It looks as if a giant crypto whale has additionally been caught up within the memecoin wave that has been gaining momentum these days.
In line with onchain knowledge supplied by Lookonchain, a large crypto whale bought $2.7 million price of Solana (SOL) at this time and acquired dogwifhat (WIF) and Bonk (BONK).
The whale pockets used $1.57 million of the funds it obtained from the SOL sale to purchase WIF at a median worth of $3.87, and $1.13 million of the funds it obtained from the SOL sale to purchase BONK at a median worth of $0.0000387.
When the newest up to date knowledge is examined, it’s seen that the WIF worth is traded at $ 3.99, whereas BONK is at $ 0.00003782. In different phrases, the whale pockets has made a revenue on the WIF token, however has some losses on BONK.
The memecoin craze is very felt within the Solana ecosystem. The PNUT token, which was launched not too long ago however nonetheless reached a market worth of $ 1.82 billion, can also be among the many altcoins within the Solana ecosystem.
*This isn’t funding recommendation.
