Crypto News

Dogwifhat $WIF Witnesses Impressive Surge, Nearing All-Time High With Over 100% Gain

The recent upswing in the value of Dogwifhat $WIF echoes the prevailing optimism sweeping through the broader cryptocurrency market, particularly focusing on alternative coins (altcoins).

Among Solana-based tokens, Dogwifhat, a memecoin, stands out as the biggest beneficiary of this positive momentum, showcasing an impressive surge of 128% in the last 24 hours and currently holding a trading position at $0.28. Within this timeframe, $wif reached a peak at $0.316, coming within a few cents of establishing a new all-time high at $0.3312.

$WIF Notable Whale Movements To Watch

This notable increase also attracted significant attention from large investors, commonly known as whales, who actively accumulated $wif during this bullish phase. Lookonchain data reveals that one whale invested $225,797 to acquire 19.86 million $WIF at an average price of $0.01137. Presently, this whale holds 37.08 million $WIF, valued at $6.98 million, securing the position as the second-largest $WIF holder. Notably, the average acquisition cost for this whale stands at $0.2393.

In a separate move, another whale with the moniker “binance-insider.sol” expended 86,738.1 $SOL (equivalent to $8.65 million) to purchase 17.22 million $WIF a few hours ago. Intriguingly, this whale has referred to themselves as a “Binance insider,” suggesting a potential listing of $WIF on the Binance exchange.

The impressive surge and increased attention from significant players underscore Dogwifhat’s current prominence within the cryptocurrency market. The altcoin’s proximity to its all-time high reflects its responsiveness to market dynamics and investor sentiment.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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