$WOJAK, a popular meme token, is seeing significant accumulation by smart money investors.
Currently, it ranks in the top three tokens being accumulated by this savvy group, signaling strong interest and confidence in its potential.
Wallet 0x0d26, known for impressive trading history with gains of 566% from $GAY, 497% from $VANKEK, and 310% from $NCAT, recently purchased 35.37 million $WOJAK, valued at $35.96K, just three hours ago.
This wallet then transferred all its $WOJAK holdings to another wallet, 0x2f2a, which now holds a total of 75.38 million $WOJAK, worth approximately $80.54K.
More Whale Wallets Continue Buying $WOJAK Memecoin In Large Quantities
Another notable wallet, 0xd3c1, also known as Bidness.eth, bought 50 million $WOJAK, worth $52.56K, just an hour ago. Bidness.eth has a track record of significant returns, with gains of 3,761% from $LARP and 163% from $PORK. This wallet has previously made $12.96K in profits from trading $WOJAK and is now holding 50 million $WOJAK.
$WOJAK is being accumulated by Smart Money 🍷
This #meme is ranked in the top 3 in the "Accumulated by Smart Money" list. This thread will give you some notable wallets
You can detect about $WOJAK first: https://t.co/DjceSg4Qwo pic.twitter.com/Acs8cDRALZ
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 26, 2024
The accumulation of $WOJAK by these well-known and successful wallets indicates growing confidence in the token’s future prospects. The fact that $WOJAK has attracted smart money, which includes investors with a history of high returns, suggests that the token might see substantial growth and attention in the coming days.
As the meme token market continues to evolve, $WOJAK’s rise in popularity among smart money investors positions it as a potential standout. Investors and market watchers will likely keep a close eye on $WOJAK, especially given the endorsement by these high-profile, successful traders.
For those interested in meme tokens, the strategic moves by wallets 0x0d26 and 0xd3c1 serve as a strong indicator of $WOJAK’s potential. With significant accumulation from smart money, $WOJAK could be poised for notable gains, making it a token to watch closely.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: kinomasterskaya/123RF // Image Effects by Colorcinch
The post Smart Money Accumulating $WOJAK: Meme Token Gains Popularity Among Top Traders appeared first on The Merkle News.
