Prix de HAMSTER WIF HATWIF

Digital asset whales have picked up huge Dogecoin (DOGE) holdings amid the ongoing price correction. Meme coins like DOGE, Shiba Inu (SHIB), and Dogwifhat (WIF) recorded outflows in the last seven days, but mid-week numbers show signs of a reversal. The wider crypto market traded sideways after sentiments plunged in reaction to U.S. macro tensions. Whales Take Huge DOGE Positions This week, crypto whales have capitalized on the crypto downturn to accumulate meme coins. On-chain data shows traders acquired 750 million DOGE tokens, which shows strong signs of a possible reversal. This has been re-echoed by market analysts pointing to on-chain and price charts backing an uptick. The leading meme coin stands at the fore due to the Elon Musk effect, amongst others. Crypto repositioning is normal during dips as retail clients exit the market for larger holders. DOGE whales dominate the market, shaping the wider direction of these assets. Recently, DOGE whales have intensified buying pressure in a bid to recover losses ahead of the coming altcoin season. In the same period, traders moved assets off exchanges to other custodians. Despite recording double-digit price falls, meme coins are known to outpace the wider sentiments due to high volatility. This week, Canadian blockchain company Neptune Digital Assets purchased 1 million DOGE worth approximately $270,000 as part of its pro-crypto efforts. This comes after Spirit Blockchain brought DOGE to its holdings, marking a rise in institutional investment in the meme coin. Neptune Digital Assets increased its Bitcoin portfolio by $2 million currently holding 376 BTC worth approximately $37 million in the asset. Growing institutional interests in Bitcoin have a ripple effect on meme coins. DOGE To Ignite Altcoins At the time of writing, DOGE trades at $0.2491, down 5% today along the lines of other meme coins. The asset’s weekly losses are over 20%, flagged as a good entry point for most traders ahead of anticipated gains. Dogecoin’s projected gains can fuel inflows to other coins as part of a wider cycle high. For more traders, momentum lies in the approval of a spot Dogecoin ETF expanding its reach to more investors. Like Bitcoin products, these funds are expected to lead a new horizon as bulls set sights on $1. Furthermore, traction from positive US legislation and Elon Musk’s lead Department of Government Efficiency (DOGE) are expected to build positive sentiments for several market participants.

dogwifhat [WIF] has fallen off a cliff on the price charts. In January, WIF was trading around $1.5, the base of a range that it had previously traded within in September. The rally in November was fully retraced by the 22nd of December, and southward Fibonacci extension levels were the next targets. At press time, WIF was trading below the prices from March 2024. The $0.35 region, which had been significant last February, could be the next target. dogwifhat RSI oversold, but don’t count on a recovery.$WIF

$SATS $WIF $BOME

dogwifhat [WIF] has fallen off a cliff on the price charts. In January, WIF was trading around $1.5, the base of a range that it had previously traded within in September. The rally in November was fully retraced by the 22nd of December, and southward Fibonacci extension levels were the next targets. At press time, WIF was trading below the prices from March 2024. The $0.35 region, which had been significant last February, could be the next target. dogwifhat RSI oversold, but don’t count on a recovery.$WIF

$WIF - price analysis: 👀💡 Very bearish chart, but Highly oversell area! I see a possible double bottom around the 0.650$ zone. I also noticed a Bull div RSI [H4] & a possible bull reversal pattern forming 📈 I'll try a long position if we can retest the 0.670 - 0.680$ local support!  We could easely see a FOMO retracement from this zone, but at the moment for some reason prices remain very bearish. So keep lower entry for long position! (dont enter at trend resistance)!  Stop loss & invalidation below the 0.630$ point ⚠️ Anyone know why prices dumped like that??  Any bad news?