📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Dogwifhat (WIF) Price Surges Amidst Meme Coin Market Rebound, Pullback Risks Loom
WIF's Impressive Price Performance
Dogwifhat (WIF) has recently experienced a significant surge in value. The price of WIF has jumped by 60% over the past week and 21% in the last 24 hours. This impressive performance has contributed to the broader resurgence of the meme coin market. Currently, Dogwifhat (WIF) is priced at $0.6714, with a substantial 24-hour trading volume of $516,498,184.
Meme Coin Market Rebound
The overall meme coin market has seen a rebound, with its total market capitalization increasing by 3.4% to $59.9 billion. This increased activity is also reflected in the derivatives market, where open interest has surged by approximately 30% to $301 million, and trading volume has exceeded $1.06 billion. Dogwifhat's market capitalization stands at $668,292,752, ranking it at #124 on CoinGecko.
Technical Indicators and Potential Pullback
While the market shows strong momentum, certain technical indicators suggest a potential pullback. The 14-day Relative Strength Index (RSI) has entered overbought territory, indicating that the asset may be overvalued in the short term. A critical support level for WIF is identified at $0.334. A breach of this level could lead to a sharp decline.
Market Outlook and Risk Management
Dogwifhat (WIF) reached its all-time high of $4.83 on March 31, 2024, and its all-time low of $0.001555 on December 13, 2023. Given the stretched technical indicators, elevated leverage, and high trading volume in the meme coin sector, investors are advised to exercise prudent risk management.