Crypto dealer and analyst Unipcs (Bonk Man) has reiterated his bullish prediction for Dogwifhat (WIF). He made this assertion whereas revealing the sums misplaced by quick merchants because of their bearish sentiment across the meme coin.
Dogwifhat Headed To $10
Unipcs talked about in an X (previously Twitter) publish that Dogwifhat is “headed to $10” and can by no means drop to as little as $1 once more. He added that the market is at present in a meme coin supercycle, which is why he believes the meme coin can attain such heights. The crypto dealer additionally highlighted how WIF shorts have been “getting squeezed arduous” and stated that is the “method it ought to be.”
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Moreover Dogwifhat, Unipcs typically has a bullish outlook in the direction of meme cash. He earned a repute for longing Bonk, one other Solana-based meme coin, with $16,000 in October 2023 and nonetheless holding as on the final time he shared an replace on the commerce. Based mostly on his replace, his unrealized revenue has risen to as excessive as $13.7 million in some unspecified time in the future.
Unipcs’s bullishness on meme cash can also be not shocking, contemplating this class of crypto tokens is projected as one of many main narratives in this bull run. It’s also price noting that meme cash Dogwifhat and Pepe (PEPE) are at present this yr’s best-performing crypto belongings among the many prime 50 cash by market cap, with year-to-date (YTD) features of over 1,800% and 1,000%, respectively.
Unipcs isn’t the one one who believes that WIF may rise to $10. One other crypto dealer often called ‘Free’ has additionally reaffirmed on completely different events that the meme coin will nonetheless rise to that worth degree. In the meantime, crypto analyst Bluntz Capital can also be ultra-bullish on Dogwifhat, as he as soon as advised that the meme coin will flip PEPE and Shiba Inu (SHIB) to change into the second-largest meme coin by market cap, solely behind Dogecoin (DOGE).
This Crypto Analyst Has Different Expectations
Crypto analyst CrediBULL Crypto not too long ago revealed his bearish expectations for meme cash, together with WIF. He foresees a “meme wipeout,” which could possibly be worse than he initially thought. He added that this incidence would “catch a ton of individuals off guard.” He claimed he would change into a meme coin bull when the time is correct, however now is just not the suitable time.
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In a current video posted on his YouTube channel, CrediBULL Crypto additionally analyzed Dogwifhat. He famous that WIF had considerably moved to the upside, as he rightly predicted in an earlier market replace. Again then, he talked about that he was anticipating the meme coin to rise to $3.8 earlier than it dropped to as little as $1.6.
Nonetheless, in his current video, he revealed that he received’t be shorting Dogwifhat even when it reaches $3.8. As a substitute, he’ll watch for the meme coin to say the untapped highs on the $4 vary to validate his bearish expectations.
On the time of writing, Dogwifhat is buying and selling at round $3, up over 6% within the final 24 hours, in keeping with knowledge from CoinMarketCap.
Featured picture created with Bulb.io, chart from Tradingview.com
