The cryptocurrency market continues to evolve with dynamic price movements, and dogwifhat (WIF) has emerged as one of the more talked-about digital assets in 2025. Trading at $0.81107, WIF has seen a notable decline of −8.50% over the past 24 hours, reflecting broader market sentiment and asset-specific volatility. This article provides a comprehensive overview of WIF’s current performance, technical indicators, market statistics, and strategic insights for traders and investors.
Market Overview: Key Statistics
Understanding the fundamental metrics behind any cryptocurrency is essential for informed decision-making. Here are the core data points for WIFUSD as of the latest update:
- Current Price: $0.81107
- 24-Hour Change: −8.50%
- Market Capitalization: $810.13 million
- Fully Diluted Market Cap: Reflects total value if maximum supply were in circulation
- 24-Hour Trading Volume: $261.73 million
- Circulating Supply: 998.84 million WIF tokens
- Max Supply: Capped at 998.84 million — no further issuance planned
These figures position dogwifhat within the mid-tier range of cryptocurrencies by market cap, indicating a relatively stable supply model due to its hard cap.
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Historical Performance and Price Trends
Looking beyond short-term fluctuations, it's crucial to assess dogwifhat’s long-term trajectory:
- 7-Day Change: −4.46%
- 30-Day Change: −6.85%
- Yearly Change (1-Year): −64.22%
Dogwifhat reached its all-time high of $4.85713 on March 31, 2024, marking a significant peak during the meme coin surge. Since then, the asset has undergone a substantial correction, aligning with broader crypto market trends and investor rotation toward more fundamentally backed projects.
Despite the drop, consistent trading volume suggests ongoing interest from speculative traders and community-driven investors who monitor social sentiment and chart patterns closely.
Technical Analysis: Indicators and Signals
Technical analysis plays a vital role in navigating volatile assets like WIF. Multiple indicators provide insight into potential future price direction.
Oscillators: Neutral Sentiment
Current oscillator readings — including RSI, Stochastic, and Williams %R — indicate a neutral market stance. There is no strong momentum in either buying or selling pressure at this moment, suggesting consolidation may be underway.
While short-term signals fluctuate between "sell now" and "buy now," the overall consensus leans cautiously bearish.
Moving Averages: Bearish Outlook
Moving averages are widely used to identify trend direction. For WIF:
- Short-term (e.g., MA 5–20): Below price action — bearish
- Long-term (e.g., MA 50–200): Price trading below — confirms downtrend
The combined reading across timeframes shows a neutral-to-sell signal, reinforcing the idea that upward momentum remains weak.
Summary: Technical Consensus
Across major technical systems — oscillators, moving averages, and composite indicators — the summary rating remains neutral, but with a bias toward sell signals across daily, weekly, and monthly evaluations.
This implies that while immediate crashes aren't forecasted, sustained recovery is unlikely without strong catalysts such as exchange listings, partnerships, or viral community campaigns.
Related Cryptocurrencies and Market Context
Dogwifhat exists within a broader ecosystem of meme-inspired and community-driven tokens. To better understand its positioning, consider comparing WIF with similar assets like:
- Dogecoin (DOGE)
- Shiba Inu (SHIB)
- Pepe (PEPE)
- Bonk (BONK)
Tracking these coins using tools like crypto heatmaps helps visualize relative performance and sector-wide momentum shifts. Currently, many meme coins are experiencing downward pressure, influenced by reduced retail activity and macroeconomic factors such as interest rate expectations and risk-off investor behavior.
👉 Compare WIFUSD against top-performing cryptos using interactive heatmap analytics.
Frequently Asked Questions (FAQ)
What is the current price of dogwifhat (WIF)?
As of now, dogwifhat (WIF) trades at $0.81107 USD, down −8.50% in the last 24 hours. Prices fluctuate based on supply-demand dynamics, trading volume, and broader market sentiment.
What is the all-time high for WIF?
WIF reached its highest price of $4.85713 on March 31, 2024, driven by social media hype and increased speculative trading. The current price reflects a significant retracement from that peak.
Is dogwifhat a good investment?
Investing in meme coins like WIF carries high risk due to extreme volatility and lack of intrinsic utility. While some traders profit from short-term swings, long-term value depends heavily on community engagement and adoption. Always conduct thorough research before investing.
What is the max supply of WIF?
Dogwifhat has a fixed maximum supply of 998.84 million tokens, matching its circulating supply. This means no new tokens will be minted, creating a deflationary-like structure once distribution is complete.
Where can I trade WIF safely?
The safest way to trade WIF is through reputable cryptocurrency exchanges that support secure transactions and strong regulatory compliance. You can also analyze WIFUSD charts directly on platforms that integrate broker connectivity for seamless execution.
How does technical analysis influence WIF trading?
Technical analysis helps traders identify potential entry and exit points by studying price patterns, volume, and indicator signals. For WIF, most technical models currently suggest caution, with sell signals dominating across weekly and monthly timeframes.
Strategic Insights for Traders
Given the current neutral-to-bearish technical landscape, traders should consider the following strategies:
- Wait for Confirmation: Avoid entering positions until clear reversal patterns emerge (e.g., bullish engulfing, RSI divergence).
- Use Stop-Loss Orders: Protect capital by setting automatic sell orders below key support levels.
- Monitor Social Sentiment: Meme coins often react strongly to trends on X (formerly Twitter), Reddit, and crypto forums.
- Diversify Exposure: Don’t allocate excessive funds to highly speculative assets like WIF without balancing with more stable holdings.
Additionally, leveraging advanced charting tools can help detect early breakouts or breakdowns before they become widely recognized.
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Final Thoughts
Dogwifhat (WIF) remains a speculative asset with passionate community backing but limited fundamental drivers. While its capped supply adds scarcity appeal, persistent downward price action since early 2024 suggests weakening momentum.
Traders should remain cautious, rely on technical confirmation, and stay updated with market news and on-chain data. Whether you're looking to scalp short-term moves or assess longer-term potential, integrating multiple analytical methods will improve decision accuracy.
As always in crypto, risk management is paramount — never invest more than you can afford to lose, especially in high-volatility sectors like meme coins.