Arthur Hayes’ WIF Target: “The Hat Stays On While I Count to $10

• BitMEX co-founder thinks Dogwifhat (WIF) would rally to $10 in the emerging bull run.
• WIF has gained 1,100% in 20 days amid an ongoing price rally.
• The WIF meme coin has climbed to the 45th position on CoinmarketCap

The renowned crypto personality posted on X following another bullish day for the novel meme coin as it continues to rally from a February 23 low of $0.28344.

In his post, Hayes shared a screenshot of the WIF/USDT 15-minute chart, accompanied by the phrase, “The hat stays on while I count to $10.” At the time of his post, WIF traded for $2.742, showing significant bullish momentum. 

Further details of WIF’s recent price action show it has embarked on a significant rally like other meme coins, including PEPE, FLOKI, and SHIB. WIF began its rally in the last week of February and has continued upward for nearly three weeks.

According to data from TradingView, WIF surged from $0.28344 on February 23 to $3.4500 earlier today. The meme coin gained over 1,100% during the 20-day rally, with users like Hayes expecting a much higher target amid an emerging altcoin season. Following the recent rally, WIF has climbed higher in ranking. It is currently the 45th-ranked cryptocurrency, with a current value of $3.24 billion, according to data from CoinmarketCap. 

WIF traded for $3.24 as of writing this report, reflecting a 45% gain in the last 24 hours, per CoinmarketCap. The meme coin’s current price action is as ideal as many similar projects in the same category. They display significant volatility during bull cycles and could surge significantly over short periods.

Hayes’ $10 target seemed realizable among his followers, the majority responding in acknowledgment. Most of them did so using the colloquial slogan of the meme coin’s community, “I am WIF you.”