Dogwifhat (WIF) is a meme token built on the Solana network. It uses the proof-of-history consensus agreement to facilitate the smooth functioning of the protocol under low transaction fees.
Dogwifhat, which was launched on November 20, 2023, has grown to become the third-largest meme coin in the market after Dogecoin and Shiba Inu. It has a vibrant community of users who spearhead its growth as a major player in the meme coin market.
This meme coin has grown substantially, over a short period of time, to carve a niche of its own.
What Is A WIF Token?
WIF is the native token of the Dogwifhat protocol. It is a Solana Program Library (SPL) token; they are the Solana version of ERC-20 tokens. WIF is purely a meme token and does not have any other utilities. But these tokens are fungible, programmable, efficient, and composable.
The current market status of WIF tokens can be understood from the following figures.
- Current Market Price: $2.98
- Market Capitalization: $2,981,410,366
- Fully Diluted Valuation: $2,981,524,334
- 24 Hour Trading Volume: $1,392,717,156
- Volume/Market Capitalization: 46.99%
- Circulating Supply: 998,905,956 WIF
- Total Supply: 998,905,956 WIF
- Maximum Supply: 998,926,392
Dogwifhat (WIF) Price Prediction (2024–2030)
The current market price of WIF tokens is $2.98. The short-term price prediction of WIF tokens for the period from May to December 2024, with their low, average, and high prices, is given in the table below.
Year | Low Price | Average Price | High Price |
May 2024 | $3.01 | $3.01 | $3.01 |
June 2024 | $2.67 | $3.14 | $6.37 |
July 2024 | $2.48 | $2.71 | $6.48 |
August 2024 | $2.50 | $4.56 | $6.52 |
September 2024 | $2.63 | $5.70 | $6.44 |
October 2024 | $2.57 | $4.87 | $6.60 |
November 2024 | $2.49 | $5.79 | $6.55 |
December 2024 | $2.67 | $3.73 | $6.52 |
The expected long-term price range of the WIF token, with its yearly low, yearly average, and yearly high prices for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030 is shown in the table below.
Year | Yearly Low | Yearly Average | Yearly High |
2024 | $2.69 | $6.40 | $6.60 |
2025 | $6.47 | $7.45 | $7.73 |
2026 | $8.88 | $10.77 | $10.98 |
2027 | $11.59 | $13.43 | $13.85 |
2028 | $11.59 | $13.43 | $13.85 |
2029 | $14.30 | $15.04 | $16.40 |
2030 | $20.33 | $21.96 | $22.60 |
Where and How to Buy WIF Tokens?
The WIF tokens are listed on the following centralized exchanges.
- Binance
- BlueBit
- LBank
- OKX
- CoinW
- Pionex
- WhiteBit
Follow these simple steps to buy WIF tokens in a hassle-free manner.
- Decide on a cryptocurrency exchange from where you intend to buy WIF tokens.
- Decide on a suitable payment method such as a crypto wallet, credit card, debit card, or bank transfer.
- Create an account on the crypto exchange by providing the required personal information.
- Link your selected payment method to the exchange.
- On the purchase page of the exchange select WIF token from the list. Make the payment using your selected payment method. Complete the transaction as per the instructions given on the page.
- Make sure that the purchased tokens have been credited to your account.
- Cryptocurrencies are prone to attack from online hackers and other fraudsters. Store the coins in a cold wallet or hardware wallet to avoid such mishaps.
Also, Read: Tips To Calculate The Crypto ROI
The Bottom Line: Is Dogwifhat (WIF) a Good Buy in 2024–2030?
The current price, predicted price rise, and the overall market performance of the WIF token vouches for its profitability as a cryptocurrency investment. The general sentiment of the coin, as per the technical analysis indicators, is neutral with 10 technical analysis indicators showing bullish trends and 8 technical analysis indicators showing bearish trends.
The final verdict is that Dogwifhat (WIF) is a good buy in the future. However, you should always be wary of the volatility of cryptocurrencies. Therefore, you are advised to take into consideration the market price, price history, and on-chain development activities of the token before finalizing investment decisions.