Dogwifhat is an innovative cryptocurrency that has gained attention for its unique approach to blockchain technology and decentralized finance. Unlike many traditional digital assets, it incorporates community-driven features that empower users and encourage active participation within its ecosystem. This coin has also fostered a vibrant online community that continuously explores new use cases and applications.
Dogwifhat, denoted by the symbol WIF, is an intriguing entrant in the world of cryptocurrencies. While many digital currencies have found their place in the marketplace, Dogwifhat distinguishes itself with unique features and a rapidly growing community. As of now, its current trading price stands at $2.52 with a total market cap of over $2.5 billion.
Dogwifhat has seen substantial growth since its inception. The all-time low of $0.00155464 recorded in December 2023 marks a period when it was largely undiscovered. Since then, the cryptocurrency has surged by over 162,000%, showing remarkable appreciation. The all-time high of $4.83, achieved in March 2024, underscores its potential to reach substantial market values.
One of the significant advantages of Dogwifhat is its fixed supply, with a circulating supply matching its max supply of 998,926,392 WIF coins. This built-in scarcity can theoretically drive value appreciation as demand grows. Additionally, Dogwifhat's community-driven approach fosters a robust network effect, enhancing its popularity and adoption.
The coin has also demonstrated resilience and investor confidence, as indicated by its impressive market cap and volume metrics. A 24-hour price change of approximately 5.18% coupled with a market cap increase of over $123 million points to active trading and investor interest.
Despite these advantages, Dogwifhat is not without its challenges. The cryptocurrency market is renowned for its volatility; Dogwifhat is no exception. The price drop from its all-time high underscores market instability risks. Investors should be prepared for fluctuations and potential downswings that are characteristic of emerging cryptocurrencies.
Regulatory challenges also pose potential risks. As governments worldwide grapple with the oversight of digital currencies, Dogwifhat, like other cryptocurrencies, could be impacted by shifts in legal and regulatory landscapes.
Looking to the future, Dogwifhat’s prospects appear promising but hinge on several factors. For one, continued community engagement and network expansion will be pivotal. As more users adopt and transact using WIF, its prominence and value may further increase.
Technological advancements and partnerships could also enhance Dogwifhat's utility, providing a broader range of applications beyond mere transactional use. However, maintaining transparency and security remains critical to sustaining trust and avoiding potential pitfalls.
In conclusion, while Dogwifhat has successfully caught the attention of the cryptocurrency community with impressive historical performance and growth potential, it remains bound by both opportunities and challenges that define the dynamic crypto ecosystem. Analyzing these facets is essential for any investor considering an entry into the realm of Dogwifhat.
from price
$1
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General Information |
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Title
dogwifhat
|
Symbol
wif
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Whitepaper
-
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Website
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Community
-
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Last Updated
2025-01-21 23:53
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Price Data |
Current Price $
1.45
$
|
High 24h
1.52
$
|
Low 24h
1.32
$
|
Price Change 24h
0.060946
$
|
Price Change % 24h
4.38279
%
|
Market Data |
Market Cap
1448844279
|
Total Volume
482045266
|
Market Cap Change 24h
57539927
|
Market Cap Change % 24h
4.13568
%
|
Return on Investment (ROI)
-
|
Supply and Availability |
Circulating Supply
998926392
|
Total Supply
998926392
|
Max Supply
998926392
|
Historical Data |
All Time High (ATH)
4.83
|
ATH Change %
-69.94217
%
|
ATH Date
2024-03-31 09:34
|
All Time Low (ATL)
0.00155464
|
ATL Change %
93196.82716
%
|
ATL Date
2023-12-13 07:13
|