Potential For $28 To $56 Price Surge Supporting the optimistic outlook, market expert “Enguin” on X highlights the case for holding WIF and considers it a major player in the crypto space, with a market capitalization surpassing coins like Hedera’s HBAR, ATOM, VET and Optimism’s OP token. Furthermore, the expert believes three key factors contributing to WIF’s significance are its increased stability, increased liquidity through multiple exchange listings, and a "well-established” mindshare acting as an autonomous marketing force.
Solana-based meme coin Dogwifhat (WIF) has seen a significant price and market capitalization surge over the past two weeks, recording a 68% increase in value during this period.WIF reached $2.81 on Monday, marking its highest monthly valuation. The token’s market cap has also experienced significant growth, nearly doubling in just one month from $1.5 billion to its current market cap of $2.8 billion.
However, crypto analyst CryptoSmith says a move above the ATH is only a matter of time. Related Reading: US Spot Ethereum ETFs Poised To Draw $1.2 Billion Monthly: Research Firm In a recent post on X (formerly Twitter), CryptoSmith forecasted a significant upward move for WIF in the coming months if the current uptrend persists, predicting that before the end of the year, specifically between October and November, WIF will achieve a market capitalization of $6 billion.
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