The bottom seems to be in for Dogwifhat. The WIF price has surged by 35% over the past week, now trading around $2.30. This is great news for the bulls, especially with top Bybit trader Bluntz (@Bluntz_Capital) making a highly optimistic prediction for Dogwifhat, suggesting that the Solana meme coin could reach $11 by November.
Simultaneously, a new Solana meme coin, Sealana (SEAL), is gaining considerable traction ahead of its Initial Exchange Offering (IEO), with some experts hinting at potential 100x returns.
### Can The WIF Price Reach $11 By November?
Bluntz has been remarkably accurate with his Dogwifhat predictions. He correctly called a local top for WIF on April 4th when it was near its all-time high and pinpointed the local bottom on June 29th when the coin was trading at $1.50. Since then, Dogwifhat has rallied almost 50%, and Bluntz now believes it could soar nearly 400% to reach $11.
“Don’t be afraid to dream a little bigger. $WIF,” Bluntz tweeted on July 1, 2024, accompanied by a chart and a link.
Bluntz uses the Elliot wave theory for his accurate predictions. This theory suggests that asset prices move in waves or fractals, typically featuring five impulsive waves in the direction of the main trend, followed by three corrective waves in the opposite direction. With the three corrective waves now completed for WIF, the price is poised for an impulsive move to a new all-time high and beyond.
Other top crypto analysts share Bluntz’s optimism. Crypto Tony (@CryptoTony__) mentions that he would consider opening long positions if WIF secures a daily or weekly close above $2.30, marking a crucial resistance level for bulls.
### WIF Acting as a Leveraged Bet on Solana
Dogwifhat could soon push towards a new all-time high. It has been behaving like a leveraged bet on Solana, mimicking its movements but with greater intensity. The potential approval of spot Solana ETFs by VanEck and 21Shares is boosting SOL’s price, which has already risen by nearly 15% in the past week.
Market watchers are now focused on whether financial giants like BlackRock and Fidelity will join the Solana ETF race. A bullish breakout in Bitcoin would also benefit WIF.
### Sealana to Launch – Could It Be the Next 100x Meme Coin?
Sealana (SEAL), another Solana meme coin, is set to launch tomorrow at 1 PM UTC. SEAL has already raised over $6 million during its ICO, with investors eagerly buying the coin at its discounted price before the official launch. Experts predict significant growth for SEAL, with some hinting at long-term returns of 100x.
Sealana’s quirky mascot, a chubby and patriotic seal, plays a big role in its popularity. His antics, including debating Joe Biden and attempting to sneak into Area 51, have attracted over 13,000 followers on X and nearly 19,000 on Telegram.
“Even these lizard lovin liberals can’t come up with a reason not to buy $SEAL! #MAGA #USA #Trump #PresidentialDebate,” tweeted Sealana (@Sealana_Token) on June 28, 2024.
The broader market’s improving sentiment is expected to further boost SEAL. With both Solana and Dogwifhat on the verge of breakouts, the crypto market is set for a potential euphoria, which could attract significant investments to new meme coins like Sealana.
Interested buyers have less than 24 hours to purchase SEAL at its discounted price through the Sealana website. Tokens will be airdropped after the IEO tomorrow.
Visit Sealana Presale.
