Solana’s Leading Memecoin Dogwifhat Plummets 13% Today, 24% Weekly Drop Amid Whale Activity

Dogwifhat ($WIF), one of the largest memecoins on the Solana network, has experienced a significant decline, dropping by 13% in a single day and 24% over the course of the week.  This downturn comes as Lookonchain data reveals a substantial sell-off by a notable whale following the market slump. The whale, known for their shrewd maneuvers in the memecoin space, capitalized on various tokens, including $WIF, $POPCAT, $WEN, and $Hobbes.  Their trading prowess is evident in the impressive profits amassed across these assets, with gains ranging from 144% to a staggering 1658%. A whale dumped 1.22M $WIF for 3.13M $USDC

The post Solana’s Leading Memecoin Dogwifhat Plummets 13% Today, 24% Weekly Drop Amid Whale Activity appeared first on The Merkle News.

Go to Source

DEGEN and DOG Surpass Dogecoin In Weekly Active Traders

Recent data from the market intelligence platform intotheblock reveals a significant development in the memecoin market: both DOG and DEGEN have surpassed Dogecoin in terms of weekly active traders. This shift in dynamics signals a potential change in the landscape of memecoins, with DOG and DEGEN emerging as formidable contenders. The criteria for identifying active traders involves analyzing the number of addresses holding an asset for less than a month. This metric serves as a barometer for trader activity and is often indicative of bullish momentum in the market. For years, Dogecoin has reigned supreme in the memecoin arena, dominating

The post DEGEN and DOG Surpass Dogecoin In Weekly Active Traders appeared first on The Merkle News.

Go to Source

Dogwifhat Rises to Become the Third-Largest Meme Coin by Market Valuation

Dogwifhat Rises to Become the Third-Largest Meme Coin by Market ValuationThis week, the crypto asset dogwifhat (WIF), a meme coin, ascended to the third-highest valuation among all meme tokens. In the last day, WIF appreciated by 17% against the U.S. dollar and saw a 435% increase over the past 30 days. WIF Surpasses Major Competitors, Securing Third Spot Among Meme Coins In the recent week, […]

Go to Source

Dogwifhat (WIF) Emerges As A Dominant Solana Meme Coin

Dogwifhat (WIF) has asserted its dominance as the leading meme coin built on the Solana blockchain, marking a significant milestone in its trajectory. The popular meme coin surged by 20% on Friday, catapulting its price to surpass the $4 mark and establish a new all-time high. Today, WIF’s price continued its upward trajectory, exceeding $4 and boasting a market capitalization of $4 billion.  DOGWIFHAT PRICE ANALYSIS & PREDICTION (March 29) – WIF Breaks Higher: Tests $4 After Surging 60% Weekly This surge propelled WIF to become the third-largest meme coin, trailing only behind renowned counterparts DOGE and SHIB, and surpassing

The post Dogwifhat (WIF) Emerges As A Dominant Solana Meme Coin appeared first on The Merkle News.

Go to Source

Dogecoin Surges To New Heights Amidst Memecoin Frenzy

In an unexpected turn of events, Dogecoin, the beloved dog-themed memecoin, has skyrocketed to its highest level in over a year, experiencing a staggering 17% price gain and witnessing a remarkable 100% surge in trading volume within the past 24 hours. Santiment feed data reveals a remarkable spike in Dogecoin transactions, soaring from 1.22 billion to an astounding 9.20 billion over the course of just 48 hours. While the exact cause of this surge remains elusive, it marks a significant development within the memecoin community. 💻 @santimentfeed data suggests a significant increase in #Dogecoin transaction volume, rising from 1.22 billion

The post Dogecoin Surges To New Heights Amidst Memecoin Frenzy appeared first on The Merkle News.

