Is DogWifHat (WIF) The “Most Bearish” Of All Major Meme Coins?

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Is DogWifHat (WIF) The “Most Bearish” Of All Major Meme Coins? - NewsBTC

Quick Summary:

From how the WIFUSDT chart is aligned, the token, the analyst claims, could be the “most bearish of all major meme coins.” Bulls Have A Chance If Bitcoin Recovers, DogWifHat Finds Resistance At $2 While there is optimism that WIF could bounce and benefit from the market-wide recovery, the current bearish structure damps optimism.

According to Coingecko, WIF is one of the top meme coins on Solana, commanding a market cap of over $1.5 billion and a slot in the top 5. Related Reading: POPCAT Jumps 20% As Whales Load Their Bags, Is A Cat Season’ Ahead?

Though Bitcoin is turning the corner, a development that can yank top altcoins like Solana and meme coins higher, one analyst is bearish on DogWifHat (WIF).