CoinTelegraph Report:
Among the various cryptocurrencies and meme coins present in this space, DogWifHat has carved out its unique path. Despite the bearish sentiment prevailing across the cryptocurrency market, the token is experiencing rapid growth and maturation. According to CoinMarketCap, the token is currently trading at $1.63, marking a 10% decline over the past 24 hours from its earlier price of $2. Can the token reclaim its value over the weekend?
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WIF Prepares for Grand Launch in Las Vegas
Source – CoinCodex
Enthusiasts of WIF recently initiated a crowdfunding campaign to place the WIF mascot on the iconic Las Vegas sphere. Launched in March, the initiative raised nearly $700,000 to advance their plans. The team recently disclosed that their plan to feature the WIF mascot on the Las Vegas sphere is nearing 90% completion.
Mihir, one of the organizers of the DogWifHat Sphere initiative, elaborated further on this development and shared how Sphere is developing specific cryptocurrency-related terms in response to this effort.
He added, “We continue to collaborate with them to meet their standards and requirements.”
DogWifHat Weekend Forecast: July Set to Boost WIF Prospects
According to CoinCodex, July could be an auspicious month for DogWifHat holders. By July 10, the token could surge by 30%, trading at $2.00.
“The DogWifHat price prediction for the next 30 days is based on forecasts of positive and negative trends over the past 30 days. Based on these DogWifHat predictions, WIF is expected to change hands at $2.40 on July 12, 2024, marking a 48.81% increase.”
By month-end, the token could regain its lost value. According to CC, by the end of July, WIF could surge by 229%, trading at a new ATH of $5.
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“Based on our current forecast for DogWifHat prices, it is projected to rise by 229.26% to $5.31 by August 4, 2024. Our technical indicators currently show a bearish sentiment, with the Fear and Greed Index at 29 (Fear). DogWifHat has recorded 10/30 (33%) green trading days, with a price volatility of 19.81% over the past 30 days.”