The bottom certainly appears to be in for Dogwifhat. The WIF price is up 35% over the past week and is now trading near $2.30.
More importantly for the bulls, top Bybit trader Bluntz (@Bluntz_Capital) has come out with an extremely bullish Dogwifhat price prediction, backing the Solana meme coin to reach $11 by November.
Meanwhile, a new Solana meme coin – Sealana (SEAL) – is also garnering significant attention ahead of its IEO, with some experts hinting at potential 100x returns.
Can The WIF Price Hit $11 By November?
Bluntz has been nothing less than a seer when it comes to Dogwifhat. He accurately called a local top for WIF on April 4th when it was trading near its all-time high. He then precisely called the local bottom as well on June 29th, when the meme coin was exchanging hands at $1.50.
Since then, Dogwifhat has rallied by nearly 50%. Now Bluntz believes that the top Solana meme coin will rally by nearly 400% to reach $11.
Bluntz has been using the Elliot wave theory for his accurate Dogwifhat price predictions.
The theory claims that equity prices move in waves or fractals – typically displaying 5 impulsive waves in the direction of the overall trend followed by 3 corrective waves in the opposite direction.
With the three corrective waves now in for WIF, its price is set for an impulsive move towards a new all-time and beyond.
Other top crypto analysts agree with Bluntz. Crypto Tony (@CryptoTony__) reveals that he would open long positions if the WIF price secures a daily or weekly close above $2.30. As such, this price level marks the low trendline of a 3-month range, making it a crucial resistance for the bulls to breach.
Indeed, it would not be a surprise if Dogwifhat starts pushing towards a new all-time high. WIF has been acting as a beta bet on Solana, almost as a leveraged SOL.
With VanEck and 21Shares filing for spot Solana ETFs, the SOL price appears on the verge of a breakout as well after having rallied nearly 15% over the past week.
All eyes are now on TradFi giants BlackRock and Fidelity for whether or not they would join the Solana ETF race. A bullish breakout in Bitcoin would also help WIF’s cause.
Sealana To Go Live On Tuesday – Will It Be The Next 100x Meme Coin?
A new Solana meme coin – Sealana (SEAL) – is set to go live tomorrow on Tuesday at 1 PM UTC.
SEAL has already raised over $6 million during its ICO and investors are still rushing to stack the meme coin at its discounted price before its launch tomorrow. Once it goes live, experts are expecting significant growth, with some even hinting at 100x returns long term.
Sealana’s oddball mascot – a chubby and patriotic seal – is one of the key factors behind its demand. His theatrics – which include debating Joe Biden and attempting to sneak into Area 51 – have garnered over 13k followers on X and nearly 19k followers on Telegram.
SEAL is also expected to receive a significant boost from the improving broader market sentiment. With both Solana and Dogwifhat on the verge of a breakout, the crypto market is set to be in a state of euphoria.
In such a scenario, new meme coins such as Sealana could catch the attention of some deep-pocketed whales and see substantial growth.
Interested buyers now have less than 24 hours to purchase SEAL at its discounted price via the Sealana website. The tokens will be airdropped after the IEO tomorrow.
