Dogwifhat (CRYPTO: WIF) is bouncing back from a prolonged downtrend, prompting traders to speculate whether the popular meme coin has finally found its bottom.
Trader Notes: Pseudonymous trader TheFlowHorse sees WIF as a strong play for a potential bounce, while prominent analyst Kevin highlighted to his followers that WIF hit “peak fear” under one dollar.
He suggests a strong weekly close, combined with dovish Fed comments, could push WIF beyond $2.
Crypto trader Bluntz Capital believes WIF has bottomed, noting that he sees a strong chance of a rebound.
Crypto trader Ansem calls WIF the "original coin that led the entire bull market," emphasizing its role as the first organic Solana meme coin to hit a billion-dollar valuation and drive the meme coin super cycle thesis.
Statistics: Dogwifhat's 16.7% daily rally makes it the top gainer among major meme coins, with 24-hour trading volume hitting $1.1 billion.
Community News: Dogwifhat's official X account teased "Viva La Vegas" with an image of WIF on the Vegas Sphere, hinting at an upcoming event in Q1. The post concluded with: "Hat stays on."
Read Next:
Image created using artificial intelligence with Midjourney.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
