After pulling impressive rallies last year, WIF entered an extended bearish run, crashing over 94% from its ATH to revisit the $0.3 zone, and providing a rare buy-low opportunity to meme coin speculators.
In the past months, traders have been scooping WIF ruthlessly, rotating the meme coin price back up. Recently, WIF rocketed to retest the $1.3 monthly resistance, pulling a 330% upsurge from the dip.
Even after a slight retreat, WIF was still up over 150% monthly, paring all its yearly losses with a 65% year-to-date jump. Market participants now believe that WIF could continue pumping up in the coming months.
