatives funded billboards and merchandise, boosting interest and maintaining daily volumes above $70 million. WIF broke out of a descending wedge pattern, with the Relative Strength Index near 60, indicating potential for further gains. Traders are targeting $0.90 and observing Bitcoin's stability above $105,000 for momentum. A drop below $0.80 would signal caution, while support at $0.81 remains firm. New exchange listings could drive prices higher.
