Dogwifhat makes a comeback after WIF rallies 25% in a week — What is next?

WIF staged a double-digit rally over the past week as memecoin traders piled into fresh positions. 

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Dogwifhat (WIF), a Solana-based memecoin, has surged 15% over the last 24 hours, reaching a high of $1.98 on Sept. 24. The rebound comes after WIF price dropped 60% from its all-time high of $4.85 six months ago.

Data from Cointelegraph Markets Pro and TradingView shows WIF rose from a low of $1.44 on Sept. 18, climbing 37% to trade at $1.96 on Sept. 24.

WIF/USD daily chart. Source: TradingView

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