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Anomaly04CRYPTO2026-05-08

WIF prints a 90-day intraday high on 5.3x average volume — then closes 15% below the peak

  • dogwifhat (WIF) hit an intraday high of $0.262 on May 6 — a new 90-day intraday peak — but closed at $0.222, leaving a gap of 15.3% between the intraday high and the closing price (an upper wick, indicating sellers pushed back hard near the top).
  • Volume was $1.08 billion, 5.28 times the 14-day average of $205M — the fifth-highest volume ratio in the dataset that day.
  • The wick-rejection pattern at a 90-day high on heavy volume is a technically notable signal for one of the largest meme tokens by market cap.

Supporting queries

To surface this insight, Baselight ran 4 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

May 6 intraday high $0.262 vs close $0.222 = 15.3% gap. 90d prior intraday high $0.263. Volume $1.083B vs 14d avg $205M = 5.28×. 7-day return +24.4% (from $0.178 on Apr 29); 30-day return +24.3%.

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