WIF token price down slightly to $0.8319, supported by whale accumulation, positive market sentiment

Dogwifhat (WIF) is trading at $0.8319 amid market volatility, down 1.17% in 24 hours. The CoinDesk Memecoin Index is up 1.79% during the same period. Price range is $0.821 to $0.864, with strong support at $0.835.

Whale wallets have accumulated over 39 million tokens, aligning with memecoin rotation on Solana. Market sentiment improved after the passage of President Trump’s “One Big Beautiful Bill” and positive U.S. jobs data. WIF’s on-chain fundamentals remain strong despite broader crypto challenges.

Derivatives markets are growing, with Binance seeing $650 trillion in BTC futures volume. Retail-driven tokens show resilience. If WIF maintains support and volume rebounds, a retest of $0.86 could be possible. Technical analysis highlights include strong support at $0.835 and resistance at $0.838.

WIF traded between $0.821 and $0.864 in the past 24 hours. A high-volume bounce from $0.835 to $0.861 confirmed strong support. Whale accumulation spiked during a 60.7M token volume surge. Temporary support held at $0.828 after a sharp sell-off. Late-session recovery hints at a short-term consolidation range.

Read more at Yahoo Finance: WIF Holds Key Support as Whales Accumulate Over 39M Tokens