'Shiba Inu Killer' Dogwifhat Hat Makes A 11% Comeback: 'Hatted Dog Is Headed To $10,' Trader Touts
Portfolio Pulse from Khyathi Dalal
Dogwifhat (WIF) has made an 11% comeback, driven by bullish sentiment from prominent crypto traders and significant whale activity. The meme coin's performance contrasts with Dogecoin (DOGE) and Shiba Inu (SHIB), which saw a 2% drop over the past 24 hours.
May 22, 2024 | 7:05 pm
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NEGATIVE IMPACT
Dogecoin (DOGE) experienced a 2% drop over the past 24 hours, contrasting with the 11% gain in Dogwifhat (WIF).
The negative performance of DOGE in contrast to WIF's gains may indicate a shift in investor sentiment towards other meme coins.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Shiba Inu (SHIB) saw a 2% decline over the past 24 hours, while Dogwifhat (WIF) gained 11%.
The decline in SHIB's price amidst WIF's rise suggests a potential shift in market focus towards other meme coins.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50