• Latest
  • Trending

WIF Surges 16% Amid Las Vegas Sphere Project Expectations

January 29, 2025
BitMart Discovery Officially Launches, Pioneering a New Era in Quality Asset Discovery

BitMart Discovery Officially Launches, Pioneering a New Era in Quality Asset Discovery

June 3, 2025
US Military Leadership Supports BTC Reserve: Sen. Lummis

US Military Leadership Supports BTC Reserve: Sen. Lummis

June 3, 2025
Pi Coin slumps amid renewed migration activity on Pi Network

Pi Coin slumps amid renewed migration activity on Pi Network

June 3, 2025
Musk Might Buy More Bitcoin After Congress Rant, XRP Advocate Says

Musk Might Buy More Bitcoin After Congress Rant, XRP Advocate Says

June 3, 2025
Kraken completes SOC 2 Type 2 compliance report, underscoring commitment to institutional security

Kraken completes SOC 2 Type 2 compliance report, underscoring commitment to institutional security

June 3, 2025
Slides as Bitcoin Buying Spree Plans Trigger Investor Caution

Surges 12%+ On Q125 Beat Despite Long-Term Underperformance

June 3, 2025
Trump’s Team ‘Knows Nothing’ About Apparent ‘$TRUMP Wallet’ Launch, Spokesperson Says

Trump’s Team ‘Knows Nothing’ About Apparent ‘$TRUMP Wallet’ Launch, Spokesperson Says

June 3, 2025
Bitcoin Bourbon? Heritage Distilling Drops 106.15-Proof Collector’s Bottle

Bitcoin Bourbon? Heritage Distilling Drops 106.15-Proof Collector’s Bottle

June 3, 2025
Crypto Analyst Says XRP Community Should Pay Attention To June 4-6, Here’s Why

Crypto Analyst Says XRP Community Should Pay Attention To June 4-6, Here’s Why

June 3, 2025
  • Privacy Policy
Tuesday, June 3, 2025
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Logo
No Result
View All Result
Home Crypto

WIF Surges 16% Amid Las Vegas Sphere Project Expectations

J_News by J_News
January 29, 2025
in Crypto, Top News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



Este artículo también está disponible en español.

On Wednesday, Dogwifhat (WIF) led the crypto market with a 16% surge to $1.37, becoming one of the best-performing cryptocurrencies in the last 24 hours. The token swam against the current as most of the top memecoins recorded red numbers, leading analysts to suggest a possible breakout for the token.

Related Reading

Las Vegas Sphere About To Be WIF Hat

Dogwifhat has recovered from yesterday’s drop below the $1 mark following its team’s tease of the long-awaited Las Vegas Sphere project. On Tuesday night, the official Dogwifhat X account shared a picture of its mascot in Las Vegas.

The image included the cute dog with the Las Vegas Sphere as its hat and an old Nokia phone with “01.2025” on its screen. Additionally, the account stated that the “hat stays on,” explaining that dates will be shared “as soon as we are allowed.”

Dogwifhat’s team teased the Las Vegas Sphere project. Source: Dogwifcoin on X

The bullish tease propelled the token back to its recently lost support of $1.30 and reignited the broader community’s interest in the memecoin.

WIF became the memecoin sensation of 2024, reaching an all-time high of $4.88 last March. The token also led the memecoin narrative during Q2 and recovered some of its early glory during the December pump.

However, WIF’s spotlight was eclipsed by the oversaturated memecoin sector and the rise of many other market sensations like PNUT and CHILL, dropping 40% in the last six months and 75% from its ATH.

During its 2,000% growth phase, many crypto investors put their hats on, which prompted a massive fundraising campaign to display the memecoin in the Las Vegas Sphere, the world’s largest LED screen, for a week.

The community raised $700,000 to achieve this dream but was left in the dark over the last several months. In July 2024, many investors expressed concern and frustration about the project after Crypto.com displayed Bitcoin’s logo on the Sphere.

Some community members questioned the project, calling the initiative an alleged scam. However, the organizer repeatedly assured the WIF community that they were working to make “wif on Sphere” happen soon.

Is the Dogwifhat Bottom In?

Crypto analyst Altcoin Sherpa shared his outlook on WIF’s recent performance. He suggested that the pump doesn’t seem “actually real/sustainable” based on the “overall chart/market conditions.”

However, he considers that if Dogwifhat shows some consolidation above the $1.23 mark, it could see another leg up. Meanwhile, crypto trader Bluntz stated that its current levels could potentially be WIF’s bottom.

According to the post, “the major A wave has now been swept” and there are some “nice signs of life forming” in the lower timeframes despite the retrace lasting longer than he anticipated.

The trader previously forecasted an “inevitable” fall to the $1 range, arguing that WIF was headed for a large retrace before the next parabolic run, which could lead to a new ATH.

Related Reading

After the recent performance, Bluntz warned that it is a “very early day, and we haven’t seen a 5-wave rise from the lows ‘yet’, but I think there’s a decent chance one has begun to form.”

Another market watcher also pointed out a one-month falling wedge pattern on WIF’s chart, which targets $1.90 at a “minimum and quickly” if the memecoin breaks out of the upper downtrend line at around $1.40.

As of this writing, dogwifhat trades at $1.21, a 14.4% surge in the daily timeframe.

WIF, WIFUSDT, dogwifhat
Dogwifhat’s performance in the one-week chart. Source: WIFUSDT on TradingView

Featured Image from X.com, Chart from TradingView.com



Source link

Related articles

BitMart Discovery Officially Launches, Pioneering a New Era in Quality Asset Discovery

BitMart Discovery Officially Launches, Pioneering a New Era in Quality Asset Discovery

June 3, 2025
US Military Leadership Supports BTC Reserve: Sen. Lummis

US Military Leadership Supports BTC Reserve: Sen. Lummis

June 3, 2025
ShareTweetShareShare

Related Posts

BitMart Discovery Officially Launches, Pioneering a New Era in Quality Asset Discovery

BitMart Discovery Officially Launches, Pioneering a New Era in Quality Asset Discovery

by J_News
June 3, 2025
0

BitMart, the premium global digital asset trading platform, today announced the official launch of its innovative asset spotlight zone, BM...

US Military Leadership Supports BTC Reserve: Sen. Lummis

US Military Leadership Supports BTC Reserve: Sen. Lummis

by J_News
June 3, 2025
0

US Senator Cynthia Lummis has indicated that certain divisions within the American military are backing the idea of a national...

Pi Coin slumps amid renewed migration activity on Pi Network

Pi Coin slumps amid renewed migration activity on Pi Network

by J_News
June 3, 2025
0

Pi Network users are reporting second migration prompts amid unresolved KYC issues. 276M PI tokens are set to unlock in...

Musk Might Buy More Bitcoin After Congress Rant, XRP Advocate Says

Musk Might Buy More Bitcoin After Congress Rant, XRP Advocate Says

by J_News
June 3, 2025
0

Inflation might get worse Tesla's Bitcoin holdings  John Deaton, a prominent XRP advocate, has opined that Tesla, which is helmed by...

Kraken completes SOC 2 Type 2 compliance report, underscoring commitment to institutional security

Kraken completes SOC 2 Type 2 compliance report, underscoring commitment to institutional security

by J_News
June 3, 2025
0

Building and maintaining a high bar for security and compliance is fundamental to how we serve our clients’ needs. Today,...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Top 10 NFTs to Watch in 2025 for High-Return Investments

Top 10 NFT Games with the Biggest Earning Potential in 2025

8 Top Crypto Fundraising Ideas Best for Startups

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog