A wealthy investor has been accumulating significant amounts of two Solana-based memecoins, according to data from Lookonchain.
Major Purchases
The investor recently purchased 181 million cat in a dog’s world (MEW) and 776,830 dogwifhat (WIF) within a short period.
Memecoin Market
At the time of writing, MEW has surged over 45% in the past day, while WIF has dipped slightly. Solana’s memecoin ecosystem is gaining attention, with pseudonymous trader The Flow Horse predicting that MEW may secure a listing on Coinbase before WIF.
Disclaimer
The information provided is not investment advice. Investors should conduct thorough research before making any high-risk investments.