Go to Source

Solana’s New Memecoin ‘$SMOLE’ Sends Traders On Rollercoaster Ride

The launch of $SMOLE, a new memecoin on the Solana blockchain, has injected excitement into the trading community, albeit with mixed outcomes for investors. Shortly after Smile ($SMOLE) hit the trading floor, one savvy trader capitalized on the opportunity, raking in profits of 18,986 $SOL, equivalent to $3.6 million, in just 15 minutes.  Only 15 minutes after $SMOLE started trading, this whale made 18,986 $SOL($3.6M) by trading $SMOLE. He spent 18,460 $SOL($3.5M) to buy 22.21B $smole within one second after $SMOLE opened trading, then sold it for 37,446 $SOL($7.1M). Made 18,986 $SOL($3.6M) in just 15 minutes!… pic.twitter.com/qLyKJi73Jb — Lookonchain (@lookonchain)

The post Solana’s New Memecoin ‘$SMOLE’ Sends Traders On Rollercoaster Ride appeared first on The Merkle News.

Go to Source

Shiba Inu Surges 300% In 7 Days: Holders Reap Profits Amidst Rune’s Purchase And Justin Sun’s Sale

The recent surge in Shiba Inu has ignited excitement among its holders, with the meme coin experiencing a remarkable 300% increase in value over the past seven days.  Today alone, Shiba Inu witnessed a surge of 60%, propelling its price to $0.000043, marking a significant milestone as it approaches its all-time high of $0.000088. Amidst the fervor, on-chain reports from Lookonchain shed light on notable transactions involving prominent figures in the cryptocurrency space. Rune, known as RuneKek and the Co-founder of MakerDAO, made headlines by purchasing $SHIB. Over the course of three days, Rune invested 500,000 USDC to acquire 25.04

The post Shiba Inu Surges 300% In 7 Days: Holders Reap Profits Amidst Rune’s Purchase And Justin Sun’s Sale appeared first on The Merkle News.

Go to Source

Whale Enthusiasm For Shiba Inu Surges Amid Meme Coin Frenzy

This week, the excitement among whales for Shiba Inu (SHIB) has reached unprecedented levels, signaling a resurgence in the meme coin frenzy. Data from IntoTheBlock reveals a staggering spike of nearly 500% in large transactions involving SHIB, indicative of heightened interest and activity within the community. In a remarkable turn of events, the total supply of SHIB tokens has witnessed an exponential surge, skyrocketing from 1.2 trillion to an astounding 6.6 trillion in just two days.  This surge in supply coincides with a notable uptick in the price of the token, which has seen impressive gains of 27% within a

The post Whale Enthusiasm For Shiba Inu Surges Amid Meme Coin Frenzy appeared first on The Merkle News.

Go to Source

TokenFi Experiences Fluctuations Following Recent Surge

TokenFi, the latest venture launched by the seasoned team behind the popular Floki token, has witnessed a slight decline in its value, dropping by up to 5% over the past 24 hours. This dip comes after an impressive surge of over 20% in the preceding seven days, highlighting the inherent volatility within the cryptocurrency market. Amidst today’s price adjustment, onchain reports have shed light on recent activity involving TokenFi. Just hours ago, DWF Labs, a prominent player in the crypto space, deposited 4 million coins of the TOKEN token to Gate, amounting to a value of $165,000.  七小时前,DWF Labs 向

The post TokenFi Experiences Fluctuations Following Recent Surge appeared first on The Merkle News.

Go to Source

Shiba Inu Faces Stagnant Growth Amidst Recent Market Activity

Recent data from Coinmarketcap reveals that Shiba Inu has seen limited growth in value over the past week, with a modest increase of just 0.5%.  However, the token has managed to gain 9% in the past month, albeit still far from its peak levels recorded in 2021. Despite this, Shiba Inu remains a topic of interest and continues to attract positive forecasts from investors and analysts. Spotonchain data sheds light on recent activity involving a notable whale, identified as 0x30e, who purportedly sold 341.57 billion SHIB tokens, amounting to approximately $3.25 million, at an average price of $0.00009526.  Whale 0x30e

The post Shiba Inu Faces Stagnant Growth Amidst Recent Market Activity appeared first on The Merkle News.

Go to Source