dogwifhat Price Prediction – Will WIF Hit $10 by Year’s End?

With dogwifhat (WIF) price battling bearish pressure, experts are predicting whether WIF will reach $10 by the end of the year or merely sustain its current price of $2.51.
Currently ranked as the 14th most traded cryptocurrency and 34th by market cap on CoinMarketCap, dogwifhat boasts an impressive $2.5 billion market cap.
Trading at $2.51 and up nearly 10% this week, the burning question is: Can WIF reach $10 by the end of the year? Let’s see if this is possible or if investors should turn to the new P2E meme coin called PlayDoge.

WIF price prediction
The crypto market shows bullish behavior again, with the fear and greed index at 60, indicating a shift from neutral and fearful sentiments to greed. With spot ETF trading now live, there’s anticipation of an Ethereum surge, and Bitcoin currently stands at $65,000, while Ethereum approaches $4,000.
dogwifhat (WIF) has been on a remarkable run, trading at $2.51, up nearly 10% this week. This makes it one of the few tokens in the top 25 with such gains. As the meme coin market heats up, WIF stands out with its strong performance.

There’s speculation that WIF could hit $10 by the end of 2024, driven by recent bullish sentiment among investors. Recent news coverage and price predictions fuel optimism.
According to a Coinpedia article, WIF could potentially reach $10 by the end of this year, aligning with growing investor confidence and increasing coverage of the token.
WIF has caught the attention of various sources, including notable figures like rapper Lil Pump, who recently tweeted about the token. This exposure is expected to drive further interest and investment. Additionally, technical reports show strong buy signals, further supporting the bullish sentiment.
Alternative meme coin with P2E features
For those looking to add more meme coins to their portfolio, PlayDoge is worth a look. The project, represented by the $PLAY token, has gained attention in the crypto community, raising an impressive $5.8 million in its ongoing presale.
Investors can buy $PLAY tokens using ETH, USDT, or even a bank cards, making it accessible to many people. The current token price is $0.00522.
PlayDoge is launching a new mobile game inspired by the 90s classic, Tamagotchi Pets. With over 82 million units sold since 1996, virtual pet games have been popular for their engaging gameplay. Building on this success, PlayDoge’s version introduces new features, appealing to both players and investors.
This updated version offers improved graphics, higher resolutions, and better designs, providing a nostalgic experience with a modern twist. Players can earn $PLAY tokens through various in-game activities, which can be used to buy items, unlock features, and enhance the gaming experience.
The game has an XP system that lets players see their progress and move up the leaderboard. Higher leaderboard rankings bring additional rewards, motivating players to stay engaged and excel. Players can stake $PLAY on the BNB Chain and Ethereum network to earn good returns and passive income, while also helping to secure the network.

Source – PlayDoge Twitter
The PlayDoge team is hosting a $150 USDT meme competition. Check their X account for details on how to enter. You could win $75, $50, or $25. The team will announce the winners next Wednesday.
People see PlayDoge as one of the most successful meme coin presales this year, with the potential for 100x returns. The project’s success isn’t just about the game; it combines memes, gaming, and Play-to-Earn (P2E) elements.
The main attraction is the reward system for interacting with pets, completing mini-games, and achieving high scores on the leaderboard.
Given that gaming is one of the world’s largest industries and meme coins are a hot trend in crypto for 2024, it’s easy to see why there’s so much excitement and why this project is highly anticipated.
Visit playdoge.io to participate in the $PLAY token presale.
Related

New P2E Meme Token ICO Raises Nearly $6 Million – Could $PLAY Lead the Meme Coin Rally?
Former Goldman Sachs Analyst Predicts New Profitable Cycle for Meme Coins – Shiba Inu and PlayDoge Are Experts Top Picks

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US Ethereum ETFs see net outflows on second trading day

