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A widely followed cryptocurrency analyst and trader is predicting a massive rally for one large-cap memecoin. Pseudonymous crypto strategist Bluntz tells his 267,900 followers on social media platform X that meme asset dogwifhat (WIF) could soar more than 495% from the current value. “$10 next, it’s inevitable.” The analyst relies on the Elliott Wave theory, which states that a bullish asset tends to go through a five-wave rally after completing an ABC corrective move. With WIF having dropped down to $1.11 this week, Bluntz believes that WIF’s ABC correction is likely over and the memecoin is ready to ignite a massive upside move. “Safe bet in my opinion is to wait for the reclaim of $1.60 on a daily closing basis which would be confirmation of a low being in.” Source: Bluntz/X WIF is trading for $1.68 at time of writing, up 6% in the last 24 hours. Next up, the analyst says that smart contract platform Solana (SOL) may ha...

Dogwifhat (WIF) is currently the second-best performing cryptocurrency in the weekly charts, behind only Shiba Inu (SHIB). The five best-performing cryptocurrencies over the last week are memecoins. WIF is currently up by 28.4% in the daily charts, 200.9% in the weekly charts, 431.3% in the 14-day charts, and more than 786% over the previous month. Source: CoinGecko Also Read: Can Dogwifhat (WIF) Hit $5 in March 2024? According to CryptoNews, Dogwifhat (WIF) could hit a maximum price of $5.25 this year, a rise of about 173.4% from current levels. However, the platform does not clarify which month WIF could breach the $5 mark. Furthermore, CryptoNews anticipates WIF to reach a maximum price of $7.25 in 2025. Hitting $7.25 from current levels would translate to a growth of about 277.6%. Dogwifhat (WIF) price prediction for March 2024 Dog WIF hat ( WIF ) hit an all-time high of $1.92 earlier today, rallying 6% in the hourly chart. According to CoinCodex, WIF ’s...