Recently, a new meme coin called WIF was launched on the Solana blockchain. An undisclosed large investor has been buying large amounts of WIF, which could change the market performance of this meme coin.
The investor created a new wallet and transferred 1.83 million USDC (a stablecoin) to buy WIF. So far, he has spent 606,000 USDC to buy more than 227,000 WIF, leaving 1.22 million USDC.
The price of WIF responded to the investor's purchases at the beginning of Monday's trading session, rising nearly 7% from $2.53 to $2.69.
While it is unclear what the full impact of the investor's purchases on the price of WIF is, the price of WIF may continue to rise, attracting more investors to buy, thus forming a greater buying force in the meme coin market.
The price of Solana's native token SOL has also surged 25% in the same period, indicating that bullish sentiment towards the Solana blockchain may be returning. $BTC $ETH #WIF #sol板块 #meme板块
