Dogwifhat (WIF) has seen a significant increase in whale accumulations, making it the third largest meme coin by market capitalization.
Despite this, WIF's price dropped by 7% in the last 24 hours, and it is now trading at $1.56.
Analysts are optimistic, predicting a potential 20% rally for the coin in the near future.
Additionally, Kraken Pro in Canada has recently listed WIF, contributing to its growing popularity.