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Dogwifhat (WIF) Plummets Over 12% in Market Downturn, Eyes Rebound

Published 04/02/2024, 06:59 PM
Updated 04/02/2024, 07:15 PM
Dogwifhat (WIF) Plummets Over 12% in Market Downturn, Eyes Rebound

  • Dogwifhat (WIF) dropped 12.42% amidst a broader market decline of 5.85%.

  • WIF’s 218.18% 30-day surge contrasts with a recent 24-hour slump.

  • Technical indicators hint at a potential WIF rebound from an oversold state.

The cryptocurrency dogwifhat (WIF) has seen a notable decline, falling 12.42% to a current price of $3.85. This dip starkly mirrors the broader crypto market’s 5.85% decrease, indicating underperformance, particularly against the backdrop of the market’s overall movement. The coin also fell by 8.31% against Bitcoin (BTC), highlighting its bearish momentum within the day.

Despite the day’s losses, dogwifhat has been on an upward trajectory over recent weeks and months. Per CoinMarketCap’s data, it recorded a substantial 200.07% increase in the last 30 days and a 2167.87% price surge over the past year. Dogwifhat achieved its all-time high of $4.80 on March 31, 2024, highlighting its significant growth potential and market interest.

WIF/USD 24-Hour Chart (Source: CoinStats)

Despite the market’s overall positive sentiment, the WIF token has encountered a downturn in the last 24 hours. Opening at $4.41, the token briefly ascended to a dai…

The post Dogwifhat (WIF) Plummets Over 12% in Market Downturn, Eyes Rebound appeared first on Coin Edition.

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