Dogwifhat Price Could Nosedive After Recent ATH, Thanks To BTC

Anshuman Roy
By Anshuman Roy 4 Min Read
Dogwifhat WIF price
Dogwifhat WIF price

NOIDA (CoinChapter.com) — Solana-based memecoin Dogwifhat’s price reached a new record high near $4.85 on the last day of March. Then, as is usually the case, profit booking from the bears resulted in the memecoin paring gains.

Dogwifhat price
WIF price action over the last seven days. Source: CoinStats

As a result, the token’s April has been bearish so far, with Dogwifhat sellers pranking bulls on April Fool’s Day to pare nearly 20% of WIF’s gains. The trend continued on April 2, forcing the WIF price to plunge 13% and reach a daily low near $3.67 before making a marginal recovery.

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WIF Price Copies Wider Market Trend

The decline in Dogwifhat prices had nothing to do with the memecoin itself since the project has no intrinsic use cases and, thus, any value-boosting features. The cryptocurrency token was reacting to the wider market bearishness, led by Bitcoin’s nearly 10% decline in April so far.

Dogwifhat price
The crypto market bled red on April 2. Source: Coinglass

Over the past 24 hours, the wider crypto market saw a massive outflow of gains, as nearly every major crypto token in the top 20 list faced losses.

On April 1, Bitcoin prices fell by 2.30%, canceling a 2.38% rise from the day before, closing the day near $69,700. The drop likely reacted to the latest US manufacturing data for March, which showed the ISM Manufacturing PMI jumping from 47.8 to 50.3.

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The spike signaled growth in the sector and potential inflation increases. As a result, the news created a FUD regarding the Federal Reserve not cutting interest rates in June. This forced crypto assets to pare gains since higher interest rates often discourage investors from riskier assets like Bitcoin.

Moreover, 10-year US Treasury yields climbed by 2.54%, further influencing traders to withdraw from Bitcoin, which briefly dipped near $65,800 on April 2. The wider crypto market and Dogwifhat aped Bitcoin’s negative price action, resulting in WIF price shedding gains.

Dogwifhat price
WIF supporters remained bullish on the token’s prospects.

However, WIF supporters shrugged off Bitcoin’s downtrend as pre-halving volatility, with posts shilling the Dogwifhat token flooding social media platforms.

Yet, the hopium could only take the WIF price so far since memecoin traders are usually the first to dump their holdings and scamper once the market declines. As such, WIF loyalists might be in for a rude awakening if they continue to hodl.

Dogwifhat Price Downtrend Continues

The Dogwifhat token price continued to drop as trading progressed on April 2, which could result in WIF price testing the 20-day EMA (red wave) support near $3.06.

Breaking below the immediate support could confirm the memecoin’s downtrend, resulting in increased selling pressure and a drop to the 0.236 FIB support near $2.

Dogwifhat price
WIFUSD daily price chart with RSI. Source: Tradingview.com

However, a rebound from the 20-day EMA dynamic support could help the WIF price rally to the resistance near $4.76, a hair away from Dogwifhat’s recent ATH. Flipping the immediate resistance might help the memecoin price rally to a new ATH near $6 before bears return for the hunt.

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The relative strength index, or RSI, for WIF, remained neutral, with a score of 59.78 on the daily charts.

Anshuman Roy

Anshuman Roy is a Senior Crypto Markets Analyst with over 1,500 published articles across Bitcoin, Ethereum, and the broader digital asset space. With a background in Electronics and Telecommunication Engineering and an NISM-certified foundation in technical analysis, he brings a sharp focus to price structure, market cycles, and institutional flows. His reporting covers Bitcoin ETFs, Ethereum’s scaling roadmap, and token treasury strategies. Roy holds Bitcoin, Ethereum, Shiba Inu, and Litecoin.

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    2 vibration sensors (accelerometers) with 4m cables (optionally 10m)
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    Software for Windows 7-11 (32/64-bit)
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    Vibrometer Mode
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    Current Prices

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    OEM Kit (without case, stand, and scales): €1,561
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    Shipping: 10-20 business days by international mail
    Shipping Cost: from $10 (economy) to $95 (express)
    Warranty: manufacturer’s warranty
    Technical Support: included in price

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    ปัจจุบันนี้ สล็อต บนอินเทอร์เน็ต ถือเป็น เกมที่มีผู้เล่นจำนวนมาก ในวงการคาสิโนออนไลน์ ด้วย วิธีการเล่นที่ไม่ซับซ้อน ไม่ซับซ้อน และ ให้ความสนุกทันที ทั้งผู้เล่นใหม่และผู้เล่นเดิม เกมสล็อต ก็เหมาะสม สำหรับการเล่นทั่วไป.

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  20. dark web markets
    Dark Web: What It Is and How to Access It
    Dark Web Meaning

    The darknet is a non-public part of the internet that is not reachable through traditional browsers. When users search for what the dark web is or the meaning of the dark web, they usually refer to anonymous networks that require special software and apply cryptographic methods to hide identities. Most dark web websites operate on the .onion domain.

    Unlike the surface web, the dark web is not indexed by Google or traditional search engines.

    How to Access the Dark Web

    To understand how to get on dark web, users need a specialized dark web browser.

    The most widely used option is Tor Browser:

    Accessible through the Tor Browser download for Windows, macOS and Linux systems

    Additionally available as the Android version of Tor Browser

    Routes traffic through multiple encrypted relays (onion-based routing)

    For users on iOS devices, Onion Browser is a popular choice.

    To access dark web safely, users often use Tor together with basic security practices and refrain from sharing personal data.

    Dark Web Search Engines and Links

    Since Google does not list the dark web, users rely on a dark web search engine such as:

    Ahmia search

    Torch dark web

    Onion search

    DuckDuckGo dark web (via Tor)

    Directories like the Hidden Wiki directory provide lists of darknet links, but many links may be outdated or unsafe.

    Dark Web Markets and Risks

    Darknet marketplaces are known for anonymous transactions, often using cryptocurrency. The best-known example is the Silk Road marketplace, which was shut down by authorities.

    Topics like dark web drugs and financial fraud have led to greater scrutiny from authorities. Many markets are fraudulent or temporary.

    Dark Web Monitoring and Data Leaks

    Users often ask whether their information is on the dark web. This has led to darknet monitoring, dark web scan, and dark web check services. These tools look for leaked emails, passwords, or financial data and may trigger a security alert if exposure is found.

    Conclusion

    The dark web is not entirely illegal, but it involves significant risks. Dark web websites are used both for privacy-focused communication and for illegal activities. Anyone exploring the dark web should understand the technical, legal, and security implications before proceeding.

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