🔥💥Solana Meme Coins: Whales Buy Millions of MEW and SLERF
In an exciting plot, Solana meme coins seem to be making waves in the cryptocurrency sector by magnetizing huge whales to buy amid the recovery in the crypto Sunday. The in-chain information circulating on the crypto horizon shows about 500 million #MEW and 4 million SLERF accumulated by the whales on Binance in the last 24 hours. This reflected a frenzy among crypto market traders and investors globally and gave rise to speculation surrounding the future price movement of tokens Dec.
Whales Are Getting MEW and #SLERF Amid a Rise in the Market
According to information revealed by the blockchain analysis platform LOOKONCHAIN, while the broader crypto market is showing signs of recovery, two whales have withdrawn Solana, collectively worth about $ 3 million, to buy MEW and SLERF in the last 24 hours.
In particular, the whale going to the B3aTMg address bought 479.6 million MEW at an average price of $ 0.0032, pulling out 10,438 sols worth $ 1.54 million from Binance. Whale 2ZWLX9, on the other hand, attracted 8,561 SOL worth $ 1.27 million from Binance to buy 4 million SLERF at an average price of $ 0.317.
It is worth noting that these accumulations have gained significant interest in the broader crypto market, as the aforementioned Solana meme coins helped investors make millions immediately after their Sunday launch and recorded huge profits. However, MEW and SLERF have also witnessed price corrections recently; the weekly charts show a decrease in prices by 5% and 6.30%, respectively.
However, in parallel with today's crypto market recovery, in which the majority of cryptocurrencies recorded a pumping, MEW and SLERF also recorded significant gains. The aforementioned whale accumulations have further increased the upward trend for Solana meme coins.
