Arthur Hayes Believes Dogwifhat (WIF) Price is About to Hit $10
The post Arthur Hayes Believes Dogwifhat (WIF) Price is About to Hit $10 appeared first on Coinpedia Fintech News
The excitement around meme coin Dogwifhat (WIF) is louder than ever, and it must be music to investors’ ears. With a price that’s jumped nearly 40%, hitting a sweet $3 mark for the first time, this Solana-based meme coin is dancing in the spotlight. What’s even more exciting is another prediction by Arthur Hayes, a legend in the crypto industry, that WIF is on its way to reaching a phenomenal $10.
WIF was launched in December 2023, and it is based on a meme about a Shiba Inu dog wearing a pink beanie. The coin is highly beloved by the community. So much so that fans put together over $690,000 to get the furry mascot displayed on the Sphere in Las Vegas. The coin’s icon lit up the orb-shaped entertainment haven, a testament to the coin’s growing popularity. The community even exceeded their fundraising goal, hitting the jackpot in less than four days.
Also Read: Elon Musk Teases Dogecoin Payments for Tesla, Fueling DOGE Price Surge
At the same time as Bitcoin is hitting new heights, surpassing the $73,600 mark, meme currencies are also having their own success stories. In particular, Dogwifhat has been seeing a massive and swift rise in popularity.
From its very low point of $0.0047, it has increased by a whopping 55,000%. That’s a tremendous achievement, but it isn’t isolated. The meme coin market as a whole is very lively. Smaller-cap coins, previously overshadowed by giants like Dogecoin (DOGE) and Shiba Inu (SHIB), are now shining brighter than ever. Coins like PEPE and BONK are hitting all-time highs, with a surge in trading volumes and that prompts a bullish outlook for the meme coin market.
What’s driving this frenzy? It’s a combination of factors. The crypto market is heating up, with Bitcoin in front. This has boosted the confidence of investors in meme coins.
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