dogwifhat

Solana

Memecoin

<div class="dailyhodl"> 
 <p>A trader’s $310 investment into the Solana (SOL)-based memecoin dogwifhat (WIF) is now valued at more than $4.1 million, according to the crypto tracker Lookonchain.</p> 
 <p>Lookonchain notes the trader used 5.288 SOL worth $310 to buy 2.58 million WIF in late November. The value of that WIF has since skyrocketed by 13,307x.</p> 
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 <p>Over the weekend, the trader sold 750,000 WIF for 9,363 SOL worth $1.21 million, and they still own 1.83 million WIF worth $2.91 million.</p> 
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  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHzfLNfbQAAcK_F?format=jpg&amp;name=4096x4096" alt="Image" width="2776" height="1230">
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   Source: Lookonchain/X
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 <p>WIF is trading at $1.71 at time of writing. The 68th-ranked crypto asset by market cap is up more than 5% in the past 24 hours, more than 216% in the past week and more than 900% since the start of 2024.</p> 
 <p>That WIF purchaser isn’t the only crypto trader to score staggering gains off a memecoin recently: Lookonchain also reports that a different entity has seen the value of their Pepe (PEPE) holdings surge.</p> 
 <p>The crypto tracker notes a trader bought 600 billion PEPE worth $1.04 million from Binance at a high price 10 months ago and has held onto it ever since. Now, that trove of PEPE is worth approximately $3.35 million.</p> 
 <p>The trader deposited 200 billion PEPE worth $1.48 million to Binance and still holds 400 billion of the frog-theme memecoin, according to Lookonchain.</p> 
 <p>PEPE is trading at $0.000008 at time of writing. The 39th-ranked crypto asset by market cap is up more than 25% in the past 24 hours, 300% in the past week, and 700% since the start of 2024.</p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/trader-turns-310-into-4-100-000-being-early-into-solana-memecoin-dogwifhat-wif-lookonchain-tbt81669.html">https://thebittimes.com/trader-turns-310-into-4-100-000-being-early-into-solana-memecoin-dogwifhat-wif-lookonchain-tbt81669.html</a></p>

Trader Turns $310 Into $4,100,000 Being Early Into Solana Memecoin Dogwifhat (WIF): Lookonchain

TheBitTimes

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