Assist for the meme coin phase is now stronger than earlier than with a mysterious crypto whale pockets continuing to buy the likes of WIF, POPCAT, and different meme cash in massive numbers. Solana meme cash are gaining traction throughout the crypto sphere although the worth change within the final 24 hours remained bearish.
Crypto Whale Accumulates WIF, POPCAT, And Different Meme Coins
A crypto whale, recognized as a mysterious whale within the newest Lookonchain report, has reportedly purchased 7.25 million WIF and 5.77 million POPCAT for an approximate worth of $13.34 million and $3.83 million, respectively. This has triggered bullish futuristic hypothesis for each meme cash with sentiments spreading throughout the sphere of Solana meme cash.
Different meme cash that the mysterious whale bets on are 4.57 million FWOG and three.9 million MICHI for a tough worth of $922k and $467k.
That stated, Solana meme cash and different tokens from the phase are on the middle of the stage with the neighborhood speculating their future worth. It’s concurrently anticipated that a number of the top meme coins in January 2025 may see shifts of their rankings if the development sustains any longer.
Solana Meme Coins Are Gaining Traction
A few of the high Solana meme cash may be seen making important beneficial properties, a lot in order that the positions are altering practically each hour. The present high Solana meme coin gainers are XP and Victorious, up by 510.7% and 201.6%, respectively, because the article is being drafted. Their buying and selling values are $0.0003543 and $0.00008787, relevant in the identical order.
Concurrently, different top Solana meme coins are additionally gaining traction, with the latest crypto whale’s motion indicating that the merchants are shopping for the dip. For example, BONK value was down by 14% within the final 24 hours and buyers are flocking to build up the token earlier than it marks any uptick.
The sentiment is equally relevant for WIF which is down by 10.4% throughout the identical time window. In different phrases, Solana meme cash have declined in a single day and buyers are catching the trace of correction to buy the dips.
Meme Coin Sector In Focus
The crypto whales are making important strikes within the meme coin sector at the moment. For example, the frog-themed meme coin PEPE Coin value was down by 11.16% within the final 24 hours to a price of $0.00001819 with a whale sparking market discussions. The whale has deposited 427 billion PEPE tokens price $8.5 million to Kraken as the worth slips lately.
Nevertheless, regardless of the latest downturn, many have predicted a possible rally forward for the meme cash. As well as, the rising neighborhood help and rising meme traits on social media platforms may additional enhance the costs increased.
Apart from, the anticipation of meme coin’s integration into mainstream funds gained traction. Notably, speculations have soared over Dogecoin integration into X funds, particularly with Elon Musk’s backing for the top dog-themed meme coin beforehand.
Disclaimer: The offered content material could embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.