As Bitcoin soars to touch new price highs, the altcoin market has also made the most out of BTC’s surge, primarily the meme coins as they mark new price spots. Dogwifhat, a leading meme coin on Solana, has lately been grabbing the central spotlight. As the token soars to scale new highs, will it be profitable to stock WIF as the month of December approaches hard and fast? Let’s find out.

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Dogwifhat: What’s Happening With The Meme Coin Lately?

Bitcoin is currently at $96K. As the king of cryptocurrencies continues to ace new highs, the profits are shared equally within the market, with meme coins raking in sizable profits. WIF has lately been basking under this bullish momentum, surging to a new high of $3.17 at press time. The token has soared 19% in the last month and nearly 1788% in the last year.

WIF’s incredible popularity among the masses has recently led the Robinhood cryptocurrency exchange to list DogWifHat for future trading, enabling users to easily trade WIF.

Several analysts on X have already started to paint new price predictions for WIF. Considering its latest ascent and hype, one such analyst has quoted a new price point for DogWifHat, adding that it may touch the $10 mark by Christmas 2024.

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The Token’s Price Forecast for December 2024

According to CoinCodex, WIF may surge by nearly 229% to sit at a new price mark of $10 by the end of December 2024. The prediction makes it a lucrative coin to hold for the long haul.

“According to our current Dogwifhat price prediction, the price of Dogwifhat is predicted to rise by 229.69% and reach $10.54 by December 29, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 78 (extreme greed). Dogwifhat recorded 13/30 (43%) green days with 19.16% price volatility over the last 30 days. Based on the Dogwifhat forecast, it’s now a good time to buy Dogwifhat.”

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