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Is DogWifHat Lifeless? Crypto Professional Tweets $1 Value Goal, New Meme Coin WienerAI Raises $1.4 Million

Last updated: May 10, 2024 08:45 EDT | 2 min read One influential trader believes DogWifHat will crash soon. A top crypto influencer on X believes the popular Solana meme coin DogWifHat ($WIF) could tumble all the way down to a dollar from its current price of $3.17.  In a recent tweet, Bluntz Capital (@Bluntz_Capital)

Is DogWifHat Lifeless? Crypto Professional Tweets $1 Value Goal, New Meme Coin WienerAI Raises $1.4 Million

Tim Hakki

Final up to date:

| 2 min learn

One influential dealer believes DogWifHat will crash quickly.

A high crypto influencer on X believes the favored Solana meme coin DogWifHat ($WIF) may tumble all the way in which right down to a greenback from its present worth of $3.17. 

In a current tweet, Bluntz Capital (@Bluntz_Capital) cautioned, “worth motion on this bounce during the last 3 weeks has been gradual, overlapping, and corrective trying.”

Bluntz additional argues that WIF’s present beneficial properties might be a short wobble earlier than the token crashes and bottoms out at a greenback. 

i believed the abc is perhaps completed on $WIF, however since that wick into $1.8 the following worth motion on this bounce during the last 3 weeks has been gradual, overlapping, and corrective trying.

am now leaning in direction of this transfer up being the (B) or (x) wave and a C wave right down to $1 nonetheless…

— Bluntz (@Bluntz_Capital) May 7, 2024

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Since Bluntz joined the ByBit copy trading platform a yr in the past, he has been ranked as one of the top influencers, that means he has constantly made cash for his followers.

Nonetheless, DogWifHat’s present worth efficiency doesn’t replicate a decline.

WIF is up 12% within the final 24 hours and 15% within the final week. It’s shifting broadly according to the remainder of the market, the place most main initiatives are up as we speak.

The undertaking with the second largest beneficial properties among the many high 5 meme cash by market capitalization is Pepe Coin.

PEPE rose 6.8% to alter fingers at $0.05862 as of this writing. Additionally it is up 13% within the final seven days. 

Each meme cash outdid market leaders Bitcoin ($BTC) and Ethereum ($ETH). Bitcoin, the world’s largest cryptocurrency, grew 3.5% in a single day to commerce at $63,176, whereas Ethereum added 2.2% to hit $3,037.

Just like the market leaders, WIF rallied all through March. Nevertheless, it diverged a bit of on the finish when the meme coin continued rallying strongly and truly rose to set a brand new all-time excessive of $4.83 on March 31. In the present day’s worth represents a 34.2% decline since then. 

Supply: TradingView

DogWifHat presently has a Relative Power Index (RSI) of 57. This has been climbing since midweek, indicating shopping for momentum. If it doesn’t cool off, buyers might properly see the start of the correction described by Bluntz. 

As DogWifHat Wobbles, Crypto’s First Buying and selling Companion, WienerAI, Raises $1.4 Million.

Bluntz’s prediction might show to be prophetic for WIF holders within the mid-term. Ought to the forex rebound from a greenback, which he implies, then there will probably be no injury completed. Nevertheless, meme cash spotlight the inherently unstable nature of crypto.

A brand new era of meme cash is cropping up although which convey bundles of utility together with laughs.

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One of many most interesting representatives of this new era of cash is WienerAI. $WAI is a model new meme token and AI companion that will yield some probably eye-watering rallies as soon as phrase will get out about its core providing.

How staking your $WAI feels.

— WienerAI (@WienerDogAI) May 9, 2024

The presale is just not even a month previous and it has already quietly taken in $1.4 million.

Touted as a “Revolutionary AI Buying and selling associate”, WienerAI ($WAI) is a digital companion that offers its homeowners user-friendly AI-enhanced buying and selling recommendation, seamless swap performance and 0 charges.

The WienerAI sensible contract was audited by Coinsult, a blockchain safety platform that conducts safety checks on numerous crypto and blockchain platforms. Round 20% of $WAI’s provide is for staking. WienerAI’s web site encourages 

consumers to stake throughout the presale, so as to make the most of the profitable yield, which is presently 660% APY. 

Keep on high of WienerAI information over on X and Telegram

Join the presale now over on the WienerAI website.

Disclaimer: Crypto is a high-risk asset class. This text is offered for informational functions and doesn’t represent funding recommendation. You can lose your entire capital.

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