A trader who continues to build his following with timely altcoin calls believes one Solana (SOL)-based memecoin is gearing up for a massive upside move. Pseudonymous analyst Bluntz tells his 268,500 followers on the social media platform X that dogwifhat (WIF) looks to be setting up to break out from a falling wedge formation. The […]
The post Top Trader Predicts Massive Rally for Solana-Based Memecoin, Says Train About To Leave Station appeared first on The Daily Hodl.
Closely followed crypto analyst Altcoin Sherpa is calling for caution amid what he sees as bearish price action for Bitcoin (BTC). Altcoin Sherpa tells his 219,000 followers on the social media platform X that BTC is continuously printing bearish patterns on the daily chart. He shares a chart suggesting that BTC is forming a simple […]
The post Analyst Issues Bitcoin Warning, Says BTC Still in Bearish Structure Amid Euphoria Over Bounce Above $60,000 appeared first on The Daily Hodl.
A widely followed cryptocurrency analyst and trader is predicting a massive rally for one large-cap memecoin. Pseudonymous crypto strategist Bluntz tells his 267,900 followers on social media platform X that meme asset dogwifhat (WIF) could soar more than 495% from the current value. “$10 next, it’s inevitable.” The analyst relies on the Elliott Wave theory, […]
The post Top Crypto Trader Says 6x Rally for One Large-Cap Memecoin ‘Inevitable,’ Outlines Path Forward for Solana appeared first on The Daily Hodl.
WIF booked a double-digit rebound to outperform memecoins, Bitcoin and altcoins which remain in sell-off mode.
Dogwifhat (WIF), a Solana-based memecoin project, is up 13% in one day, reaching a high of $1.77 on Aug. 6. This is part of a prevailing rebound after WIF’s price dropped 63% from its $2.89 high two weeks ago.
Data from Cointelegraph Markets Pro and TradingView shows WIF rose from a low of $1.07 on Aug. 7, climbing 66% to an intraday high of $1.77 on Aug. 6.
In comparison, the total memecoin market capitalization is up 5.3%, despite most of the largest cryptocurrencies by market capitalization in this sector posting losses on Aug. 7, according to data from CoinMarketCap.
An unknown whale trader with a 100% positive track record has been aggressively buying Ethereum (ETH) for months, according to blockchain tracking firm Lookonchain. Lookonchain says one “smart money” whale with a perfect track record of closing trades in profit has accumulated nearly $70 million worth of ETH since late May. On-chain data shows the […]
The post Trader With 100% Accuracy Rate Accumulates Ethereum Amid Price Correction: Lookonchain appeared first on The Daily Hodl.
A widely followed cryptocurrency analyst believes one (DeFi) token in the Ethereum (ETH) ecosystem is setting up for a push to higher levels. The analyst pseudonymously known as Credible Crypto tells his 405,200 followers on the social media platform X that the native asset for the stablecoin-focused decentralized exchange Curve DAO (CRV) is “going so […]
The post Crypto Analyst Says Ethereum-Based Altcoin To Go Much Higher, Updates Outlook on Bitcoin and dogwifhat appeared first on The Daily Hodl.
Crypto traders claim that Dogwifhat will "likely retest" the critical support level as its price and open interest have both plummeted since July 27.
Solana-based memecoin Dogwifhat open interest (OI) has declined amid a broader price decline since July 27 with traders expecting a near-term retest of a critical support level.
On August 3, Dogwifhat (WIF) OI — which measures the total value of all outstanding or unsettled Dogwifhat futures contracts across exchanges — has fallen to $252.5 million, approximately 28% down from seven days prior on July 27, at $353.4 million, according to CoinGlass data.
WIF is currently trading at $1.67, down 35.48% since July 27, according to CoinMarketCap data. Several crypto traders expect Dogwifhat to retest the $1.50 level, which has recently been identified as a critical support level in recent times.
A widely followed analyst and trader is expressing bullish sentiment on Bitcoin (BTC) while offering his outlook on a memecoin built on the Solana (SOL) blockchain ecosystem. Starting with Bitcoin, the analyst pseudonymously known as Altcoin Sherpa tells his 219,000 followers on the social media platform X that Bitcoin is primed to reach a six-figure […]
The post Trader Says Bitcoin’s Path to $100,000 ‘Programmed,’ Updates Outlook on Memecoin That’s Up 18,000%+ Year-to-Date appeared first on The Daily Hodl.
A popular crypto analyst and trader thinks a trio of memecoins including Pepe (PEPE) are gearing up for big breakout rallies. Pseudonymous analyst Altcoin Sherpa tells his 219,100 followers on the social media platform X that Ethereum (ETH)-based altcoin PEPE and Solana (SOL)-based meme tokens dogwifhat (WIF) and Popcat (POPCAT) are threatening to take out their […]
The post Trader Says Three Memecoins Loading for Next Leg Up, Updates Forecast on Solana and Two Additional Altcoins appeared first on The Daily Hodl.
Memecoins in the Solana ecosystem continue to outperform the wider crypto market by generating double-digit weekly gains.
Memecoins in the Solana ecosystem have seen significant gains over the last seven days, outperforming the broader crypto market.
Data from CoinGecko reveals that the total market capitalization of memecoins on the Solana blockchain has significantly risen in the last seven days to rest at $9.2 billion on July 24.
Cat in Dogs World (MEW) posted the most weekly gains, rising 82% over the last seven days and 1.4% in the last 24 hours. Gigachad (GIGA) followed with double-digit gains of 45.5% over the last seven days and 9% over the last 24 hours.
