The massive gains in the Solana (SOL) based meme coin are increasingly whetting the appetite of whales.
The leading meme coin project on the Solana network, dogwifhat (WIF), has experienced a up to 50% surge in the last 24 hours. These gains have accelerated the buying movements of whales.
According to data provided by the on-chain analysis platform Lookonchain, 2 crypto whales purchased a total of $5 million worth of WIF in the last 24 hours.
The first whale with wallet address ““87Hnwj” spent $3.06 million to purchase 1.82 million WIF at a cost of $1.69. The second whale named “GjRacG” spent $1.95 million to purchase 1.15 million WIF at a cost of $1.67.
According to CoinGecko data, WIF, which has shown a 48% increase in the last 1 week, is currently trading at $2.1.
