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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

The post dogwifhat Price Prediction – Will WIF Hit $10 by Year’s End? appeared first on ReadWrite.

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.
The post US Ethereum ETFs see net outflows on second trading day appeared first on ReadWrite.