dogwifhat

Solana

Shiba Inu

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<p>According to the blockchain data analytics firm<a href="https://twitter.com/lookonchain/status/1765968075206345145?s=20" target="_blank" rel="nofollow"> Lookonchain (@lookonchain)</a>, the developer of the Solana-based meme coin WIF (WIF) made a seemingly unfortunate move that cost them a massive potential profit. In a tweet, Lookonchain revealed, “The saddest thing is that the $WIF dev sold 350M $WIF for 511 $SOL($29K) within 2 days after open trading. The 350M $WIF is worth 693M currently!”</p> 
<h2 class="wp-block-heading" id="remaining-wif-tokens-and-missed-opportunity">Remaining WIF Tokens and Missed Opportunity</h2> 
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<p>While the developer had already sold a significant portion of their WIF tokens for a relatively small sum, Lookonchain highlighted that they still had some tokens left in another wallet. In a follow-up tweet, the firm stated, “But he still had a wallet left that did not sell$WIF immediately. This wallet also spent 2$SOL($110) to buy 489,674$WIF and sold 12.4M$WIF for 896K$USDC. There are currently 589,199$WIF($1.17M) left.”</p>  
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   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF?
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<h2 class="wp-block-heading" id="massive-missed-profit">Massive Missed Profit</h2> 
<p>Based on the information provided by Lookonchain, the WIF developer had initially sold 350 million WIF tokens for around $29,000 worth of SOL tokens. However, those 350 million WIF tokens are now worth a staggering $693 million, meaning the developer missed out on a potential profit of approximately $653,000,000 by selling too early.</p> 
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<p>While the developer still holds some WIF tokens worth around $1.17 million, the missed opportunity to earn over $653 million serves as a cautionary tale for traders and developers alike, highlighting the importance of timing and market analysis in the volatile world of cryptocurrencies and <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank">meme</a> coins.</p> 
<p>You may also be interested in:</p> 
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 <li><a href="https://captainaltcoin.com/wp-admin/post.php?post=449873&amp;action=edit" target="_blank">Solana’s Network Price Surge: Is Another Leg Up Imminent? SOL Experts Eye Further Gains</a></li> 
 <li><a href="http://fetch.ai" target="_blank" rel="nofollow">Fetch.ai Price Surges: Here is Why Top Analysts Predict FET’s Rise to “Double Digits” Amid AI Boom</a></li> 
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<p>The post <a href="https://captainaltcoin.com/how-one-trader-missed-out-on-earning-653000000-with-solana-meme-coin-wif/">How One Trader Missed Out on Earning $653,000,000 with Solana Meme Coin dogwifhat (WIF)</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

How One Trader Missed Out on Earning $653,000,000 with Solana Meme Coin dogwifhat (WIF)

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