DWF Labs Moves 2 Billion FLOKI Tokens for the First Time in a Year While Whales Accumulate Pepe Coin: Is Meme Coin Season Back?
Release: 2024/05/16 02:30 Reading: 323
Recent Activity Suggests a Resurgence in Meme Coin Popularity
src="/uploads/20240516/1715803636664515f457f14.png">
Recent movements in the cryptocurrency market indicate a potential resurgence in the popularity of meme coins. Savvy traders have been accumulating significant quantities of $PEPE and $FLOKI, hinting at renewed interest and potentially bullish trends in this sector. Here's a detailed analysis of the recent developments shared by Spot On Chain:
DWF Labs' FLOKI Withdrawal
src="/uploads/20240516/1715803636664515f457f14.png">
DWF Labs, a prominent player in the crypto trading space, has made a significant move involving $FLOKI. Just hours ago, DWF Labs withdrew 2 billion $FLOKI tokens from Binance, a transaction valued at $394,000.
This activity is particularly noteworthy as it marks their first $FLOKI transaction in over a year. Such a substantial withdrawal suggests a strategic move, potentially indicative of bullish sentiment or preparations for future market actions.
New Meme Coin to Watch: Aiming to be the Next $BONK, $WIF, or $MEW
src="/uploads/20240516/1715803636664515f457f14.png">
Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine presidential candidate known for his libertarian and pro-Bitcoin stance. With its ongoing low presale price, this coin presents an opportunity for early investors.
Whale Activity with PEPE
Another significant transaction involves a smart trader identified by the address 0x37d. This trader withdrew 407.74 billion $PEPE tokens from Binance 19 hours ago.
Valued at $4.2 million, this is their third trade involving $PEPE. The trader has already realized a profit of $292,000, a 6.95% gain from this recent transaction. Historically, this whale has profited handsomely from $PEPE, amassing a total profit of $3.59 million, reflecting a 100% return from two previous trades.
These transactions highlight a renewed interest in meme coins, potentially signaling the start of another meme coin season. The substantial amounts involved and the involvement of key players suggest confidence in the growth potential and profitability of this sector.
Smart traders' strategic accumulations often precede market trends, and their actions can indicate broader market sentiment. The recent activity around $PEPE and $FLOKI could spark increased interest and trading volume in these and other meme coins.
Read More: Roaring Kitty Triggers Competition Between Cat and Doge-Themed Coins: Analyst Shares Top 5 Cat Meme Coins To Watch
Hunting for a small cap coin with the potential to explode 10x? Join our FREE Telegram community to receive our future calls.
Check Out $RECQ Meme Coin
Invest Responsibly and Conduct Thorough Research.
Buy RECQ Today
Serves as the base currency for all transactions within the Rebel Satoshi platform
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles
The post DWF Labs Moves 2 Billion FLOKI Tokens for the First Time in a Year While Whales Accumulate Pepe Coin: Is Meme Coin Season Back? appeared first on CaptainAltcoin.
Recent news
More>- Dogecoin Rebound Underway as Retail DOGE Adoption Soars 11-28
- 6 Best Meme Coin Presales to Invest in Now: Why BTFD Is Dominating Overall 11-28
- Crypto Market Downturn: Dogecoin and Solana Hit at the Heart! 11-28
- Pepe Coin (PEPE) Has More Room to Grow, But It’s Not the Millionaire-Maker it Was in 2023: Here’s The Token That Will Lead the Next Big Mark... 11-27
- Popular Memecoin Whales Are Selling: Is Price Under Pressure? 11-27
- Massive Crypto Boom Ahead! This Memecoin Is Poised to Surpass Dogecoin and PEPE With 8,000% Growth 11-27
- Polymarket Odds Favor Popcat, Mog Coin, And Moo Deng For Next Binance And Coinbase Listings — But Will These Dark Horses Jump The Queue? 11-27
- 3 Altcoins Cheaper Than a Cup of Latte That Will Deliver a Lambo in 60 Days 11-27
- Pepe Coin (PEPE) and This Token Repeat Dogecoin’s (DOGE) 2021 Price Momentum, Here’s What Comes Next 11-27
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com