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However, amid this market's lackluster action, Dogwifhat has managed to capture attention with its notable price increase. WIF has been steadily climbing since hitting a low of $2.20 in Friday's market decline, which saw Bitcoin fall to its lowest price in nearly a month, prompting a flurry of crypto long position liquidations.At the time of writing, Dogwifhat was extending its rebound, up 5.16% in the last 24 hours to $2.53, having hit intraday highs of $2.55. If today closes in the green, WIF might mark its second consecutive day of gains.
In a tweet, Novogratz enquired:"Anyone know where I can buy one of the hats from the dog? Perfect gift for someone I know." An X user responded"dogwifhatstore" to which Novogratz responded"Gracias."continues to rise, it may encounter resistance around higher price points mainly at the daily SMA 50 at $2.94, particularly if the overall market sentiment does not change.
Source: News Formal (newsformal.com)
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