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    Home»Blockchain»Is it too late to buy WIF? Dogwifhat price surges 17% as Bluntz sees WIF worth $10 and traders rush to buy this Solana competitor just a day early
    Blockchain

    Is it too late to buy WIF? Dogwifhat price surges 17% as Bluntz sees WIF worth $10 and traders rush to buy this Solana competitor just a day early

    msmarkBy msmarkJuly 2, 2024No Comments5 Mins Read
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    join us cable A channel to stay up to date with breaking news coverage.

    Dogwifhat price is up 13% in the last 24 hours to trade at $2.30 as of 3:50 a.m. ET with trading volume up 20% to $409.2 million.

    The meme coin surged on June 30 after spending almost a full week fluctuating between $2 and $2.15. However, while the coin has seen a 13% price increase in the last 24 hours, its weekly gains are even more impressive. In the past seven days, WIF has surged 47% and is currently struggling against resistance at $2.3.

    The rise comes as part of a new bullish wave that has been boosting most of the cryptocurrency market. Another reason for its strong rise is the recent announcement by Matthew SiegelThe head of digital asset research at VanEck, who reported on June 27 that VanEck has filed for the industry’s first Solana ETF in the United States, said:

    . @vanic_us SOL ETFwifhat FundWave https://t.co/EKr4RZX4rI pic.twitter.com/dYJv0lss5T

    — Dogwifcoin (@dogwifcoin) June 27, 2024

    The emergence of a SOL-based ETF in the crypto industry has been long anticipated, and with it finally happening, Solana-based cryptocurrencies — especially meme coins — have seen a strong surge.

    Given the token’s positive performance and the fact that it is one of the industry’s favorite Solana meme coins, trader and explorer, Bluntz, said in a recent post on X that he believes WIF could reach $10 per token.

    Don’t be afraid to dream bigger.Wave https://t.co/zWSk5xicri pic.twitter.com/7XxUJrWAzu

    — Bluntz (@Bluntz_Capital) July 1, 2024

    dogwifhat price prediction

    The price of WIF has seen a strong surge that has taken it to $2.3, and cryptocurrency experts believe that this is just the beginning and that the project’s potential is much greater. However, current technical indicators suggest that WIF may have reached its ceiling at the moment.

    While the token certainly has the potential to rise significantly under the right market conditions, technical indicators suggest that trader activity is declining and bulls have exhausted themselves. This is evident from the suddenly narrowing Bollinger Bands, which have been noticeably wider in the past few days than they are now.

    However, the average price is still halfway between the two ranges, so neither bullish nor bearish pressure is currently dominating.

    The project’s Relative Strength Index (RSI) value shows that traders started selling once the token reached the overbought zone at around 70. At the moment, bears have started to take the lead, and more people are selling, which has led to the RSI value dropping to 55.38.

    There are several scenarios we can see from this point – if the market remains bullish, the price may see a slight correction, while the RSI will stop falling at the current neutral zone, and then it will likely rise again. Alternatively, it may continue to fall if the bearish influence persists, which could also lead to a stronger decline in the price.

    Promising alternatives to dogwifhat

    While digwifhat is one of the best performing meme coins on Solana right now, there is another alternative for Solana users that is currently worth considering. The project in question is SEALNow is your last chance to buy its token before it goes on sale.

    Sealana started its presale a few months ago, and officially ended last week, on June 25. However, the project did not sell out despite raising over $6 million by the time the presale ended, which is why investors were allowed to continue buying SEAL while they waited for the airdrop, which is scheduled to take place tomorrow, July 2, at 1 PM UTC. Anyone who purchases SEAL by 1 PM UTC today, July 1, will still receive their SEAL tokens in tomorrow’s airdrop.

    the #presale It’s over! 🚨 #Airdrop Starts Tuesday, July 2nd at 1pm UTC! 🕙🦭

    Don’t worry, you can still buy. the seal Before the airdrop begins! 🚀💸 #Selana He’s more excited than the fat guy at McDonald’s to hunt whales. the seal In your wallet! 💰 More info coming soon! 🔥 pic.twitter.com/9Mafi9u060

    —Sealana (@Sealana_Token) June 25, 2024

    However, those who purchase after 1pm UTC today will have to wait for the second airdrop to receive their coins. However, keep in mind that the tokens will start trading on Raydium and Uniswap DEXes tomorrow, at the same time as Sealana’s airdrop, so buying too late to receive your coins in the first round of airdrops could put you at a disadvantage.

    This is why you should buy stamp As soon as possible and make sure you still have access to the first round. SEAL is a Solana-based cryptocurrency that everyone is eagerly waiting for, and since the current meme coin market is firmly in the green, the interest coupled with a bullish wave will lead to a strong price surge tomorrow once the coin goes live.

    Cryptocurrency YouTubers, like the expert behind the YouTube channel Cryptonews, believe that Sealana has great potential to become the next 10x cryptocurrency or perhaps even surpass it.

    Therefore, it is definitely worth considering joining early while there is still time.

    Visit the official SEAL website.

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