Dogwifhat is arguably the biggest success story in the crypto market in 2024. This Solana meme coin exploded more than 66,000% from a starting price of $0.000072 in November to an all-time high of $4.85 in March.
Since then, $WIF has done better than almost every other Solana meme coin at retaining its value. It’s trading over $2 today and has a market cap over $2 billion, making it the 4th-largest meme coin behind Dogecoin, Shiba Inu, and Pepe.
The price of $WIF surged again this week, which has traders asking—can this meme coin run up to a new all-time high and break the $5 barrier? We’ll take a look at $WIF price predictions as well as highlight another upcoming meme coin that has the potential to topple $WIF’s dominance.
Bullish $WIF Predictions Forecast $5 Breakthrough This Year
The sentiment among crypto analysts and traders is that Dogwifhat’s legendary run is just heating up. Many independent $WIF price predictions suggest this meme coin is setting up for a jump over $5, and potentially to a price as high as $10, by the end of the year.
For example, CoinCodex, a crypto analysis platforms that uses machine learning to predict token prices, forecasts that $WIF could reach $ 6.63 by the end of July. That would be a 230% gain in a month, an impressive move considering that $WIF is a large-cap meme coin. CoinCodex also thinks $WIF could approach $10 by the end of the year.
YouTube crypto analyst Crypto4light Market took a different approach to predicting $WIF’s price, focusing on technical analysis around the token’s breakout now underway. His analysis suggested a price target in the range of $5.50-$6.00 for $WIF within the next 2 weeks.
To be sure, the previous all-time high of $4.85 is likely to present resistance to any upward movement. But $WIF has gained more than 10% in the last 24 hours on trading volume of more than $3.4 million, so there’s strong momentum to break through this resistance if the upward push continues.
At the same time, Crypto Twitter is getting back on the hype train around $WIF and helping propel the token higher. The fear of missing out is strong, and it’s encouraging traders to pile into $WIF and push the token over $5 as quickly as possible.
i feel nothing unless wif goes above $5 tbh
— btai (@btai_eth) June 16, 2024
WienerAI Offers Trading Bot, Potential 10x Gains from New Meme Coin
It’s important for traders to remember that even if $WIF goes to $5, that’s only a 150% gain from the token’s current price. It’s a big move, but $WIF is already one of the largest meme coins on the market—so it has limited headroom to deliver truly massive gains.
For gains of 10x or more, traders need to look to emerging tokens like WienerAI, which many analysts are pointing to as the next explosive meme coin.
WienerAI is a viral token with a sausage-shaped dachshund as its mascot. It follows the dog theme that has proven so popular among meme coin traders, but puts a fun twist on it to attract an even wider audience than $WIF did when it first launched.
The new project even calls its community the ‘Sausage Army’—a moniker that crypto traders are sure to get a kick out of.
WienerAI’s meme-worthiness is just half the appeal of its new $WAI token. The other half is the AI-powered crypto trading bot this platform is developing, which will give traders an edge in the market and allow them to profit from future moves like the one $WIF is making this week.
The WienerAI trading bot is designed to spot setups before they happen, then issue signals to traders so they can get in before anyone else. The bot also analyzes exchange prices to help traders find the best swaps to execute trades.
WienerAI is offering its $WAI token on presale now and has already raised more than $6.4 million. It’s on track to sell out its presale and has the potential to rocket higher after launch, delivering big gains for early investors.
Plus, presale investors can earn up to 177% APY rewards for staking their purchased tokens.
Don’t miss this chance to join the $WAI presale today and start filling your bags with $WAI staking.