Trading in Virtual Assets involves significant risk, including the potential loss of your entire capital. None of our communications are intended to provide investment, legal, or financial advice, nor to induce you to trade in such instruments. You should assess your risk tolerance and seek independent expert financial advice before trading. You must ensure that your use of BitDelta’s services complies with all applicable laws and regulations, as further detailed in our Terms and Conditions. Please carefully review our Terms and Conditions, Risk Disclosure Statements, and Security and Privacy Policies to understand the risks involved and the limitations on our liability before using our services.
Version 8.0.20
WIF Secures Place As Third-Biggest Memecoin
Share Article
As the memecoin frenzy continues, Dogwifhat (WIF) became the third-largest memecoin by market capitalisation on March 29th, surpassing Pepe (PEPE).
The price of Dogwifhat hit a new all-time high of $4.64 on March 30 according to data from CoinMarketCap.
Following an over 87% weekly rally, WIF managed to become the third-largest memecoin with a $4.3 billion market cap, surpassing Pepe (which has a market cap of $3.4 billion).
This makes WIF the 31st-largest cryptocurrency.
Source: CoinMarketCap
The very first trigger for the WIF price rally came back in February end back when it was trading at $0.30.
Since then, there has been no looking back with the price gaining a staggering 2600% so far.
WIF emerges as strong performer with 2600% gains just over the past month.
The coin hit a new all-time high of $4.52.
It has outshined biggest rival BONK in the recent price rally.
WIF’s year-to-date growth surpasses that of other popular memecoins such as FLOKI.
Now comes the most asked question – is the WIF price rally set to continue?
Amid the staggering WIF price rally over the past week, the 7-day Relative Strength Index (RSI) has surged into the overbought zone between 70 and 100.
Did you know? The RSI gauges price momentum on a scale of 0 to 100.
A reading above 70 indicates that the asset may be overbought and potentially overvalued, which signals a possible impending pullback.
Conversely, an RSI below 30 suggest that the asset is undervalued, hinting at a potential rebound in the near future.
Some market analysts are predicting that the WIF price rally will continue further to $5. However, investors need to be cautious about a possible downward trend that may lead WIF to decline to $2.12. This highlights the importance of monitoring market signals and adapting your strategies accordingly. At time of writing, $WIF is trading at $4.3946.
Disclaimer: 2025. All rights reserved. This communication is for informational and educational purposes only and should not be construed as financial, investment, or legal advice. BitDelta does not guarantee the accuracy, completeness, or timeliness of the information provided. Trading in cryptocurrency markets involves substantial risk, including the potential loss of your entire investment. Users are advised to conduct their own research, exercise caution, and seek independent financial advice before making any trading decisions. BitDelta is not liable for any losses or damages arising from actions taken based on this communication.
