Dogwifhat (WIF) Price Tanks 10%, End of Bull Party or Healthy Correction?

Solana-based meme coin Dogwifhat had a phenomenal rally last month with the WIF price rallying all the way to $4.75 thus becoming the third-largest meme coin by market cap. However, the Dogwifhat price is facing strong selling pressure slipping by more than 10% over the last 24 hours, all the way to $3.53. Since then, it has partially recovered and at press time, it’s trading at $3.9 level.