Dogwifhat (WIF) Poised for 3.5x Rally, Says Analyst as It Tops Dog Coin Rankings

Dogwifhat (WIF) is once again stealing the spotlight in the meme coin space. According to crypto analyst Cryptokartha, the token has officially broken out of its long-running downtrend and could be headed toward a massive rally — possibly hitting $2 in the coming days.

Crypto analyst Cryptokartha is highlighting a breakout on the Dogwifhat (WIF) price chart that could send the token toward $2.

That would be a 3.5x rally from current levels, quickly following a long downtrend that began in December 2024.

As shared on X, the breakout occurred from a descending parallel channel, which had been keeping the coin in a downtrend for several months.

On the daily chart, the breakout candle is long and clean, decisively pushing beyond the upper boundary of the channel — a classic bullish indicator.

This kind of breakout typically signals a reversal or a major shift in market sentiment. And it’s not just about the price line — although volume data wasn’t displayed, the size and shape of the candle suggest strong momentum behind the move.

This could be the start of something big. In fact, the chart accompanying their tweet projects a target near $2 — implying a potential upside of over 220% from current levels.

This aligns with the analyst’s tweet:

" $WIF looking good here, breakout has already confirmed — expecting move towards $2 in next couple of days."

Of course, this doesn’t mean WIF will moon overnight. Analysts often caution that breakout moves need volume confirmation and may pull back to test the breakout zone before continuing higher. But so far, the setup is clean, and the optimism from traders like Cryptokartha is hard to ignore.

Dogwifhat Tops Meme Coin Charts — Leads Dog-Themed Rally

While technicals show potential, price action tells its own story — and Dogwifhat is clearly winning the popularity contest among meme coins right now.

As highlighted by The Solana Post, WIF just recorded the biggest gain among the top 10 dog-themed meme coins, notching a whopping 30.2% jump in the last 24 hours. That’s more than any of its competitors, including household names like Dogecoin (DOGE) and Shiba Inu (SHIB).

" $WIF (@dogwifhat) records the biggest gain among the top 10 dog-themed memecoins!"

And the data fully backs that up. WIF is, at least for now, the leader of the meme coin pack.

Yet none could outpace WIF. And this isn’t just a spike in price — WIF’s market cap now sits at around $551 million, suggesting that interest in Dogwifhat isn’t just speculative, but growing in terms of valuation and volume too.

In context, The Solana Post said:

" $WIF (@dogwifhat) is displaying impressive gains among the top 10 dog-themed memecoins. The Solana Post

Despite a slight pullback, Dogwifhat (WIF) is still making headlines for its impressive price performance. After a strong rally that saw it gain over 390% in the last seven days, the meme coin is now encountering some resistance as sellers step in following the token’s rapid ascent.

Over the past 24 hours, Dogwifhat has dropped around 10%, setting it apart from other meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), which experienced smaller declines of less than 1%.

Among the top 10 dog-themed meme coins, WIF is showing the biggest loss with a 24-hour price drop of 10.67%. Nonetheless, it’s still displaying a remarkable performance with a 30.2% gain over the past 24 hours.

Among the top 10 dog-themed memecoins

After a seven-day rally of more than 390%, Dogwifhat (WIF) is encountering some resistance as sellers step in following the token’s rapid ascent. In the past 24 hours, Dogwifhat has dropped 9.43%, setting it apart from other meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), which experienced smaller declines of less than 1%.

Among the top 10 dog-themed meme coins, WIF is showing the biggest loss with a 24-hour price drop of 10.67%. Nonetheless, it’s still displaying remarkable performance with a 30.2% gain over the past 24 hours.

At the time of writing, WIF is changing hands at $0.4778 and has lost 9.43% in the last 24 hours.

Among the top 10 dog-themed memecoins

The Solana Post