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Solana Meme Coin Trader Makes 4,497x Profit Amid Bearish Market Beincrypto 2개월 전

Solana Meme Coin Trader Makes 4,497x Profit Amid Bearish Market 📉

dogwifhat (WIF) price is following the broader market’s trend as altcoins have consistently declined over the past week. Many investors sold their holdings to secure whatever gains they have noted, including one investor making millions of WIF. Most meme coin traders opt for rapid asset buying and selling, but one WIF holder chose to play the long game. This trader's decision resulted in earning over $24 million in profit from an initial investment of $5,340 in 14.53 million WIF. The selling occurred mostly over the past day, coinciding with a nearly 16% drop in the WIF price. This added to a week-long decline, summing up to a 40% drawdown. The altcoin failed to achieve a potential 35% rally, and WIF is now trading at $1.69. Despite this significant gain for the trader, the broader Solana meme coin market is losing momentum. Solana meme coins’ market cap declined by 13.9% to $7.14 billion in the last 24 hours. Coins like Popcat (POPCAT) and Book Of Meme (BOME) also experienced substantial declines. The continued drawdown in Solana meme coins could potentially lead to higher selling volumes, potentially affecting the hype and value of these tokens long-term.

출처: beincrypto.com ↗

비슷한 기사 (149)개

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Dogwifhat Gains Popularity on Solana Blockchain
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Dogwifhat (WIF) Plunges Over 70%: Meme Coin Performance Woes Compared to Shiba Inu (SHIB) Coinotag 1개월 전
Dogwifhat (WIF) Plunges Over 70%: Meme Coin Performance Woes Compared to Shiba Inu (SHIB)
Dogwifhat (WIF) Faces Bearish Future After Failing to Break Past $2 Coinotag 2개월 전
Dogwifhat (WIF) Faces Bearish Future After Failing to Break Past $2
Dogwifhat [WIF] Poised for Recovery Amid Renewed Memecoin Frenzy in 2024 Coinotag 2개월 전
Dogwifhat [WIF] Poised for Recovery Amid Renewed Memecoin Frenzy in 2024
Bitcoin and Dogwifhat (WIF) Lead Crypto Surge in 2024 with Impressive Gains Coinotag 2개월 전
Bitcoin and Dogwifhat (WIF) Lead Crypto Surge in 2024 with Impressive Gains
Dogwifhat (WIF) Faces Sharp Decline in Social Engagement and Investor Interest Amid Market Uncertainty Coinotag 2개월 전
Dogwifhat (WIF) Faces Sharp Decline in Social Engagement and Investor Interest Amid Market Uncertainty
Dogwifhat (WIF) Price Plummets: Key Factors Behind the Meme Coin’s Decline Coinotag 2개월 전
Dogwifhat (WIF) Price Plummets: Key Factors Behind the Meme Coin’s Decline
Credible Crypto’s Insights: Bitcoin, CRV, and Dogwifhat (WIF) Market Predictions Explored Coinotag 2개월 전
Credible Crypto’s Insights: Bitcoin, CRV, and Dogwifhat (WIF) Market Predictions Explored
Dogwifhat (WIF) Analysis: Insights from Crypto Analyst Sherpa on Meme Coin Performance Coinotag 1개월 전
Dogwifhat (WIF) Analysis: Insights from Crypto Analyst Sherpa on Meme Coin Performance
Dogwifhat (WIF) Set to Test Critical $1.50 Support Level Amid Price Decline Coinotag 2개월 전
Dogwifhat (WIF) Set to Test Critical $1.50 Support Level Amid Price Decline
Dogwifhat (WIF) Faces 29% Decline Amid Surge in Trading Volume Coinotag 2개월 전
Dogwifhat (WIF) Faces 29% Decline Amid Surge in Trading Volume
Whale Sell-Off Sparks Fear of 15% Drop in Dogwifhat (WIF), Potential Buying Opportunity for New Investors Coinotag 2개월 전
Whale Sell-Off Sparks Fear of 15% Drop in Dogwifhat (WIF), Potential Buying Opportunity for New Investors