Trader Warns Dogwifhat Could Trigger Meme Coin Meltdown If Key Level Breaks
Posted On June 20, 2025
A popular crypto trader is raising concerns about the price stability of Dogwifhat (CRYPTO: WIF), a popular meme coin rivaling Dogecoin (CRYPTO: DOGE).
The trader, known online as Altcoin Sherpa, shared with his 248,000+ followers on X (formerly Twitter) that WIF must maintain a key support level of $0.78 or risk entering a prolonged downward trend.
“WIF needs to hold these levels or a broader decline may follow for similar tokens,” he wrote, suggesting that many lower-timeframe charts already show bearish structures.
WIF is currently trading at $0.8001, up about 0.5% over the past 24 hours.
In a separate observation, …
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