dogwifhat

Flow

Solana

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 <p>A deep-pocketed investor is accumulating massive amounts of two Solana (SOL)-based memecoins, on-chain data shows.</p>
 <p>Blockchain-monitoring service Lookonchain says that one trader just bought 181 million cat in a dog’s world (MEW) after buying 776,830 <a rel="noopener noreferrer nofollow" title="dogwifhat" href="https://thebittimes.com/tag/dogwifhat.html">dogwifhat</a> (WIF) less than two weeks earlier.</p>
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 <p><em>“A smart money is buying MEW with a new wallet, and has spent 6,000 SOL ($1.15 million) to buy 181 million MEW [on Monday]. This smart money spent 10,000 SOL ($1.91 million) to buy 776,830 WIF ($3.18 million) on March 20th, with an unrealized profit of $1.27 million. He also made 4,893 SOL ($934,000) on SLERF.”</em></p>
 <p>At time of writing, MEW is worth $0.007718, up over 45% in the past day, WIF is trading for $3.96, down nearly 7% in the last 24 hours and Solana-based meme token Slerf (SLERF) is trading for $0.47, down nearly 11% in the last 24 hours.</p>
 <p>Solana’s explosive memecoin ecosystem is being closely tracked by many in the crypto space including pseudonymous trader The Flow Horse.</p>
 <p>He believes cat in a dog’s world could go mainstream on top US crypto exchange Coinbase before <a rel="noopener noreferrer nofollow" title="dogwifhat" href="https://thebittimes.com/tag/dogwifhat.html">dogwifhat</a>, which is currently the biggest memecoin on Solana.</p>
 <p><em>“At this rate, MEW looks like it will get a Coinbase listing before WIF. All joking aside, don’t fade the project that comes out of nowhere with a stacked book and an oddly high market cap.”</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/smart-money-trader-accumulates-dogwifhat-wif-and-one-more-solana-based-memecoin-lookonchain-tbt84306.html">https://thebittimes.com/smart-money-trader-accumulates-dogwifhat-wif-and-one-more-solana-based-memecoin-lookonchain-tbt84306.html</a></p>

‘Smart Money’ Trader Accumulates dogwifhat (WIF) and One More Solana-Based Memecoin: Lookonchain

TheBitTimes

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