WIF surged over 13% and is currently trading at $1.24.
Its daily trading volume has jumped by more than 157%.
With the brief spike in the crypto market, the assets have exhibited mixed sentiment. The assets, like Bitcoin (BTC) and Ethereum (ETH), are trading at $118.3K and $3.7K, respectively. Meanwhile, the meme coin market cap has surged by over 8.6%, settling at $89.8 billion. The assets opened the day on a bullish note.
Notably, the Solana-based meme coin dogwifhat (WIF) has recorded a gain of over 13.90% in the 24 hours. If WIF could break its series of crucial resistance levels, the price may move up, potentially hitting $2. With the solid surge, the meme coin has chosen a bullish rally for the day.
The asset opened the day trading at its bottom range of $1.08. A sudden bullish shift in the WIF market has pushed the price to climb toward a peak of $1.29, after breaking the resistance between the $1.09 and $1.28 zones. According to CMC data, at press time, WIF
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