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Crypto Trader Affirms Dogwifhat Appears ‘Robust’ Amid an 8% Jump, While Dogecoin and Shiba Inu Decline

2 min read
Dogwifhat 'Looks Solid' Says Crypto Trader As Dog-Themed Crypto Surges 8% Even As Dogecoin, Shiba Inu Bleed

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        The cryptocurrency <strong>dogwifhat</strong>
        <span class="ticker" data-ticker="WIF/USD" data-exchange="CRYPTO" style="display:inline-block">WIF/USD</span>
        deviated from the downtrend seen in most memecoins by charting notable gains on Thursday.
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        <strong>Event Spotlight:</strong> Amidst a period of decline in the memecoin niche, <strong>dogwifhat</strong>, a digital token from the
        <strong>Solana</strong> blockchain ecosystem, identifiable with its Shiba Inu mascot adorned in a quaint peachy-hued yarn cap, saw its value increase by over 8% within the past 24 hours, touching a peak not observed in the past month.
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        This upsurge took place in a context where prominent memecoins like
        <strong>Dogecoin</strong>
        <span class="ticker" data-ticker="DOGE/USD" data-exchange="CRYPTO" style="display:inline-block">DOGE/USD</span>,
        <strong>Shiba Inu</strong>
        <span class="ticker" data-ticker="SHIB/USD" data-exchange="CRYPTO" style="display:inline-block">SHIB/USD</span>,
        and Pepe
        <span class="ticker" data-ticker="PEPE/USD" data-exchange="CRYPTO" style="display:inline-block">PEPE/USD</span>
        <a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/24/07/39853051/dogecoin-killer-shiba-inu-burn-rate-shoots-up-875-even-as-price-comes-under-pressure-after">were found suffering losses</a>
        at the moment. The accumulated market capitalization of memecoins has lessened by 4.21% within the span of a day.
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        Notably, WIF's ascendancy reinforces its weekly upturn to surpass 51%, marking it as the standout performance in the realm of cryptocurrency. With an astonishing climb of 1471 since the start of the year, the dog-inspired token is the frontrunner amongst memecoins with a valuation exceeding $1 billion.
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        <strong>You Might Want to See</strong>:
        <a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/24/06/39359780/dogecoin-shiba-inu-floki-are-dino-coins-says-trader-he-likes-these-3-other-meme-coins-as-b">
        </a>
        <a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/24/07/39852783/bitcoin-ethereum-dogecoin-fall-as-trumps-presidency-odds-dip-on-prediction-market-analyst-">
          <strong>Market Update: Bitcoin, Ethereum, Dogecoin Drop Amidst Changes in Predictive Political Markets - Analysts Signal Potential Market Dip Strategies</strong>
        </a>
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        <strong>Analyst Insights:</strong> A notable X crypto market analyst, known as <strong>HornHairs</strong>, has suggested that dogwifhat could experience further growth should it stabilize at the $2.20 mark, setting $3 as the upcoming milestone for the coin.
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        <strong>Current Trading Value:</strong> At the time this document was prepared, WIF was trading at $2.41, which indicates an 8.72% increase over the last 24 hours, in accordance with
        <a target="_blank" href="https://pro.benzinga.com/dashboard?_gl=1*380nj0*_ga*MTEyOTAyOTcxMy4xNzEzMzY0NTYy*_ga_V7ZK73W7N0*MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">
          data procured from Benzinga Pro
        </a>.
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        <strong>Up Next:</strong><em></em>
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        <em>Image courtesy of Shutterstock</em>
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#Dogwifhat #Solid #Crypto #Trader #DogThemed #Crypto #Surges #Dogecoin #Shiba #Inu #Bleed

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