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Cryptocurrency News Articles

BTFD Coin: The Best Meme Coin with 1000X Potential

Dec 16, 2024 at 03:00 pm

Remember the days when Dogwifhat (WIF) was just a meme coin that nobody took seriously? Fast forward, and it turned doubters into overnight millionaires.

BTFD Coin: The Best Meme Coin with 1000X Potential

Dogwifhat (WIF) began 2023 on a bullish note, surging over 62% in 30 days and 226% since launching. The coin, designed as a meme token on Solana, has traders buzzing with excitement as it continues to rally.

Launched on Solana in May 2022, Dogwifhat (WIF) is a meme coin aiming to bring fun and community spirit to crypto. With a total supply of 100 quadrillion tokens, WIF has gained attention for its lighthearted approach and impressive gains.

Kicking off 2023 at $3, Dogwifhat (WIF) rallied past the $5 mark on January 11. Surging to a high of $4.98, the coin showcased a 62% increase in 30 days. Countering the broader market downtrend, Dogwifhat (WIF) has traders keeping a close eye on its next move.

The meme token began 2023 trading at an average of $3 and hit a new all-time high on 7 January as 30 days of gains saw the coin rally from $3 to $4.98—surging past the $4 mark for the first time. The coin’s surge comes as traders navigate a market downturn following a 2022 bear market that saw many traders kicking themselves for missing out on meme coin rallies.

With Dogwifhat (WIF) surging over 62% in 30 days, early traders who bought the coin at its 2022 lows of $0.30 or even $1 might be left feeling short-changed by joining the rally at higher levels. However, traders joining the trend later might be celebrating 30 days of gains.

Concluding the week on a high note, Dogwifhat (WIF) saw 16 out of 30 trading days in the green, sparking optimism among traders. The Fear & Greed Index also showed extreme greed sentiment, reflecting traders’ bullish mood despite the market downturn.

News source:bitcoinist.com

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Other articles published on Dec 16, 2024