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Dogwifhat Price Prediction: As WIF Drops 5%, Investors Flock to This Other Solana Meme Coin in New Listing Plan

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Reverse casePromising alternative to DogwifhatSmog storms to CEX with new airdropAlso read:

Dogwifhat price fell 5% to trade at $4.4070 as of 3:56 a.m. EST time, alongside a 4% increase in trading volume.

The markets are coming out of the Easter holidays, which explains the terrible trading volume. Nevertheless, WIF remains well above $4,0000, which earns the Solana-based meme coin a position on CoinMarketCap’s trending list.

Based on market cap statistics, the meme coin is currently valued at $4.389 billion, but traders and market watchers expect it could soon reach $5 billion.

From a technical point of view, Dogwifhat price is rising for a strong breakout. However, this depends on whether the bulls can hold above the midline of the ascending parallel channel, the prevailing chart pattern on the 8-hour time frame.

A jump above the midline could set the tone for a strong move north, which could see the Dogwifhat price reach $5.0000.

Multiple technical indicators support this statement, as Dogwifhat price is above the short Moving Average (MA) at $4.3414. The increased buying pressure due to this buyer congestion level could send Dogwifhat price north and break the resistance due to the upper boundary of the channel. Such a move, confirmed by a reversal of the upper band of the Bollinger indicator at $4.9947 towards support, could open the space for a follow-on rally.

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The Relative Strength Index (RSI) position above 50 is also bullish, accentuated by the Awesome Oscillator (AO) indicator, which remains well above average levels.

Dog hat priceDog hat price

TradingView: WIF/USDT 8-hour chart

Reverse case

On the other hand, increased buying pressure could push Dogwifhat’s price lower. A slip below the channel centerline could lead to more sell orders. This could lead to WIF price testing the centerline of the Bollinger indicator at $3.7121. A decisive candlestick closing below this level would mark a break from the mid-March highs around $3.5672.

The bears could restore the market around this level, which would push the Dogwifhat price lower. Meanwhile, investors are flocking to Smog, a Solana meme coin that will soon be listed on a centralized exchange for the first time. While Dogwifhat price struggles to maintain its bullish outlook, consider diversifying into Smog. The project is currently offering a 10% discount for early participants in the project, as analysts say this could be 100x at launch.

Promising alternative to Dogwifhat

Smog is Solana’s latest meme coin and analysts say it will benefit from its dragon theme, which is likely to appeal to Asian investors. This falls in the midst of the ongoing Lunar Year of the Dragon. The premise is based on their shared dragon theme. The token will emerge as one of the most talked about meme coins in 2024 after a debut on Jupiter DEX.

Smog promises to be the mother of all air droplets. The project aims to surpass even the historic $700 million airdrop of Solana’s JUP. For this purpose, the project has reserved 35% of the total token supply (1.4 billion tokens) for this purpose. Participants in Smog projects can collect airdrop points by participating in a campaign on Zealy.

Smog meme coin is a newcomer to the meme coin market, operating on the Solana blockchain, and has already entered the ranks of the top 25 meme coins by market capitalization. The SMOG airdrop campaign is quickly approaching key milestone goals for community growth and participation.

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At the moment you can buy and deploy Smog with a 10% discount. But hurry to grab the deal before it expires.

Smog storms to CEX with new airdrop

SMOG will be listed on a centralized exchange (CEX) “very soon”. latest announcement on social media by the token’s leaders. Based on the announcement, the listing will be a milestone, with project leaders urging #Dragons (the pet name for residents of the $SMOG military) to “get ready for the first $SMOG Exchange Listing coming very soon.”

SMOG CEXSMOG CEX

Visit and purchase Smog here.

Also read:

Smog (SMOG) – Meme coin with rewards

Smog tokenSmog token
  • Airdrop season one now live
  • Earn XP to qualify for a share of $1 million
  • Featured on Cointelegraph
  • Staking Rewards – 42% APY
  • 10% OTC Discount – smogtoken.com

Smog tokenSmog token


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