{"id":134941,"date":"2024-08-05T17:00:30","date_gmt":"2024-08-05T14:00:30","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134941"},"modified":"2024-08-05T16:21:53","modified_gmt":"2024-08-05T13:21:53","slug":"dogwifhat-price-plunges-over-75-since-april-peak","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/dogwifhat-price-plunges-over-75-since-april-peak\/","title":{"rendered":"Dogwifhat Price Plunges over 75% Since April Peak"},"content":{"rendered":"<p>Once valued at nearly $5 in April, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/dogwifhat\/\">WIF<\/a><\/strong> has now dropped to around $1.15, marking a decline of more thand 75%.<\/p>\n<p>Crypto analyst CrediBull noted on August 4 that while WIF has reached its predicted low point, caution is still warranted. The coin formed a triple-top pattern\u2014a bearish signal\u2014leading to a break below key support levels, including the $2.37 mark.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$WIF<\/a> target hit \ud83c\udfaf<\/p>\n<p>That being said not interested in blind bidding here just because the minimum downside target has now been met. We could certainly go lower- would personally want to see a longer base form before even considering an entry considering the context on higher\u2026 <a href=\"https:\/\/t.co\/L2VheweSdG\" rel=\"nofollow\">https:\/\/t.co\/L2VheweSdG<\/a> <a href=\"https:\/\/t.co\/eZ0QTcM4fS\" rel=\"nofollow\">pic.twitter.com\/eZ0QTcM4fS<\/a><\/p>\n<p>\u2014 CrediBULL Crypto (@CredibleCrypto) <a href=\"https:\/\/twitter.com\/CredibleCrypto\/status\/1820148868220400073?ref_src=twsrc%5Etfw\" rel=\"nofollow\">August 4, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>This movement aligns with the anticipated downside, reaching a target of $1.477.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-134936\" href=\"https:\/\/cryptodnes.bg\/en\/fantom-crashes-to-new-lows-as-market-panic-sets-in\/\" title=\"Fantom Crashes to New Lows as Market Panic Sets In\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/fantom.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Fantom Crashes to New Lows as Market Panic Sets In<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Current sentiment around WIF is mixed. Although the lower price might attract some buyers, experts recommend waiting for more stability. Further declines are possible, and premature investments could lead to additional losses.<\/p>\n<p>On-chain data from TOBTC reveals a 28% drop in WIF\u2019s open interest since late July, now standing at $252.5 million. Traders are watching the $1.50 support level, with concerns about a possible retest amid ongoing market corrections.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogwifhat (WIF), a meme coin on the Solana network, has plunged significantly in price, mirroring the broader market downturn.<\/p>\n","protected":false},"author":3,"featured_media":108145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[424,108],"coin_category":[],"class_list":["post-134941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-crypto","tag-price"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dogwifhat Price Plunges over 75% Since April Peak<\/title>\n<meta name=\"description\" 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