Recently, the cryptocurrency Dogwifhat has been experiencing downward pressure as bearish trends continue to impact its market performance. This decline is not isolated, as the broader category of memecoins is also facing substantial decreases on weekly charts.
Currently, Dogwifhat's price is notably close to the $2 mark, prompting concerns among investors about the potential for further depreciation.
In the past day alone, Dogwifhat (WIF) has seen a 4.54% drop in its value, reflecting the challenges faced by this segment of the market and causing unrest among holders.
