WIF is not a traditional project, its biggest feature is “no white paper, no clear roadmap,” and it completely relies on community consensus to operate. This decentralized operating model has made it rapidly popular in the meme circle.
Since July, the WIF community has launched a series of topic activities:
These activities greatly enhanced the sense of participation and also led to its X platform account followers surpassing 600,000, making it one of the most talked-about projects in the meme sector.
According to Gate market data:
WIF is currently in a range-bound phase, suitable for short-term trading and attention from medium-term investors.
On-chain data shows that a large number of small wallets have been buying in successively below 1.05 USDT, indicating that retail investors are accumulating on dips. In addition, whale accounts have also been continuously increasing their positions recently, “ignoring market fluctuations.” Such signals often appear in bottom areas and are a precursor to market maker capital locking.
Despite the lack of fundamental support for meme coins, their strong community drive and highly viral image culture still possess the ability to attract capital during a bull market. WIF has:
These factors may continue to give it “surge” potential in the future.
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