Dogwifhat (WIF) Price Experiences a 10% Dip: A Sign of the End of the Bullish Era or a Healthy Correction?
Solana-based meme coin, Dogwifhat, experienced an impressive surge last month as the WIF price climbed to $4.75. This propelled it to become the third-largest meme coin in terms of market capitalization. However, the price of Dogwifhat is now encountering significant selling pressure, resulting in a decline of over 10% within the past 24 hours, settling at $3.53. Although it has managed to partially recover, currently trading at $3.9, investors are left wondering if this dip signifies the conclusion of a bullish period or if it is merely a necessary correction for the market.