Dogwifhat price prediction: Can it hit $10 in 2024? (2024)

The rise of Dogwifhat (WIF) has taken the market by storm this year, capturing the attention of pretty much everyone involved in crypto.

With the hype around this dog-themed token showing no signs of abating, speculation is rife about whether WIF can hit the $10 mark by the end of 2024.

The rise of WIF: A memorable meme coin story
Dogwifhat has been one of the most talked about meme coins in recent months.

Based on the viral meme of a Shiba Inu dog wearing a pink hat, this Solana-based token has turned heads.

Launched back in November 2023, WIF has a total supply of nearly 999 million tokens.

Despite having no utility, Dogwifhat quickly created a passionate community thanks to its playful branding and Solana basis.

This helped fuel an incredible price rise by March this year, with WIF hitting an all-time high of $4.85

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This gave WIF a market cap of over $4.8 billion at the time.

WIF even overtook top meme coins like Pepe (PEPE) and Bonk (BONK) to become the third-largest by total value.

The self-proclaimed “doge-hat army” on social media is one of Dogwifhat’s main driving forces.

By crowdfunding flashy marketing stunts, like putting WIF’s logo on the Las Vegas Sphere, this passionate community has been vital to the token’s continued popularity.

And with this popularity showing no signs of going away, many believe Dogwifhat is just getting started.

Is the $10 dream realistic for Dogwifhat?
Dogwifhat is currently trading around $3.30, which means reaching the $10 target would require a 203% surge from current levels.
For a meme coin with a circulating supply of almost 999 million tokens, a $10 valuation would also translate to a jaw-dropping $9.99 billion market cap.
To put that in perspective, it would make WIF the 15th-largest cryptocurrency globally. While not impossible in the world of meme coins, such a rise presents a clear challenge.

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Dogwifhat would need to evolve beyond being just an entertaining joke token by developing a clear use case.
This would help attract more serious investors beyond the “degen” community.
Barring that, Dogwifhat’s $10 dream likely hinges on another meme coin bull run, similar to the speculative frenzy earlier this year.
An endorsem*nt from an influential figure like Elon Musk could also work wonders.
Ultimately, WIF reaching $10 this year is an unlikely scenario—yet a rally to $7 is a much more realistic possibility.

Which other meme coins could experience a bull run in 2024?
While Dogwifhat remains in the spotlight, other meme coins are also drawing attention. One such coin that’s turning heads is Dogeverse (DOGEVERSE), which aims to combine memes with a multi-chain experience.

Dogeverse’s offers a unique cross-chain approach and raises over $13M in presale
What sets Dogeverse apart from other meme coins is its cross-chain approach. The DOGEVERSE token will be available simultaneously across Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base—a first for any meme coin.

Powered by bridging tech, holders can easily swap their tokens between these six chains with minimal fees.

For example, investors could purchase DOGEVERSE through the ongoing presale on Ethereum and then transfer those tokens to Solana later.

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This flexibility allows investors to tap into the opportunities present in different blockchain ecosystems.

Dogeverse’s team has also implemented a staking protocol where staking DOGEVERSE will yield passive rewards.
At the time of writing, staking yields are set at 73% per year, and over 22 million tokens have already been locked up.
With over $13 million raised in its presale so far, Dogeverse is emerging as a prime contender to replicate Dogwifhat’s explosive success.

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With the development team preparing for a DEX launch in the coming weeks, there’s only a narrow window for investors to buy in at the presale price.

All in all, Dogeverse looks to be more than just a meme coin—and once it hits the open market, the sky could be the limit.
Visit Dogeverse presale

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