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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.
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.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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