On their second day of trading, United States-based spot Ethereum exchange-traded funds (ETFs) recorded net outflows of $113.3 million, according to data reported by Farside Investors. This negative trend was primarily driven by significant withdrawals from Grayscale’s Ethereum Trust.
This follows the products being approved in late June, after a long fight by proponents. The Securities and Exchange Commission (SEC) only allowed the trading to start on July 23.
Despite this overall trend, seven out of the eight newly launched spot Ethereum ETFs actually saw net inflows. The Fidelity Ethereum Fund (FETH) and the Bitwise Ethereum ETF (BITW) led the pack, attracting $74.5 million and $29.6 million respectively.
BlackRock’s iShares Ethereum Trust (ETHA), which had the strongest performance on the first day, saw more modest inflows of $17.4 million on the second day.
The converted Grayscale Ethereum Trust (ETHE) was the main contributor to the overall outflows, losing $326.9 million. This follows a $484.4 million outflow on its first day as a spot Ethereum ETF. In total, ETHE has seen $811 million in outflows over two days, representing about 9% of its holdings.
This pattern isn’t unusual for newly launched crypto ETFs. Spot Bitcoin ETFs, for instance, experienced net outflows in six of their first ten trading days, with many attributing this to outflows from the Grayscale Bitcoin Trust ETF.
Market movements
CoinMarketCap data shows that Ethereum’s (ETH) price has also taken a hit, trading at $3,144 at the time of reporting, down over 8% in 24 hours and 7.2% over the week.
This decline coincided with a broader market downturn, with the S&P 500 falling 2.3%. However, Ethereum’s drop was more pronounced compared to Bitcoin’s 2.6% decrease, aligning with predictions that ETH’s price could be particularly sensitive to ETF-related fund flows.
Despite the second-day outflows, it’s worth noting that the first day of trading saw cumulative net inflows of $106.6 million across all Ethereum ETF products, indicating a mixed start for these new investment vehicles.
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Does Marvel Rivals Beta progress carry over to the full game?

The Marvel Rivals Closed Beta Test is in full swing and many are sinking some real hours into the 6v6 hero fighting game.
However, if you are one of those that is trying to get as much time played as possible, you’ll likely want to know if your hard work will be there when the official 1.0 release launches.
Here, we’ll reveal what, if any progress you’ve made in the Beta will carry over to the full Marvel Rivals game.
Does your Marvel Rivals Beta level carry over to the full game?
The short answer to this is no, any levels you’ve gained during the Closed Beta Test will not be present in the official launch of the full game.
This is a little disappointing for those of you who are really going hard to get to those later levels and mastering each character in the process.
However, what it does do is put people on a level playing field which is probably for the best.
Additionally, these levels didn’t carry forward from the Alpha to the Beta anyway, so it shouldn’t be too much of a shock that the trend continues.
Will Marvel Rivals Beta rewards carry over to the full game?
Any Closed Beta Test exclusive rewards will carry forward to Marvel Rivals when it launches.
This includes the Cyan Clash Venom skin which you can acquire by hitting level 30 in the Galacta’s Quest during the test.

Everything else though will be gone forever. This means any other progress including the aforementioned level will be reset back to zero.
In fact, NetEase has stated that “all account information will be erased” completely but you must use the same account upon the full release to gain access to any Beta rewards earned.
Other Marvel Rivals articles you may like

Marvel Rivals voice actors
How to get Marvel Rivals Closed Beta Test key
Marvel Rivals system requirements
Marvel Rivals hero list
Marvel Rivals Competitive mode explained

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Bitcoin and wider crypto market tumbles as global stocks falter

