Fast Overview
- Present Market Efficiency: CWIF is buying and selling at $0.051284, down 19.34% in 24 hours however up 50.23% over the previous week.
- Historic Efficiency: ATH was $0.051985 on Could 25, 2024; ATL was $0.086665 on February 16, 2024, displaying 18,082.86% progress.
- Market Influences: BTC and ETH traits and US financial knowledge considerably have an effect on $CWIF’s efficiency.
- Buying and selling Evaluation: $CWIF consolidates inside a slim vary, indicating potential accumulation and potential breakout.
- Liquidity and Exchanges: FluxBeam is the first alternate with $CWIF/SOL pair displaying excessive liquidity; listed on P2B and CoinW as properly.
Catwifhat (CWIF) is at the moment buying and selling at $0.051284, marking a major shift in its valuation over the previous day and week. With a buying and selling quantity of $8,683,726.03 within the final 24 hours, CWIF has skilled a notable decline of 19.34% throughout the similar interval. Regardless of this short-term drop, the token has seen a outstanding enhance of fifty.23% over the previous week, reflecting the risky nature of cryptocurrency markets and the speculative curiosity that always drives such property.
The market capitalisation of CWIF stands at $43,041,530, supported by a circulating provide of 35 trillion tokens. This metric underscores the intensive distribution and excessive liquidity of the token, essential components for its buying and selling dynamics on exchanges.
CWIF Worth Up 18,082.86% from ATL of $0.086665
Traditionally, CWIF has displayed excessive worth actions, attribute of rising cryptocurrencies. The token hit an all-time excessive (ATH) on Could 25, 2024, at a worth of $0.051985. This peak was a latest improvement, emphasising CWIF’s fast ascent in market worth. Nonetheless, the present worth represents a 38.96% decline from this ATH, highlighting its challenges in sustaining its peak valuations amidst market volatility.
Conversely, CWIF’s all-time low (ATL) starkly contrasted, recorded at $0.086665 on February 16, 2024. This dramatic fall, adopted by a considerable restoration, showcases the token’s potential for prime returns regardless of vital dangers. The worth change from the ATL to the present worth stands at an astronomical 18,082.86%, demonstrating the explosive progress potential in the appropriate market circumstances.
BTC Fails $70K; ETH Nears $4K; Influence on The CWIF Token
The broader cryptocurrency market traits considerably impression CWIF’s efficiency. Bitcoin (BTC) and Ethereum (ETH), the main digital property by market capitalisation, function barometers for the general market well being. BTC is at the moment buying and selling at $68,440, having failed to interrupt the essential $70,000 resistance degree on account of profit-booking pressures. This stagnation in BTC’s worth could current alternatives for altcoins like CWIF to draw investor consideration, as advised by analysts Shivam Thakral and Rajagopal Menon.
Equally, Ethereum is buying and selling at roughly $3,906, displaying sturdy shopping for curiosity because it approaches the $4,000 mark. ETH’s upward momentum, supported by strong buying and selling volumes, signifies a bullish sentiment that would spill over into altcoin markets, probably benefiting CWIF.
CWIF Worth Vary $0.051161-$0.051611 in 24 Hours
The buying and selling vary for CWIF over the previous 24 hours has been between $0.051161 and $0.051611, reflecting a comparatively secure however slim worth band. Over the previous week, the token’s worth has fluctuated between $0.067377 and $0.051957, indicating larger volatility and potential buying and selling alternatives.
Technical evaluation means that CWIF is at the moment consolidating after a interval of great worth actions. The slim 24-hour vary signifies a potential interval of accumulation, the place buyers are gathering positions earlier than a possible breakout. Given the substantial buying and selling quantity and market curiosity, a breakout might result in a retest of the latest ATH or probably set up new highs.
The Token Could Rise with Optimistic US Financial Information
The upcoming US financial knowledge launch will possible have a substantial impression on investor sentiment throughout monetary markets, together with cryptocurrencies. As highlighted by Shivam Thakral, this knowledge can be essential in figuring out the path of market traits. Ought to the financial indicators recommend optimistic progress, it might improve danger urge for food amongst buyers, thereby boosting demand for high-risk property like CWIF.
Nonetheless, Rajagopal Menon cautions that the present technical indicators for main cryptocurrencies present potential bearish traits. This sentiment might result in short-term downward strain on altcoins, together with CWIF, as buyers reassess their danger publicity.
CWIF on FluxBeam: $248.87K Quantity with SOL Pair
CWIF’s main alternate is FluxBeam, with a major buying and selling pair being CWIF/SOL. The 24-hour buying and selling quantity on this pair quantities to $248,868, indicating a wholesome degree of liquidity and lively buying and selling curiosity. Moreover, CWIF is listed on different exchanges similar to P2B and CoinW, additional enhancing its accessibility and buying and selling quantity.
The totally diluted valuation (FDV) of CWIF matches its market cap at $43,041,530, reflecting a most token provide of 999.95 trillion. This intensive provide poses challenges for substantial worth appreciation until matched by equal demand progress. Due to this fact, market participation and liquidity stay pivotal for sustaining $CWIF’s market worth.
The Token Could Retest ATH; Future Development Depending on Traits
Contemplating the historic efficiency and present market circumstances, CWIF has the potential for continued progress, albeit with inherent volatility. The latest worth actions recommend that the token has confronted downward strain. Nonetheless, it stays in a powerful place for future beneficial properties, given applicable market circumstances.
Within the brief time period, predictions point out that CWIF would possibly consolidate round its present worth. There may be potential for upward actions if broader market traits flip beneficial. Moreover, a retest of the ATH is believable if there’s a resurgence in shopping for curiosity. This is able to be notably pushed by optimistic financial knowledge and elevated altcoin dominance as BTC consolidates.
In the long run, CWIF’s worth trajectory will largely rely on its potential to maintain investor curiosity. Furthermore, the event of its underlying expertise or utility will play a major position. General market circumstances can even be a figuring out issue. Due to this fact, buyers ought to stay vigilant of broader market indicators and financial indicators. These can be essential in shaping the way forward for CWIF.
Catwifhat (CWIF) represents a dynamic and high-potential asset throughout the cryptocurrency panorama. Its latest worth historical past displays each vital dangers and alternatives inherent in crypto investments. As market traits proceed to evolve, CWIF’s efficiency can be carefully tied to broader financial components and investor sentiment. By staying knowledgeable and strategically navigating these traits, buyers can higher place themselves to capitalise on CWIF’s potential whereas mitigating related dangers.
