The cryptocurrency market had a tough weekend. However, it started the new week by recovering some of the losses. The leading crypto Bitcoin is now trading around $ 66,000 after approaching the $ 60,000 limit. Altcoins also have a general recovery outlook. In this environment, whales are looking for new prey. According to analytics platform Lookonchain, 2 Solana-based meme coins are on the radar of whales.
The whales are targeting these 2 Solana-based meme coins!
As you have been following on Kriptokoin.com, the crypto market has suffered a severe shakeup. Now market players are doing damage assessment and looking for new opportunities. While the market is trying to recover, the movements of whales are attracting attention. Especially 2 Solana-based 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 bought nearly $3 million worth of SOL during the day. The first whale, named 3aTMg, pulled 10,438 SOLs worth $1.54 million from Binance. It then bought 479.6 million MEW at an average price of $0.0032. The second whale, 2zWLX9, pulled 8,561 SOLs worth $1.27 million from Binance. This whale then bought 4 million SLERF at an average price of $0.317. Lookonchain shared this development in the following statement:
Whales bought MEW and SLERF during the market recovery. B3aTMg pulled 10,438 SOL ($1.54 million) from Binance to buy 479.6M MEW at an average price of $0.0032. 2ZWLX9 withdrew 8,561 SOL ($1.27M) from Binance to buy 4M SLERF at an average price of $0.317.
OKX adds MEW and WIF to its list!
OKX, a leading cryptocurrency exchange, announced the listing of MEW and WIF. With this announcement, the Solana meme coin projects Dogwifhat (WIF) and Cat in a Dogs World (MEW) experienced significant price increases. WIF gained 15% and MEW gained 90%. These gains came amid a generally bullish crypto market.
MEW and WIF deposits were launched earlier, while spot trading started at 8:00 and 9:00 am respectively. OKX added WIF/USDT and MEW/USDT trading pairs to its list. Thus, tokens started trading on the exchange. Withdrawals will start on April 16 at 10:00 am. These support plans have created optimism among traders and investors in the market for Solana meme coins.
Three breast coins rallied
Cat in Dogs World (MEW) token surged 95.78% during the day. At the time of writing, the meme coin was trading at $0.005378, up nearly 82% on the day. Meanwhile, Dogwifhat (WIF) saw a 12% increase on the day. However, it then lost some altitude. The token is currently changing hands at $2.87. Meanwhile, the other meme coin on the whales’ radar, SLERF, also saw an uptick. Although SLERF retreated from its highs for the day, it is trading with a gain of over 10%.
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