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🤯 Dogwifhat Whales Dump $16M Worth WIF Over The Week Dogwifhat whales have offloaded substantial amounts of their holdings which is nearly $16 million worth of WIF over the past week. The large sell offs have put a downward pressure on the memecoin’s price as it plunged over 14% in the last 24 hours. Notably, Dogwifhat has lost 25% in the past week and over 35% in the past month. The rapid decline in the memecoin’s value reflects a broader trend within the crypto market. Despite the broader market downturn, the trading volume of WIF has increased by 7.22%. $WIF #dogwifhat #WIF
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Some summaries, not investment advice. 2017 was the ICO era, and public fundraising directly replaced VC and PE, so the bull market in 2017-2018 belonged to the OG platform and proxy investment. As long as you grab a share, you can make money. In 2021, DeFi rose, and the actual market began to diversify and divert. As long as you run fast, you can make money. At that time, IEO could also negotiate with the project party to release a part of the shares to users, so the general pricing was low when it went online, and buying new instead of old was also a typical feature of this period. But now IEO is generally considered to have legal risks in most countries, so it can only be airdropped and market-priced, which means that if the circulation is large and the opening price is low, the project will perform relatively steadily, such as BB and Lista, but compared with 21 years, it is still too fast and lacks a sufficient wash process. The rise in 2024 was initiated by BTC ETF. The smart money in this wave belongs to the king-level projects and Lumao Studio. They love each other and have created a wave of beautiful data together. On the one hand, the project parties can raise more money from VCs (if you observe the top VCs in the market, they are all over a billion US dollars, which will indeed push up the pricing of good projects), and on the other hand, the project parties with money and users are full of confidence. There are millions of users on the chain. It doesn’t matter if they don’t go on a certain platform. There are many CEXs to go on. If there is no CEX, there are still DEXs. At worst, there are Dexes on their own chains. Trading platforms do not have pricing power, so for projects with high valuations, everyone should look at the fundamentals, not just the market value, but also the circulation.
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$LISTA Unfortunately it has become a casino. Where powerful and rich people (whales) are ruling and newbies came here to lost there wealth. I have lost 40% of my wealth in just few days. First they trap you in high price in few hours then they take everything from you in just few seconds or mintues.
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$LISTA Unfortunately it has become a casino. Where powerful and rich people (whales) are ruling and newbies came here to lost there wealth. I have lost 40% of my wealth in just few days. First they trap you in high price in few hours then they take everything from you in just few seconds or mintues.
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Which coin are you buying this weekend? $SOL $BTC $MATIC $BNB $ETH $ARB $DOT $ADA $XRP $SUI $MANA $SHIB $DOGE $PEPE $FLOKI $BONK $AVAX $XTZ $GMT
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