As Bitcoin hovers near its all-time high of $73k, crypto investors are witnessing a green run, especially in meme coins, including Dogwifhat (WIF). 

Launched in November 2023, the WIF token has appreciated almost 170x in price and currently standing at $2.636, at the time of writing.

In this article, we’ll discuss the Dogwifhat price prediction by giving you its short and price forecasts, and explore whether this meme coin can continue its bullish run.

What is Dogwifhat?

Inspired by a viral meme featuring the Shiba Inu dog wearing a hat, the Dogwifhat cryptocurrency quickly gained popularity right after its launch in November 2023. With a starting price of only $0.0015, it took only 3 months for the WIF token to reach the $2 mark in March 2024 after its listing on the popular centralized exchange known as Binance. 

The founders of this dog-based meme coin remain anonymous, leaving the governance and the coin’s future in the hands of its holders. And like many other meme coins, a real utility of this coin is absent, however, it is the community support and viral marketing campaigns that have continued to make this token a huge success so far.

Dogwifhat crypto price prediction

What is a realistic projection for the Dogwifhat token? Let’s examine the WIF price prediction for 2024 and beyond.

Dogwifhat coin price prediction: short-term outlook

According to CoinCodex’s Dogwifhat price expectation for the near future, the token is projected to rise by 240%, possibly hitting a new all-time high of $8.71 by Nov. 30, 2024.

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Author: Hassan Shafiq