Bitcoin (BTC) experienced a sharp 3% decline at the onset of Asian trading, mirroring a broader downturn in stock markets and diminishing appetite for high-risk assets.
This follows Bitcoin surging past $68,000 while being propelled by continued inflows into Bitcoin spot exchange traded funds (ETFs). SoSoValue reported at the time:
The market has witnessed record net inflows exceeding $17 billion, indicating increased institutional interest and confidence in Bitcoin as an asset class.
CoinMarketCap data shows that the leading cryptocurrency’s price plummeted from $65,500 to approximately $64,000 within moments of Tokyo’s market opening. According to Coinglass data this abrupt fall triggered the liquidation of over $267 million in long positions over the last 24 hours, marking the most significant wipeout since early July.
Liquidations, which occur when exchanges forcibly close overleveraged trades due to margin depletion, can signal a market cleanse of excessive leverage. This often precedes a period of reduced price volatility.
Ethereum (ETH) traders suffered the heaviest losses, with $100 million in long positions liquidated as the token’s value dropped 7.5%, partly due to outflows from the recently launched ETH ETF.
World’s top cryptocurrency exchange Binance unsurprisingly led exchanges in liquidations at $118 million, predominantly affecting long positions. Asian-favored platforms OKX and Huobi saw up to 94% of their long trades liquidated.
Not just crypto
This crypto market turbulence coincided with a significant slump in U.S. tech stocks. The Nasdaq 100 index plunged 660 points on Wednesday, its steepest decline since 2022.
Disappointing quarterly reports from tech giants Alphabet and Tesla contributed to the downturn, with their shares dropping as much as 12%. Collectively, the “Magnificent 7” tech stocks lost over $750 billion in market value, a record single-day decline for the group.
The bearish sentiment spread to Asian markets, with Japan’s Nikkei 225 falling more than 3% early Thursday, amidst speculation about potential interest rate hikes by the Bank of Japan.
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India scraps its ‘Google Tax’ following OECD settlement

India’s government has confirmed it will scrap the ‘Google Tax’, a charge imposed on foreign companies providing digital services.
First introduced in 2016, India imposed a six percent tariff on non-resident firms that were offering services to local companies or those with permanent foundations in the country. It was later extended to include a two percent fee applied to e-commerce companies providing goods and services to Indian citizens and residents.
Finance Minister Nirmala Sitharaman announced the existing two percent levy would be axed as part of the budget speech for the 2024-25 period, with the change to take effect as of August 1, this year. Sitharaman previously described the tax as a “sovereign right”, taking back from foreign companies profiting from their enterprises.
There was diplomacy behind the change of tack after the US reached a consensus with India back in November 2021 to replace the levy with an international taxation regime following the Organisation for Economic Co-operation and Development (OECD) agreement.
What is the OECD minimum tax agreement?
As part of the OECD terms, multinational companies would face a minimum tax in the jurisdictions they provide their services, even if they don’t have a permanent establishment in a particular location. Before the agreement, the US – home to other big tech giants such as Amazon and Microsoft – had campaigned against what it saw as a discriminatory tax and a burden to American trade. In response, Washington applied a whopping 25% tariff on goods imported from India but later suspended the threat.
Other plans as part of India’s new budget include initiatives to advance tech in small business, digital support for the agriculture sector, more government digitalization, more data gathering to inform government policy, and further investment in capacity for the production of critical minerals for electronics manufacturing.
 
Image credit: Pexels
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New Jersey’s $500 Million Bid to Become an AI Epicenter

The Garden State has enacted a hefty new tax credit specifically for AI businesses. But tax incentives—particularly around data centers—haven’t always created large numbers of jobs.

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OpenAI announces a search engine called SearchGPT; Alphabet shares dip

OpenAI announced a prototype of its SearchGPT search engine on Thursday.

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With Google in its sights, OpenAI unveils SearchGPT

OpenAI may have designs to get into the search game — challenging not only upstarts like Perplexity, but Google and Bing, too. The company on Thursday unveiled SearchGPT, a search feature designed to give “timely answers” to questions, drawing from web sources. UI-wise, SearchGPT isn’t too far off from OpenAI’s chatbot platform ChatGPT. You type […]
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Lineage begins trading in the market’s largest IPO of 2024

Lineage, the largest temperature-controlled warehouse REIT in the world, rose by as much as 5% after going public under the ticker symbol “LINE.”

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Uber, Lyft, DoorDash can continue to classify drivers as contractors in California

The California Supreme Court ruled Thursday that Proposition 22 – the ballot measure that passed in November 2020 and classified app-based gig workers as independent contractors rather than employees – is here to stay.  The decision is a win for app-based companies like Uber, Lyft, DoorDash and Instacart, which have fought hard to maintain their […]
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