Crypto Whale Acquires Solana-Based WIF, POPCAT, And Other Meme Coins

A crypto whale has boosted meme coins by making significant purchases of Solana-based coins such as WIF, FWOG, POPCAT, and MICHI amid growing enthusiasm

A crypto whale has made some significant purchases of Solana-based meme coins, boosting the enthusiasm for the broader meme coin sector. The crypto whale’s activity is boosting both WIF and POPCAT, impacting the sentiment surrounding all Solana-based meme coins.

According to Lookonchain, a crypto whale has purchased 7.25 million WIF and 5.77 million POPCAT, valued at approximately $13.34 million and $3.83 million, respectively. Both meme coins are experiencing bullish speculation, which is also impacting the sentiment surrounding all Solana-based meme coins.

The crypto whale’s activity is also impacting the rankings of the most popular Solana meme coins, which are changing almost every hour as these tokens achieve notable gains in the market. Currently, the leading Solana meme coins are XP and Victorious, with respective increases of 510.7% and 201.6%. Their trading values are $0.0003543 and $0.00008787.

At the same time, other Solana digital assets are also gaining popularity, with the recent actions of crypto whales suggesting that traders are taking advantage of the latest market dip. For example, BONK’s price dropped by 14% in the last 24 hours. Investors are rushing to collect this digital coin before its potential rebound.

The meme coin market is continuing to be in the spotlight as whales are making some significant movements. For example, PEPE Coin, the popular frog-themed coin, has experienced an 11.16% correction in the last 24 hours, reaching $0.00001819. This decline has sparked market discussions, particularly after a whale deposited 27 billion PEPE tokens worth $8.5 million to Kraken.

The possible integration of meme coins into X payments, particularly a Dogecoin integration, is additionally fueling excitement surrounding meme coins. This is intensified by Elon Musk’s previous support of the top dog-themed coin.

Investors looking for other opportunities within the meme coin market could consider Solaxy (SOLX), another promising Solana-based token in space. Solaxy has already attracted over $9.2 million in capital from early investors.