The meme coin sector has been growing rapidly and gaining momentum recently. While the interest of cryptocurrency whales in this area has also increased, the large investments made in meme coins such as WIF Token, POPCAT, FWOG and MICHI, which have gained popularity especially on the Solana network, are drawing attention in the market. This rise was further strengthened by the significant whale purchases that took place on January 8.
Crypto Whale Seeks Opportunity by Investing in Meme Coins
According to Lookonchain reports, a mysterious crypto whale purchased 7.25 million WIF Tokens worth around $13.34 million in total. The same whale also purchased 5.77 million POPCATs worth $3.83 million, 4.57 million FWOGs worth $922,000, and 3.9 million MICHIs worth $467,000. These large investments have raised positive expectations, especially for Solana-based meme coins.
These high volumes of purchases have led to speculations among investors that the value of these coins will increase in the future. Some analysts predict that such moves could significantly change market dynamics and rankings by 2025.
Big Gains and Drops in Solana-Based Meme Coins
Recently, some meme coins on the Solana network have seen notable gains. For example, XP is up 510.7% to $0.0003543, while Victorious is up 201.6% to $0.00008787. These price movements continue to attract investors’ attention.
However, some meme coins have lost value in the last 24 hours. Coins like BONK and WIF have fallen by 14% and 10.4% respectively. Despite these declines, investors continue to buy at these falling levels. This shows that investors are adopting strategies to turn short-term corrections into opportunities.
Meme Coin Industry Continues to Become a Focus for Crypto Whales
Another example of crypto whales making big moves in the meme coin sector is PEPE Coin. Having lost 11.16% in value in the last 24 hours, PEPE Coin is currently trading at $0.00001819. At the same time, a whale sent 427 billion PEPE tokens to the Kraken exchange for approximately $8.5 million. This major transaction has sparked market discussions.
Bullish Prospects for Meme Coins and Possibility of Mainstream Integration
Despite the price drops on meme coins, many experts are predicting a major uptrend in the sector. Meme trends, especially those spreading rapidly on social media and growing community support, are signs that the prices of these coins could gain upward momentum.
There has also been increased expectations for the usability of meme coins in mainstream payments. Elon Musk’s past support for Dogecoin has fueled speculation about DOGE’s integration into platforms like X Payments. These developments raise hopes that meme coins will achieve wider adoption in the future.
As a result, the meme coin industry is experiencing rapidly changing dynamics and investment opportunities are increasing. This analysis provides important information to enable investors to follow developments in the industry and evaluate potential opportunities.