Memecoin Price Rises When Whale Invests Dogwifhat (WIF), on

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Memecoin Price Rises When Whale Invests Dogwifhat (WIF), one of the dog-themed memecoins, gained value after a whale's investment. According to Lookonchain's post, a whale spent 17 thousand 966 Solana ($2.98 million) to purchase a total of 953 thousand 177 WIFs during the night. Whale invested in WIFs at $3.13 each. According to TradingView data, the WIF price started to rise rapidly after the whale's investment, increasing by approximately 7%. According to transaction records, this whale spent 1 million USDC to buy 355 thousand 417 WIFs at $2.81 each on May 21. Whale sold them for $3.07 each on May 22 and bought $1.09 million in total, making a profit of $90,000.

Memecoin Price Rises When Whale Invests
Dogwifhat (WIF), one of the dog-themed memecoins, gained value after a whale's investment.
According to Lookonchain's post, a whale spent 17 thousand 966 Solana ($2.98 million) to purchase a total of 953 thousand 177 WIFs during the night. Whale invested in WIFs at $3.13 each.
According to TradingView data, the WIF price started to rise rapidly after the whale's investment, increasing by approximately 7%.
According to transaction records, this whale spent 1 million USDC to buy 355 thousand 417 WIFs at $2.81 each on May 21. Whale sold them for $3.07 each on May 22 and bought $1.09 million in total, making a profit of $90,000.