{"id":35338,"date":"2025-07-05T16:46:56","date_gmt":"2025-07-05T16:46:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35338"},"modified":"2025-07-05T16:46:56","modified_gmt":"2025-07-05T16:46:56","slug":"wif-holds-key-support-as-whales-accumulate-over-39m-tokens","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35338","title":{"rendered":"WIF Holds Key Support as Whales Accumulate Over 39M Tokens"},"content":{"rendered":"<div>\n<p>Dogwifhat (WIF) continues to draw attention amid volatile market conditions, with the token consolidating around $0.8319 after dipping 1.17% over the past 24 hours, according to CoinDesk Research&#8217;s technical analysis model. As for the broader memecoin sector as gauged by the CoinDesk Memecoin Index(CDMEME), it is up 1.79% during the same period.<\/p>\n<p>Price action formed a 5.1% range from $0.821 to $0.864, with critical support confirmed near $0.835 on significant volume. A sharp rally earlier this week to $0.92 drew profit-taking, but technical strength remains as WIF holds above its new local floor.<\/p>\n<p>Blockchain analytics show whale wallets have accumulated more than 39 million tokens, a pattern that aligns with broader memecoin rotation underway across Solana-based assets. This trend comes as BONK surged earlier on ETF speculation, while WIF retests key zones with declining volume and fewer short liquidations.<\/p>\n<p>The passage of President Trump\u2019s \u201cOne Big Beautiful Bill\u201d by Congress earlier this week brought short-term calm to risk markets. Combined with better-than-expected U.S. jobs data, sentiment around risk assets improved marginally, reducing macro-related selling pressure. Even as broader crypto faces headwinds from shifting trade and monetary policy dynamics, WIF&#8217;s on-chain fundamentals remain constructive.<\/p>\n<p>With derivatives markets booming \u2014 Binance has now facilitated $650 trillion in cumulative BTC futures volume \u2014 attention is turning to retail-driven tokens that continue to show resilience. If WIF maintains support and volume rebounds, a retest of $0.86 may be in play.<\/p>\n<\/p>\n<p><strong>Technical Analysis Highlights<\/strong><\/p>\n<ul>\n<li>WIF traded between $0.821 and $0.864 over the 24-hour window ending July 5 at 14:00 UTC.<\/li>\n<li>High-volume bounce from $0.835 to $0.861 confirmed strong support level.<\/li>\n<li>Whale accumulation spiked during a 60.7M token volume surge over a 9-hour session.<\/li>\n<li>In the final hour (13:06\u201314:05 UTC), WIF rebounded from $0.828 to $0.831.<\/li>\n<li>Resistance formed at $0.838 with heavy sell pressure at 13:25\u201313:26.<\/li>\n<li>Temporary support held at $0.828 after sharp sell-off between 13:54\u201313:56.<\/li>\n<li>Modest late-session recovery hints at short-term consolidation range.<\/li>\n<\/ul>\n<p><strong><em>Disclaimer:<\/em><\/strong>\u00a0<em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dogwifhat (WIF) continues to draw attention amid volatile market conditions, with the token consolidating around $0.8319 after dipping 1.17% over the past 24 hours, according to CoinDesk Research&#8217;s technical analysis model. As for the broader memecoin sector as gauged by the CoinDesk Memecoin Index(CDMEME), it is up 1.79% during the same period. Price action formed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35338","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35338"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35338\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}