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Cryptocurrency News Articles

Solana Memecoin SelfieDogCoin ($SELFIE) Experiences Staggering 570% Rise in One Week

Jul 28, 2024 at 01:05 pm

The token's market capitalization has now surpassed $50 million, drawing significant attention in the crypto community.

Solana Memecoin SelfieDogCoin ($SELFIE) Experiences Staggering 570% Rise in One Week

Solana memecoin SelfieDogCoin ($SELFIE) has seen a massive rally, with its price up over 570% in a week and 850% in a month.

The token now has a market cap of over $50 million, grabbing attention in the crypto space.

Woke up to $SELFIE at $50m

When it was at $2m, I threw $10k but still was waiting for a $1m dump to ape more

My thought was that $2m was already a good top for the actual market and it's probably can run to $5m but no more

Today, my bag is worth $250k and I still haven’t sold a… pic.twitter.com/kbXoVxc0XZ

— ram (@0xRamonos) July 27, 2024

Top Whale In $MICHI, $MOTHER and Others Capitalizes On This Surge

One of the big players in $MICHI, $MOTHER, $MINI and more has capitalized on this pump.

He entered $SELFIE at its lowest point and has an unrealized PNL of $645k (+1175% ROI) after buying $10k when $SELFIE had dipped -95%.

He had earlier put in $45k in $SELFIE and was down bad during the 95% dump in $SELFIE token.

This absolute CHAD has unrealized PNL of $645k (+1175% ROI) after buying $10k USD at the very bottom of $SELFIE @SelfieDog_SOL after it dipped to hell (-95%), he had already put in $45k and was down bad.

$SELFIE reached $45M marketcap two weeks later.

He's a whale on $MICHI… pic.twitter.com/C7OnoH0GY8

— Solsniffer (@solanasniffer) July 27, 2024

This whale entered $SELFIE when it had plunged to a low of $45 million, and in two weeks, the marketcap surged to $50 million, signaling a strong recovery and rally in the token's price.

This rapid appreciation in $SELFIE's marketcap highlights the volatility and potential for significant gains within the memecoin sector, as traders and investors aim to capitalize on the attention and hype surrounding these tokens.

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