Crypto Express

07/11 05:43

WIF Buyers make a strong comeback

After sitting on the sidelines, dogwifhat investors have returned to the market with strength. For the first time in over a month, the memecoin has recorded three consecutive days of a positive Buy-Sell Delta. 

According to Coinalyze, WIF saw 17.3 million in Buy Volume compared to 16 million in Sell Volume on the 10th of July.

Over the past three days, the memecoin has recorded a cumulative total of 91.79 million in Buy volume. 

Over the same period, the memecoin saw $89.52 million in Sell Volume. As a result, WIF recorded a positive Buy-Sell Delta of 2.27 million. 

Such a sustained period of significant pressure indicates that buyers are dominating the market, outpacing sellers.

Historically, such a market set-up has preceded higher prices as upward pressure on the asset intensifies. 

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