{"id":5300,"date":"2025-07-21T13:30:38","date_gmt":"2025-07-21T13:30:38","guid":{"rendered":"https:\/\/bitunikey.com\/news\/dogwifhat-price-jumps-30-after-wifstrategy-buys-500000-tokens\/"},"modified":"2025-07-21T13:30:44","modified_gmt":"2025-07-21T13:30:44","slug":"dogwifhat-price-jumps-30-after-wifstrategy-buys-500000-tokens","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/dogwifhat-price-jumps-30-after-wifstrategy-buys-500000-tokens\/","title":{"rendered":"Dogwifhat price jumps 30% after WIFStrategy buys 500,000 tokens"},"content":{"rendered":"
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Dogwifhat price has surged 30% after WIFStrategy purchased 500K tokens, as WIF eyes further upside on the back of a bullish cup-and-handle pattern.<\/p>\n

Dogwifhat (WIF) surged 12% yesterday, breaking out of an ascending channel and reaching a local peak of $1.30. Although WIF price has since pulled back slightly to $1.22, it continues to hold firmly above the channel\u2019s upper trendline.<\/p>\n

This breakout has also brought WIF price closer to completing a cup-and-handle pattern, with the rim resistance positioned at around $1.32. The price is now just 7.5% away from a potential breakout above this key level. If this resistance is cleared, it will open the door for a move towards $2.30 based on the measured move from the cup-and-handle pattern.<\/p>\n

Support on the downside remains at the ascending channel\u2019s upper boundary near $1.20. Losing this level could invalidate the bullish setup and trigger a pullback toward the $1.10 region, or even as low as $1.00, where the ascending channel\u2019s lower trendline currently lies.<\/p>\n

Source: TradingView<\/a><\/figcaption><\/figure>\n

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WIF price was recently buoyed by its June 10 listing on Bithumb, one of South Korea\u2019s largest crypto exchanges. At the time, the memecoin was still in a downtrend, but the listing may have helped catalyze the subsequent reversal and contributed to the ongoing uptrend.<\/p>\n

Adding to the bullish momentum, on July 13, WIFStrategy, a digital asset firm focused exclusively on Dogwifhat, purchased 500,000 WIF tokens. Their buy appeared to trigger a sharp rally, pushing the price up by 30% from the July 13 opening to the peak of $1.30 reached yesterday.<\/p>\n

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WifStrategy has acquired 500,000 $WIF<\/a> pic.twitter.com\/upJUtL09tO<\/a><\/p>\n

\u2014 WifStrategy (@wifstrategy) July 13, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

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