Big Crypto Investors Are Collecting This Memecoin Based on Solana (SOL)!
The target of major crypto investors is the memecoin called CAT.
The memecoin craze in the cryptocurrency industry has further fueled the interest in the Solana (SOL) network. Joke altcoins on the Solana network have caused many crypto investors to turn to this area and move away from major crypto assets.
Apart from small crypto investors, whales and large VCs also show great interest in Solana-based memecoins and include these products in their portfolios.
“A wallet suspected to be linked to Wintermute (giant VC) spent 1,800 SOL ($301.3k) to purchase 37.86 million CATs 4 hours ago, making a profit of $886k.
A trader (insider) outside of Wintermute created a new wallet and spent 1,370 SOL ($230,000 worth) to collect 632 million CAT (63.2% of the total supply).
This trader then sold some of the CAT, adding 29,525 SOLs (worth $5 million) to his wallet.”
The fact that large investors and traders with enough background in the industry to recruit insiders are turning to the memecoin called CAT attracts the attention of crypto investors.
