Can Dogwifhat Flip Pepe? WIF Soars 22%

Meme coin bulls are back in full force, as the crypto market rallies behind Bitcoin’s historic surge above $111,000. One of this month’s biggest meme coin gainers is Dogwifhat (WIF). This Solana-based token recently sailed beyond the $1 mark after climbing nearly 170% over the last month. It also witnessed an impressive 22% push in the last 24 hours.

Macro conditions are now turning bullish, and heavyweights like Blackstone are pouring funds into Bitcoin ETFs. Moreover, meme-themed cryptos are once again outperforming conventional altcoins. The total meme coin market cap is now approaching $80 billion, supported by $17 billion in daily trading volume.

Bue-chip meme coins like Dogecoin and Shiba Inu have posted above-average gains. Other tokens, like WIF and Pudgy Penguins (PENGU), have also enjoyed impressive triple-digit runs in recent weeks. Dogwifhat’s latest push back above the $1 billion market cap level even has some commentators speculating whether WIF could soon begin competing with Pepe (PEPE).

Meanwhile, investor attention is shifting toward low-cap cryptos like MIND of Pepe (MIND). It is a new AI meme coin nearing the $10 million milestone in its presale.

Can WIF Dethrone PEPE as It Holds Strong Above $1?

Supported by the latest market-wide pump, WIF has reclaimed its critical $1 price level. It saw a whopping 280% rally from its multi-month lows on April 9. 

In the past day alone, WIF’s price spiked by around 22%. It briefly hit almost $1.2 before meeting resistance near its 200-day EMA (exponential moving average). Dogwifhat’s daily trading volume soared to $1.1 billion during this run. That indicates potential for more bullish volatility.

That’s why market commentators are now speculating about WIF’s potential to surge beyond its 200-day EMA resistance. A prominent cryptocurrency analysis account on X highlighted WIF’s breakout from a descending channel on its weekly chart. The expert described it as a positive reversal signal. 

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The analyst believes that if the bullish uptrend stays strong, the next targets would be $1.68, $2.71, and $4.04. However, many traders also watch other popular momentum-focused indicators like the RSI (Relative Strength Index) to detect upcoming trend reversals.

WIF’s daily RSI has been showing a bullish edge. It also remains below its moving average line, suggesting that buying pressure could soon cool down.

Despite the above technical points, the broader climate for meme coins is undeniably upbeat. The recent drop in US producer prices hints at cooling inflation. It is pushing traders toward risk assets like Bitcoin, altcoins, and meme tokens.

Even after its impressive gains, WIF remains roughly 76% below its all-time high. While still a far-fetched idea, there’s considerable room for Dogwifhat to overtake Pepe in terms of its market cap. WIF must hit a new peak to make that happen.

Traders are now looking to capitalize on the growing bullish momentum by backing early-stage meme-inspired projects like MIND of Pepe. It provides token holders with real-world advantages.

Is MIND of Pepe the Next Meme Coin to Explode? AI Presale Attracts Smart Investors

As more strategic buyers move toward futuristic crypto projects, MIND of Pepe (MIND) is on the verge of raising $10 million in presale funds. The project has been attracting even more whale money after its team rolled out a working prototype of their AI agent, which is specifically designed to navigate the cryptocurrency markets.

MIND of Pepe is primarily based around a self-evolving AI agent that can browse X and other social platforms for trending keywords, new token launches, and other early indicators of market buzz. This data will then be directly fed into a private dashboard for MIND token holders, helping them identify potential moonshot tokens and trading setups before their competitors catch on.

You can think of MIND of Pepe as a 24/7 research assistant that serves an exclusive community of dedicated crypto investors. The platform also plans to launch its MIND Terminal soon, enabling MIND holders to get deeper and real-time insights from MIND of Pepe’s AI agent.

MIND is priced at just $0.0037515, and early buyers have just over a week before the presale ends. You can also stake MIND tokens for a dynamic APY of up to 230% pa.

Visit MIND of Pepe Presale

One of the project’s most talked-about features is MIND of Pepe’s ability to autonomously deploy new tokens (and give MIND holders early sale access) if the AI detects favorable conditions. Whether you’re looking to consistently gain from new opportunities or simply deepen your understanding of crypto market dynamics, MIND of Pepe should help you stay one step ahead.