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Crypto Analyst Bluntz Capital has as soon as once more shared an optimistic story for the Solana-based meme coin. dogwiffhat (WIF). This follows the crypto token's current value surge, which noticed it rise to $1.70 on March 3.
WIF should toss at the very least two meme cash
Bluntz is talked about in an X (previously Twitter) Put up That WIF will toss up at the very least two meme cash which can be at the moment forward of it in market cap. WIF is the fifth largest meme coin by market cap, trailing solely Dogecoin (DOGE), Shiba Inu (SHIB)Pepe, and BONK.
within the subsequent Put upThe analyst indicated that WIF will reverse all three besides DOGE. He too replied Within the unfavourable when one in all his followers requested if WIF would overtake essentially the most outstanding meme coin, DOGE. Thus, Bluntz predicted that WIF would attain second place at most.
Apparently, WIF managed to reverse BONK simply hours after Bluntz made his assertion. WIF's acquire over BONK was as a result of former's rally over the weekend, which pushed its value to $1.70. Whereas BONK has reclaimed the fourth place, WIF's newest value improve exhibits what important heights the meme coin can attain. bull cycle,
Moreover, as Bluntz lately recommended, WIF flipping BONK could also be occurring quickly. x publish As soon as this corrective wave is full, WIF might rise to $2. Prior to now, the crypto analyst had appropriately predicted that WIF would rise above $1. On the time, he stated that the meme coin would go “turbo parabolic” if this occurred.
Value reaches $1.7 | Supply: WIFUSDT on Tradingview.com
Meme Coin Season: New Altcoin Season?
Whereas Bitcoin cooled off over the weekend, meme cash created their very own pattern, main a few of them to rally towards notable altcoins. particularly, pepe and bonk Rises above SEI, enters high 50 crypto tokens by market cap Bitcoin SV (BSV), WIF was additionally within the combine, turning into the 63rd largest crypto token by market cap.
Usually, altcoins are recognized to outperform Bitcoin each time Flagship Crypto Token Cools down or experiences enchancment. Nevertheless, this has not been the case lately, as meme cash have come to dominate each time Bitcoin faltered. A believable clarification is that liquidity flows instantly meme coin market At any time when issues are gradual within the broader crypto market.
The meme coin market has additionally gained momentum for the reason that final rally, and these crypto tokens are exhibiting that they’ll go head-to-head with different altcoins.
Featured picture from Solanafloor, chart from tradingview.com