dogwifhat

Date: Mon, Sept 02, 2024, 04:25 AM GMTThe cryptocurrency market has kicked off September with the same <a href="https://coinsprobe.com/top-memecoins-pepe-wif-and-bonk-at-major-support-level-whats-ahead/" rel="noopener noreferrer nofollow">volatility </a>that marked August. Bitcoin (BTC) dropped another 1.48% today, pulling the total cryptocurrency market capitalization down by 1.53% to $2.02 trillion over the past 24 hours.Among the tokens feeling the pinch is Dogwifhat (WIF), a popular <a href="https://coinsprobe.com/web-stories/explore-top-10-new-memecoins-which-could-be-the-next-shiba-inu/" rel="noopener noreferrer nofollow">memecoin </a>that has seen its price tumble by over 25% in the last few days. While this drop might worry some investors, it appears to have created an attractive buying opportunity for larger players.In a notable move, a whale has been on a buying spree, snapping up 9.57 million WIF tokens, worth approximately $13.59 million, over the past four days. The transactions were tracked on both Binance and Bybit, according to data from <a href="https://x.com/lookonchain/status/1830425309877043695" rel="noopener noreferrer nofollow">Lookonchain</a>.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/087956aebd3b4879b7d960cf301f5ba8.png" />Source: Lookonchain XThis isn&#39;t the first time whales have shown interest in WIF. Just last week, on August 27, another significant purchase of 110,000 WIF tokens was <a href="https://coinsprobe.com/another-whale-buying-dogwifhat-made-significant-wif-transaction/" rel="noopener noreferrer nofollow">reported</a>. The recent accumulation suggests that despite the current price decline, some major investors see potential in WIF&#39;s future.As the broader market continues to fluctuate, it will be interesting to see if this whale activity signals a potential rebound for WIF or if further dips are on the horizon. For now, it’s clear that some are betting big on the memecoin’s recovery.

$WIF Accumulation: Whale Adds $13.59M Worth of Tokens In Just 4 Days

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