The memecoin $WIF has garnered attention for its significant price movements, having previously surged to an all-time high (ATH) of $4.85. Currently, $WIF is trading at $1.39, leading to speculation among investors about its potential for recovery. Some traders believe that despite its past performance, there may still be opportunities for gains, as evidenced by its earlier increase of 1000x to a market capitalization of $40 million. Discussions among traders indicate a mix of optimism and concern regarding whether $WIF has reached its peak or if it can regain its previous highs.