How to Buy Dogwifhat on Top Exchanges
The meme coins landscape doesnt continue to surprise us, and thus, in the past days, Dogwifhat (WIF) price surged remarkably, signaling a buy-the-dip market sentiment.
Not to mention that there is an overall buzz around it, showcasing strong positives for the future. This meme coin has skyrocketed 950% since its launch in December 2023.
As a result, it is natural to wonder how to buy Dogwifhat and from where. Thus, weve already done it for you. In the following chapters, youll learn how to easily buy Dogwifhat and what Dogwifhat exchanges are available on the market.
What is Dogwifhat (WIF)?
Dogwifhat (WIF) is a notorious meme coin built on the Solana blockchain. It rapidly grew in popularity due to its unique brand identity, the Shiba Inu puppy with the pink hat, even though its utility is questionable.
Despite its lack of utility and high volatility, this crypto asset became a top performer 2024 meme coin on some of the most popular exchanges. Even on their official website, it is advertised as literally just a dog with a hat.
Dogwifhat Price and Stats:
- Current market cap: $1,517,945,134;
- 24 hour trading volume: $194,952,662;
- Circulating supply: 998,845,519 WIF;
- Total supply: 998,845,519 WIF;
- Fully diluted market cap: $1,517,951,533;
- 1 WIF = 1.52 USD;
- All-time high, March 31, 2024: $4.85;
- All-time low, January 08, 2024: $0.0677;
How Does Dogwifhat (WIF) Work?
Before learning how to buy WIF and make WIF trades, it is essential to understand how this SPL token works on the Solana blockchain.
Thus, Dogwifhat has simple tokenomics:
- A current market cap of $1,513,426,941;
- A fixed supply of 998.9 million WIF tokens;
- No staking, burning, or DeFi;
- No utility function;
Also, its value is based on community and Dogwifhat price speculation, and given these properties, buying and selling Dogwifhat depends on community and market sentiment, and its fixed supply contributes to price appreciation.
But these details didnt draw back all the traders who made it possible for this crypto asset to outperform popular tokens such as Shiba Inu and Pepe Coin, make substantial gains in mid-March 2024, reach a market cap of over US$2.9 billion, and surge 153,196% in price.
How to Buy Dogwifhat: Tips and Tricks
Lets examine what you must consider when buying Dogwifhat. By following these criteria, you can easily trade Dogwifhat.
Step 1: From where do you buy Dogwifhat
As with any tokens and meme coins, you can buy WIF on most crypto exchanges as they support crypto-to-crypto pairs.
Thus, theres MEXC, Binance, Crypto.com, and other exchanges. However, checking out the trading fees and other details is essential, as most crypto exchanges require a minimum $50 card deposit.
Step 2: How much will you invest?
The rule of thumb is to look at the current WIF price and see how much you are willing to invest, but please take note of its high volatility as well.
Also, you can use an ROI calculator to check out potential gains and perform market research to ensure youre on the safe side.
Step 3: Register on a secure crypto exchange
Now, you register and create a secure crypto exchange account. Usually, you need an email address and a password, depending on your choice, to pass the KYC verification.
As a result, youll be able to perform daily Dogwifhat trades efficiently and using various payment methods.
Step 4: Fund your crypto exchange account
You can make deposits into your exchange account, but be sure to check the payment fees and the minimum deposit requirements.
Step 5: Set up a Dogwifhat trading order
This process is very simple: You must set up a trading order, choose your investment amount, and confirm the order.
Step 6: Consider where do you store Dogwifhat
At this step, you must agree on a crypto wallet to keep your assets safe, regardless of its type, yet it is essential to know that exchange wallets arent that secure compared to a cold wallet.
So, research the best crypto wallet for your needs and the pros and cons of each one, in addition to supporting the Solana network.
Some notorious wallets are:
- Robinhood crypto wallet;
- TrustWallet wallet;
- OKX wallet;
Where to Buy: Dogwifhat Exchanges
1. Buy Dogwifhat on Kraken: Step-by-Step Guide
Step 1: Create your Kraken account
Step 2: Choose a payment method
Step 3: Buy Dogwifhat
2. Buy Dogwifhat on Crypto.com: Step-by-Step Guide
Step 1: Create or log in to your Crypto.com account via mobile app
Step 2: Fund your account via bank transfer, Apple Pay, or credit/debit card payment
Step 3: Buy Dogwifhat
Buying Dogwifhat on Crypto.com is simple, especially when you can use fiat currencies like USD, EUR, and GBP and a wide selection of cryptocurrencies, including BTH, ETH, SOL, USDC, and others.
