The analyst known as Credible Crypto believes that the memecoin called dogwifhat (WIF), built in the Solana ecosystem, is approaching attractive levels for investment. He suggests that buying at the $0.20 - $0.50 range could potentially yield a 10x return with limited downside risk. However, the analyst has reservations due to the negative sentiment surrounding Solana amid the controversies surrounding other memecoins. As a result, he plans to wait for more price action and a clean accumulation range before making a decision. WIF is currently trading at $0.64, while Solana is trading at $170.
Content Editor ( dailyhodl.com )
- 2025-02-22
Crypto Analyst Says Solana-Based Altcoin Approaching ‘Attractive Levels’ – But There’s a Catch
