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Dogwifhat (WIF) Experiences 12% Drop Amidst Market Decline, Looking to Recover

Apr 2, 2024

Dogwifhat (WIF) has witnessed a significant 12.42% decline in its price, currently standing at $3.85. This decrease is in line with the broader market drop of 5.85%, suggesting that it is not performing well compared to other cryptocurrencies. Additionally, the coin has also lost 8.31% against Bitcoin (BTC) in the same period, indicating a negative trend for WIF within the day.

Despite the recent setbacks, Dogwifhat has shown positive growth over the past month and year. According to data from CoinMarketCap, the coin has surged by 200.07% in the last 30 days and an impressive 2167.87% over the past year. Achieving its all-time high of $4.80 on March 31, 2024, Dogwifhat has generated considerable interest and potential for growth in the market.

WIF/USD 24-Hour Chart Source: CoinStats

Despite the overall positive sentiment in the market, WIF has experienced a downturn in the past 24 hours. Initially opening at $4.41, the token briefly saw an increase before facing a drop in its value.

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