Dogwifhat (WIF) witnessed a sharp decline, with its price plummeting by nearly 20% over the past 24 hours. This latest downturn marks a continuation of the downward trend that began in late March, culminating in a significant 40% decrease. Related Reading: Bitcoin Below $70,000: Is $80K Still Possible, Or Is The Rally Over? Analysts Raise Concerns: ‘It Needs To See A Vet’ The drastic price drop has prompted analysts to voice their concerns, with one commentator humorously remarking, “It needs to see a vet.” The analogy underscores the severity of the situation, suggesting that Dogwifhat’s current state requires careful attention and intervention. I think the dog is going to take off the hat for a bit. Across every timeframe $WIF looks like it needs to see a vet. It probably ranges for some time, enough to get people moving on and doubting its long term place in this market (it stands with $DOGE now imo).. The next pump… pic.twitter.com/bG4vum8GEh — HORSE (@TheFlowHorse) April 12, 2024 While the surge in trading volume may signal short-term interest, analysts remain cautiou ..
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