Dogwifhat To Hit $10, Arthur Hayes Predicts As WIF Price Rallies 40%

The crypto market is once again buzzing with excitement as the Solana-based meme coin, dogwifhat (WIF) price surged over 40%, breaching the $3 mark for the first time. This remarkable rally signals renewed confidence among investors in the meme coin space, particularly within the Solana ecosystem.

On the other hand, BitMEX co-founder Arthur Hayes has further fuelled discussions in the meme coin space with his bold prediction of WIF hitting $10. Now the market participants are keeping a close watch on the dogwifhat price for a potential rally.

Arthur Hayes Predicts WIF Price To Hit $10

The dogiwifhat (WIF) price rallied over 40% today, gaining attention from the crypto market enthusiasts. In addition, it also flipped FLOKI to secure the 4th position in the meme coin segment by market capitalization.

Meanwhile, BitMEX co-founder Arthur Hayes has further bolstered the confidence of investors with his recent prediction regarding the price trajectory of dogwifhat (WIF). Hayes, known for his bold market forecasts, recently shared a chart of WIF’s price on the X platform, expressing his confidence in its potential.

In his post on the social media platform, Hayes showed a bullish outlook for the WIF price to hit $10. Notably, this statement has ignited discussions and speculation about the possibility of WIF price’s potential rally amid a meme coin buzz.

Meanwhile, this is not the first time that Arthur Hayes has provided a bullish outlook for WIF price. Notably, Hayes had previously predicted a surge in WIF’s price to $2, a forecast that materialized on March 6 when WIF surpassed the $2 mark amid a frenzy surrounding meme coins. The Solana-based traded at around $1.2 when Arthur Hayes had previously predicted the rally to $2.

Notably, his consistent bullish outlook on WIF has garnered attention from investors, who are closely monitoring the coin’s price movements amidst the ongoing rally. With Hayes’ latest prediction fueling optimism, the meme coin segment, particularly dogwifhat, remains an area of keen interest within the broader crypto market.

Also Read: Elon Musk Eyes To Open Dogecoin (DOGE) Payments For Tesla Cars

Price Rallies As Solana’s Surge Bolsters Confidence

The rally in dogwifhat price comes at a time when the Solana blockchain is experiencing a significant uptick, with SOL price surging by over 11% and nearing the $170 mark. This upward momentum in Solana’s price reflects growing confidence among investors in the blockchain’s capabilities and potential applications.

Solana Price Chart

As Solana continues to attract attention and investment, meme coins built on its platform, such as dogwifhat, stand to benefit from the positive sentiment surrounding the ecosystem. The synergy between Solana’s performance and the rally in WIF’s price underscores the interconnected nature of the crypto market and highlights the impact of broader trends on specific assets.

Meanwhile, as of writing, the dogwifhat price traded at $3.24, up 44.82% over the last 24 hours, while its trading volume rocketed 109% to $801.64 million. The Solana-based meme coin has added nearly 90% in the last seven days, along with a monthly surge of around 760%.

dogwifhat (WIF) Price Chart

Notably, the surge in WIF price also coincides with a rally in the broader meme coin segment. The meme coin sector’s market cap soared 7.12% over the last 24 hours to $65.44 billion, fuelled by a rally in Dogecoin, Shiba Inu, Pepe Coin, FLOKI, and other cryptos’ prices.

Also Read: BlackRock Bitcoin Holdings At Par With MicroStrategy, 500 Days of Bitcoin Bull Run Loading

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