Most recent sell-off has seen Dogwifhat (WIF) fall for six days in row
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The decline in Dogwifhat's value is reflective of the broader market sentiment, which has been bearish in recent times. Bitcoin fell to a more than one-month low, as the lack of new market drivers slowed this year's record-breaking surge.In this context, WIF has steadily declined since reaching highs of $4.07 on May 29. The most recent sell-off has seen WIF fall for six days in a row since June 17.At the time of writing, WIF was trading at $1.
Other Solana meme coins have dropped since the past week, including BONK, which is down 17.58%, and Book of Meme , which is down 15%. Solana meme coins have followed Solana's negative trend over the last week; Solana is the only cryptocurrency in the top 10 save Dogecoin, whose price has declined by nearly 10% in the last seven days.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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