WIF Price- Dogwifhat’s Market Momentum Grows Amid Futures Activity
WIF Price– Dogwifhat (WIF) surged 13.69%, rebounding from a recent low of $0.82 to hit a monthly high of $0.982 before settling around $0.968 at press time. This rally pushed the memecoin’s market cap to an impressive $978 million — up 14.2%.
Buyers Make a Powerful Comeback
After weeks of sidelined trading, Dogwifhat (WIF) investors have returned with force. On July 10th, buy volume reached 17.3 million compared to 16 million in sell volume, marking the first time in over a month that WIF recorded three straight days of positive Buy-Sell Delta.
Over the past three days, the total buy volume hit 91.79 million, outpacing the 89.52 million in sell volume by 2.27 million. This sustained buying pressure suggests buyers are firmly in control — a pattern historically linked with further price gains.
Futures Traders Eye the Next Move
Futures data reveals investors are positioning aggressively for a continued rally. According to Santiment, WIF’s Funding Rate turned positive again on July 10th, hitting 0.005 after a previous dip. A positive funding rate signals long positions are dominating, indicating traders expect prices to keep climbing.
The price surge gave underwater investors a chance to book profits. CoinGlass data shows a spike in Exchange Netflow to $2.73 million during the rally, followed by a drop to $531.6K — confirming waves of profit-taking.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
