While meme coins continue to attract great interest from crypto investors, a whale that opened a new budget purchased Shiba Inu and #PEPE from the Binance exchange.

While 2024 continues to be the year of meme coins, a whale purchased 4.5 million and two meme coins from the Binance exchange. According to the performance of the on-chain data tracking platform Lookonchain, a new and never-before-used whale wallet purchased #SHIB and PEPE from Binance.

The whale, which purchased 1.5 million #SHIB Inu and 2.9 million 150 billion $PEPE , later drew attention to these coins from the exchange.

This year, PEPE in particular saw a very serious rise, showing an increase of nearly 2000% since last year. Shiba Inu also increased by more than 200% in the last year.

2024 was the year of meme coins, especially with Bitcoin. While many altcoins are exactly where they stand, meme coins, especially Solana-based ones, are providing investors with much more profit.

While many exchanges are listing new meme coins, the total meme coin market value has exceeded $100 billion.

While some analysts say that the season will continue to strengthen and even create a ā€œsuper cycle,ā€ others think that this madness will end now.

#MemeWatch2024 #memecoins #binance