3. Buy Dogwifhat on Binance: Step-by-Step Guide
Buy Dogwifhat on Binance with Debit/ Credit Card:
- Create a Binance account or log in to your existing account;
- Go over the buying page, select Dogwifhat and USD from the dropdown menu;
- Choose Card as the payment method, and click Confirm;
- Verify your order details on the payment page and confirm promptly. For a new quote, click Refresh;
- Place your order by clicking Confirm;
- You will be redirected to your banks OTP transaction page.
- Once verified, WIFs will appear in your wallet.
Buy Dogwifhat with Google Pay or Apple Pay
- Create a Binance account or log in to your existing account;
- Go over the buying page, select Dogwifhat and USD from the dropdown menu;
- Choose Google Pay/ Apple Pay as your payment method and press Confirm;
- Click the Buy button, verify details, and confirm the order;
- The purchased WIFs will shortly be in your wallet.
Dogwifhat Investment: Price and Forecasts
Based on recent analysis, the Dogwifhat is set to rise by 226.48% and reach $5.08 by mid-October 2024. Also, the current market sentiment is bearish, with 33% Fear on the Fear and Greed index.
By the end of 2024, Dogwifhat is expected to trade between $1.502046 and $7.06. If it reaches the upper price target, WIF could increase by 361.42% and reach $7.06.
Long-term Dogwifhat Price Prediction
2025
- Yearly Low: $1.502046;
- Yearly High: $7.06;
2026
- Yearly Low: $1.25459;
- Yearly High: $3.97;
2027
- Yearly Low: $1.374432;
- Yearly High: $2.80;
2028
- Yearly Low: $2.02;
- Yearly High: $4.76;
2029
- Yearly Low: $3.79;
- Yearly High: $9.45;
2030
- Yearly Low: $3.74;
- Yearly High: $6.07;
Final Thoughts on How to Buy Dogwifhat (WIF)
As we know, Dogwifhat offers a unique opportunity for investors seeking exposure to the meme coin market. Still, due to their inherent risks and volatility, its essential to approach investing in meme coins cautiously.
You can decide whether Dogwifhat aligns with your investment goals by carefully considering market sentiment, price volatility, and personal risk tolerance.
Therefore, always prioritize security by using reputable exchanges and wallets to safeguard your assets.
FAQ
How can I purchase Dogwifhat?
- Choose a reputable cryptocurrency exchange: Popular options include Kraken, Crypto.com, and Binance.
- Create an account: Register for an account on your chosen exchange, providing the necessary information and completing verification steps.
- Deposit funds: Fund your account with your preferred payment method, such as a bank transfer, credit card, or cryptocurrency.
- Search for Dogwifhat: Use the exchanges search function to find Dogwifhat (WIF).
- Place an order: Decide how much Dogwifhat you want to purchase and place a market order or limit order.
- Store your Dogwifhat: Transfer your purchased Dogwifhat to a secure wallet like Trust Wallet or a hardware wallet like Ledger or Trezor for safekeeping.
Where can I buy Dogwifhat coin?
You can purchase Dogwifhat on several cryptocurrency exchanges, such as:
- Kraken: A well-established exchange known for its security and a wide range of supported cryptocurrencies.
- Crypto.com: Offers a user-friendly platform with various financial services, including cryptocurrency trading.
- Binance: One of the largest cryptocurrency exchanges in the world, providing a vast selection of coins and tokens.
Please note that the availability of Dogwifhat on these exchanges may change over time.
Can I buy Dogwifhat on Binance?
You can buy Dogwifhat on Binance, a major cryptocurrency exchange that often lists popular meme coins like Dogwifhat.
How to buy Dogwifhat in the UK?
You can buy Dogwifhat on Kraken. Just create your free account, fund your account, and buy Dogwifhat (WIF).
The post How to Buy Dogwifhat on Top Exchanges appeared first on Coindoo.
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Text source: Coindoo
