The price of dogwifhat (WIF) has retreated by 13% in the past 24 hours despite the overall recovery that meme coins have experienced since the American session started just a few hours ago.
Trading volumes for the token experienced a 130% surge during this period and stand at $1.4 billion. This figure accounts for 166% of the token’s market cap and indicates the extent of the selling pressure.
On January 31, a post on the project’s official X account indicated that a group of WIF investors who are organizing the display of the dogwifhat meme in the Las Vegas sphere has apparently agreed on a timeline with an established brand to execute this marketing stunt.
The Wif Sphere organizers have been in ongoing negotiations with various parties to collaborate on the Sphere ad placement. Since the Wif team is not a corporate entity, the organizers are collaborating WITH an established brand to execute this advertisement. Timeline has been…
— dogwifcoin (@dogwifcoin) January 31, 2025
On this day, the WIF token surged by as much as 14%. However, it started to retreat shortly afterward and ended the day with 2.6% losses.
WIF Shows No Signs of Reversing its Post-November Downtrend – How Low Can It Go?
WIF is currently trading 82.6% below its all-time high of $4.85 per token from March 31, 2024. Thus far in 2025, the token has lost 53.7% of its value, while its market cap has dropped by nearly 60% in the past 30 days alone.
The combined market cap of meme coins has dropped 18.6% in the past 24 hours and has nearly halved compared to its post-election peak. Meanwhile, trading volumes in this segment are up $136% during this same period as per data from CoinMarketCap.
The daily chart shows that WIF has been embarked on a downtrend since its November 13 post-election surge. Lately, a falling wedge pattern has formed that could result in a bullish move in the near term.
However, momentum indicators, including the Relative Strength Index (RSI) and the MACD, have not provided confirmation of a trend reversal yet and are still neck-deep into bearish territory.
A break above the $1.30 level could be what’s needed to change the direction of the trend.
Even though this meme coin has experienced significant weakness lately, the MIND of Pepe (PEPE) presale seems poised to become one of the best ICOs of 2025.
MIND of Pepe ($MIND) Raises Nearly $5M in 18 Days
AI agent tokens are one of the hottest segments of the crypto space as platforms like Virtuals Protocol have become popular.
MIND of Pepe ($MIND) is emerging as one of the best crypto presales of 2025 as it merges two powerful trends – meme coins and AI agents.
This agent is designed to create a robust online presence through interactions in social media channels with prominent figures. It will gather information and then leverage its influence to feed $MIND holders with insights about relevant trends in the meme coin space.
In addition, it can ultimately create meme coins based on this information and give token holders a first-class seat to acquire the assets while they are still flying below most investors’ radar.
At its discounted price of $ 0.0032532, $MIND offers early buyers significant upside potential. Last year, a similar Pepe the Frog meme coin called Pepe Unchained ($PEPU) delivered gains of 700% once the token was listed on exchanges.
Analysts believe that the early success that the Mind of Pepe ($MIND) presale is evidence of what its future holds. This may include plans to be listed on top-tier exchanges, similar to what happened to AIXBT and CGPT once they became popular.
To buy $MIND, head to the Mind of Pepe website and connect your wallet. You can either swap ETH, USDT, or BNB or use a bank card to complete the transaction. The presale price will rise in the next 30 hours, so don’t waste any hour.
