Dogwifhat Memecoin Rollercoaster: WIF Rises 3% While SHIB Drops 7%

WIF experienced a 3% price rise while SHIB dropped 7% in the last 24 hours, with WIF's social volume remaining higher than SHIB's. WIF's recovery looks promising, with potential targets of $3.9 and beyond, but selling pressure is increasing. On the other hand, SHIB's metrics are bearish, with its MVRV ratio dropping and NVT Ratio spiking, suggesting overvaluation and potential further price decline.