The latest on-chain data from LookonChain indicates that Dogwifhat, a Solana-based memecoin, is preparing for a major rally. This anticipation is driven by the largest Dogwifhat whale, who is currently on an extensive buying spree.
This whale has already accumulated over $68 million in profit and aims to mint even more. The bullish sentiment from such a major player signals confidence in the future price movement of Dogwifhat.
As the whale continues to go long on WIF, other investors are likely to follow suit, potentially driving the price upwards significantly.
