Did you miss BONK, FLOOR, WIF? Whales Are Now Getting These Meme Coins

Alonzo

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Crypto News Squad
Jul 16, 2023
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”altcoin-news”

Did you miss bonk, FLOOR, WIF? Whales Are Now Getting These Meme Coins



In the fast-paced world of cryptocurrency, meme coins are making Waves, rising in price and attracting investors’ attention. While popular cryptocurrencies like dogecoin and Shiba Inu have long dominated the scene, new players are also it’s coming outIt increases the madness.

But amid recent market volatility, some meme coins have lost value push, others are gaining traction. Whales, influential owners with significant holdings, are now turning their attention to two particular meme coins, causing intrigue in the crypto community.


Whale Shifts Focus from BONK, BODEN and WIF


The meme coin industry has recently attracted the attention of market participants, as evidenced by their recent performance. However, it is worth noting that a flurry of short-term investors are taking advantage of low-cost meme coins to make profits.

Meanwhile, recent data from on-chain tracking platform Lookonchain has revealed a shift in focus among cryptocurrency whales. A prominent whale, paulo.sol, has been observed accumulating two meme coins: PUPS and POPCAT. This legendary whale has a history of shrewd investments; He made significant profits from meme coins such as BONK, WIF and BODEN.

According to Lookonchain’s report, paulo.sol’s attention turned to PUPS and POPCAT after significant success with other meme coins. Paulo stands out in the report.The left’s strategic moves, including timely investments in BONK, WIF and BODEN, Which produced impressive returns.


Also Read: XRP Whales Shift 180 Million XRP as Judge Announces New Order in ripple Case

A Closer Look at Meme Coin Accumulation



Known as paulo.solThis legendary figure has made significant profits from meme coins such as WIF, Boden and BONK. Paulo.sol’s strategic moves include purchasing BONK at the beginning of November 2023 and benefiting from its rise for a while longer. large snow. Similarly, WIF and Boden were acquired following their sharp rises in December 2023 and March 2024, respectively.

Currently paulo.sol holds significant amounts of Boden and WIF worth $7.6 million and $5.7 million respectively. However, recent reports indicate that the focus has shifted, with paulo.sol entering the new realm of meme coins.

Meanwhile, he became the largest PUPS holder on solana after investing $5.97 million and purchasing 101,712 tokens since April 11. Additionally, paulo.sol spent $1.77 million on POPCAT, securing 4.3 million tokens at $0.42 each. These moves suggest a calculated strategy from Paulo.LeftIt is attracting attention and speculation within the crypto community.


However, despite the latest accumulation, as of the time of writing, the PUPS price changed hands at $36.57, down 2.24%, while the transaction volume decreased by 23.67%, falling to $2.82 million. Especially, Crypto is up about 5% in the last 30 days.

PUPPIES Price

On the other hand, POPCAT price traded at $0.4616 with an increase of 41.01% today. Trading volume in the last 24 hours increased by 38.67% to 153.15 million dollars. Especially, POPCAT price increased by almost 220% penultimate seven days.

POPCAT Price

Also Read: Former Ethereum Adviser Reaffirms ETH Is A Security Amid Consensys vs SEC Lawsuit



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A seasoned professional with 3 years of experience in the financial market, Rupam has honed his skills as a meticulous research analyst and insightful journalist. She enjoys exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam’s expertise goes beyond traditional boundaries. His contributions include breaking news, examining AI-related developments, providing real-time crypto market updates, and providing insightful economic news. Rupam’s journey is marked by his passion to demystify the intricacies of finance and deliver impactful stories that will resonate with diverse audiences.





The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any liability for your personal financial loss.








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