On Wednesday, Dudfifhat (WIF) led the cryptocurrency market with a 16% escalate to USD 1.37, becoming one of the best productive cryptocurrencies in the last 24 hours. The token sailed for electricity because most of the best memecoins recorded red numbers, leading analysts to suggest a possible breakage of the token.

Las Vegas sphere, which is to be a hat

Dogwifhat recovered after yesterday’s inheritance below USD 1 to the irritations of the long -awaited Las Vegas Sphere project. On Tuesday evening, the official Dudfifhat X account released a photo of its mascot in Las Vegas.

The picture included a charming dog with a Las Vegas ball as a hat and an elderly Nokia phone with “01.2025” on the screen. In addition, the account stated that “the hat is turned on”, explaining that the dates will be made available “as soon as we are allowed”.

The stubborn tension prompted the token back to recently lost support in the amount of USD 1.30 and aroused a wider community of Memecoin’s interest.

WIF became a sensation of Memecoin from 2024, reaching the highest level of USD $ 4.88 in March last year. The token also led the narrative of Memecoin in Q2 and regained part of her early glory during the December pump.

However, the WIF headlight lithe has been overshadowed by the saturated memecoin sector and an escalate in many other market sensations, such as PNUT and Chill, falling by 40% in the last six months and 75% from ATH.

In the growth phase by 2000% of many cryptographic investors put hats, which caused a huge campaign to raise funds to show memecoin in the sphere of Las Vegas, the world’s largest LED screen for a week.

The community has collected $ 700,000 to make this dream come true, but in the last few months it remained in the gloomy. In July 2024, many investors expressed concern and frustration of the project after Crypto.com displayed the Bitcoin logo on the sphere.

Some members of the community questioned the project, calling the initiative an alleged fraud. However, the organizer has repeatedly assured the WIF community that they are working on making “WIF on the sphere” soon.

Is Dogwifhat downstairs?

Altcoin Sherpa cryptographic analyst common His prospects for a recent WIF performance. He suggested that the pump did not seem “in fact true/balanced” based on “general chart/market conditions”.

He believes, however, that if he downsurate the consolidation above the 1,23 USD mark, he can see another leg. Meanwhile Crypto Trader Bluntz It was found that his current levels can potentially be the WIF bottom.

According to the post “Major and Wave has now been sweeping”, in the lower time frames there are some “nice signs of life”, despite the return lasting longer than he expected.

The trader had previously forecasted a “inevitable” decline to a range of USD 1, arguing that WIF faced a huge retrace before the next parabolic run, which can lead to a novel ATH.

After a recent performance, Bluntz warned that it was “very early, and we haven’t seen 5-fans yet from the falls” still “, but I think there is a decent opportunity that began to create.”

Another market observer pointed On the WIF chart, which comes out for a monthly decrease in the wedge, which aims at $ 1.90 at a “minimum and fast” if Memecoin Wyrwa from the upper relegation line of around USD 1.40.

Ojerfifhat trades from $ 1.21 from this magazine, which is a 14.4% escalate over time.

A distinguished picture from X.com, chart from tradingview.com