Dogwifhat (WIF) Predicted To Reach $4 In February 2025

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Every year, the cryptocurrency manufacture welcomes galore meme coins. While immoderate marque it large a fewer others crook retired to beryllium specified scams. As these assets travel the footsteps of Shiba Inu (SHIB) and Dogecoin (DOGE) lone a fewer person managed to reflector their popularity. A reasonably caller meme coin that made headlines was Dogwifhat (WIF). The plus has been keeping it debased arsenic coins were inferior was taking the beforehand stage. But things could beryllium changing for WIF with the commencement of the caller month.

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Looking Into The WIF Market

Unlike the remainder of the market, WIF was seen successful a downtrend. The meme coin has been moving downwards since the opening of the month. Throughout January, the plus has dipped by 34%. During property time, the dogwifhat was trading astatine $1.20. This was achieved aft a important driblet of 9.70% implicit the past 24 hours.

While this is surely bearish for the WIF ecosystem, the plus displayed a notable summation successful 2024. Within a span of 12 months, the meme coin roseate by 282%. In the period of March, the plus managed to deed an all-time precocious of $4.85. Sadly, WIF is trading 75% beneath this highest astatine the moment.

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Is $4 Within Reach?

While respective assumed that WIF was thing but a specified passing fad, the plus is acceptable to beryllium naysayers wrong. Data from CoinCodex highlights a bullish pathway for the plus during the coming month. According to the firm, the meme coin volition emergence to a maximum terms of $4.01. This marks a staggering 233% surge from its existent terms level. In addition, the mean terms of the plus sits astatine $2.40 for the 2nd period of the year.