TRUMP Spikes 42%, Dogwifhat Up 25%: What's Going On?

Dogwifhat WIF/USD and the TRUMP TRUMP/USD meme coin are emerging as the highest gainers on Friday, putting in significant rallies from their bottom valuations.

Cryptocurrency	Price	Market Cap	24-Hour Trend	7-Day Trend
OFFICIAL TRUMP TRUMP/USD	$23.00	$4.6 billion	+41.6%	+33.7%
Dogwifhat WIF/USD	$0.7399	$739.1 million	+26.8%	+2.7%
SPX6900 SPX/USD	$0.8429	$784.7 million	+17.3%	+38.6%

Trader Notes: Influencer Cryptomist noted that market bias is shifting upward, suggesting that Dogwifhat should follow suit.

She emphasized that an aggressive rebound, mirroring the previous drop, would be ideal if momentum builds. "$1.40 next level of resistance here on the 3-day timeframe," she concluded.

Meanwhile, influencer degengambleh believes WIF is forming a bottom, while crypto analyst Ali Martinez highlights a TD Sequential buy signal on WIF's 12-hour chart, indicating a potential rebound.

Martinez also identified the same signal on TRUMP's 12-hour chart, suggesting upside potential for both assets.

#dogwifhat $WIF could soon rebound as the TD Sequential indicator presents a buy signal on the 12-hour chart! pic.twitter.com/4ux8K00Wam
— Ali (@ali_charts) February 13, 2025

Nebraskangooner sees a clean 4-hour downtrend break and then further consolidation break.

$TRUMP

I Should've done a better job looking into this chart..

Nice 4H downtrend break and then further consolidation break. Pretty clean PA pic.twitter.com/qoD8KK7FFs
— Nebraskangooner (@Nebraskangooner) February 14, 2025

Statistics: In its latest earnings report, Coinbase highlighted a surge in meme coin activity, driven by an explosion of utility-free meme coins issued since the launch of the Pump.fun token-generating platform last year.

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