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Double Win: Dogwifhat Jumps 24% Alongside Bitcoin’s $107K Push

  • Dogwifhat (WIF) surged 24% in the past 24 hours, surpassing $0.85, as Bitcoin surpassed $107,000, with a quick recovery from levels under $0.72.
  • Active wallets handling WIF increased by 20%, and daily volume exceeded $70 million, bringing the meme coin closer to the $1.00 mark.
  • The Dogwifhat network witnessed a surge in trading volume, surpassing $700 million in the last two days, positioning it as the 45th largest token by market cap.
  • Technical analysis suggests a breakout for WIF, with the coin breaking out of a descending wedge on the 4-hour chart. Traders eye a move towards $0.90 and potentially $1.00, with support linked to Bitcoin and the Solana ecosystem.

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