The popular cryptocurrency Dogwifhat (WIF) has seen impressive performance over the past 24 hours, with a 16% upside rally. Its trading volume has also increased by 75% during this time, indicating higher participation from traders and investors. CoinPedia's technical analysis suggests that if WIF closes above $2.06, it could potentially soar by 14% to reach $2.4 in the coming days. The on-chain metrics also support a bullish market sentiment, with the long/short ratio at its highest since August 2024 and a significant increase in future open interest. Overall, there is a positive outlook for WIF and the possibility of a massive upside rally in the near future.



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