The cryptocurrency market had a rough weekend. However, it started the new week by compensating some of the losses. Leading crypto Bitcoin is now trading around $66,000 after approaching the $60,000 mark. There is a general recovery outlook for altcoins. In this environment, whales are looking for new prey. Solana-based 2 meme coin is on whales’ radar, according to analytics platform Lookonchain.
Whales are targeting these 2 Solana based meme coins!
cryptokoin.comAs you follow from , the crypto market has endured a severe shakeup. Now market players are assessing the damage and looking for new opportunities. While the market tries to recover, the movements of whales attract attention. Especially Solana-based 2 meme coins are on the whales’ radar. On-chain analytics platform Lookonchain reported that whales were buying heavily in MEW and SLERF.
These whales collectively took approximately $3 million worth of SOL during the day. The first whale, named 3aTMg, withdrew 10,438 SOL from Binance, worth $1.54 million. It then purchased 479.6 million MEW at an average price of $0.0032. The second whale, 2zWLX9, attracted 8,561 SOL from Binance, worth $1.27 million. This whale then purchased 4 million SLERF at an average price of $0.317. Lookonchain shared this development with the following statement:
During the market recovery, whales bought MEW and SLERF. B3aTMg withdrew 10,438 SOL ($1.54 million) from Binance to purchase 479.6M MEW at an average price of $0.0032. 2ZWLX9 withdrew 8,561 SOL ($1.27 million) from Binance to purchase 4 million SLERF at an average price of $0.317. dollar) withdrew.
During the market rebound, whales bought $MEW oath $SLERF.
B3aTMg withdrew 10,438 $LEFT($1.54M) from #Binance to buy 479.6M $MEW at an average price of $0.0032.https://t.co/K32EUy5cF8
2zWLX9 withdrew 8,561 $LEFT($1.27M) from #Binance to buy 4M $SLERF at an average price of… pic.twitter.com/qeIWdDTyGt
— Lookonchain (@lookonchain) April 15, 2024
OKX added MEW and WIF to its list!
OKX, a leading cryptocurrency exchange, announced that it has listed MEW and WIF. With this announcement, Solana meme coin projects named Dogwifhat (WIF) and Cat in a Dogs World (MEW) experienced significant price increases. WIF gained 15% and MEW gained 90%. These increases come with the crypto market generally in an upward trend.
MEW and WIF deposits were initiated earlier, while spot trading started at 8:00 and 9:00, respectively. OKX added WIF/USDT and MEW/USDT trading pairs to its list. Thus, the tokens began to be traded on the exchange. Withdrawals will begin at 10:00 on April 16. These support plans have created optimism in the market for Solana meme coins among traders and investors.
New Spot Listing 📢 $MEW @Mewsworld oath $WIF @dogwifcoin will be listed on #OKX!
▶ Deposits: OPEN 🟢
📈 $MEW Spot trading: 8:00 am Apr 15 (UTC)
📈 $WIF Spot trading: 9:00 am Apr 15 (UTC)More: https://t.co/zCnI8TDmnQ pic.twitter.com/OJffIqMGAt
— OKX (@okx) April 15, 2024
Three meme coins rallied
Cat in Dogs World (MEW) token rose by 95.78% during the day. At the time of writing, the meme coin was trading at $0.005378, up nearly 82% on a daily basis. Meanwhile, Dogwifhat (WIF) saw a 12% increase on the day. However, it later lost some altitude. The token is currently changing hands at $2.87. Meanwhile, SLERF, the other meme coin on the whales’ radar, also saw a rise. Although SLERF has retreated from its highs for the day, it is trading with gains of over 10%.
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