Is Dogwifhat Ready to Lead the Next Memecoin Wave? August 2025 Predictions!

Updated

July 22, 2025

Gambar Is Dogwifhat Ready to Lead the Next Memecoin Wave? August 2025 Predictions!

Jakarta, Pintu News – Dogwifhat, a rising memecoin, seems set to take the lead in the next wave of memecoins. With consolidation taking place near the $1.30 resistance level and an increasing number of holders, strong indications suggest that Dogwifhat might become a key player in this volatile crypto market.

Current Market Conditions

Dogwifhat has shown consistency near the $1.30 resistance level, while Dogecoin appears exhausted in its chart. This opens up an opportunity for Dogwifhat to capitalize on Dogecoin’s (DOGE) weakness and potentially lead the next memecoin rally. Currently, four of the ten highest gaining coins on the weekly chart are memecoins, which suggests that speculative interest in the crypto market is on the rise.

In a market where Bitcoin is moving in a narrow range, memecoins like Dogecoin (DOGE) and Floki have recorded significant gains. Dogwifhat, although slightly lagging behind, still recorded a weekly close with a gain of 24.31%. However, Dogecoin (DOGE) experienced an intraday rejection of 2.14% from its peak in early May, while Dogwifhat showed tight volatility compression, a pattern that previously preceded large spikes.

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Technical Analysis and ‘Whale’ Accumulation

Dogwifhat is currently in a tight volatility compression phase, which is similar to the pattern that occurred before the previous big spike. In that spike, Dogwifhat jumped by 138% from a base of $0.56, far surpassing Dogecoin’s (DOGE) 48% rise in the same time period. This happened while Bitcoin (BTC) fluctuated between $102,000 and $105,000.

Meanwhile, the number of Dogwifhat holders has passed 250,000 with on-chain flows showing steady inflow and active accumulation. This suggests that the momentum happening beneath the surface may be far from over. With a significant addition of 670 billion coins by the dominant whale group, it shows the strong conviction of large investors.

Dogwifhat’s Potential to Lead the Memecoin Wave

Dogwifhat has been locked in a tight battle at the $1.30 supply wall, a level it hasn’t managed to break since the start of the first quarter. In May, the price has twice tested the level with heavy upper wicks, signaling that the sellers have not given up easily. However, accumulation by ‘smart money’ has increased, with the dominant whale group adding significant amounts of coins. This divergence is important.

While the Dogecoin (DOGE) whale may be exhausted, the Dogwifhat whale has accumulated near the $1.30 resistance while considering it a strong base of support. If this setup holds, Dogwifhat could potentially benefit from the overvalued RSI and resistance rejection by Dogecoin (DOGE)/Bitcoin (BTC), which would position this altcoin as a likely player to excel in the upcoming memecoin rally.

The Future of Dogwifhat

With all indicators and analysis in place, Dogwifhat seems to be well positioned to lead a new wave in the memecoin world. The combination of strong whale accumulation, favorable chart patterns, and the potential to capitalize on competitor fatigue makes Dogwifhat a promising candidate to lead the market. Investors and market watchers should pay close attention to this dynamic as it could determine the direction of the next memecoin trend.

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