Key Points:
The latest news from Spot On Chain has reported that meme coins are hot again. In particular, PEPE, WOJAK, and AIDOGE have seen significant increases in value, with each coin increasing by over 50% in the past 24 hours.
The report also includes a review of some whales mentioned ten days ago. The PEPE whale 0x4a2C is one of these, having swapped 1.11 billion PEPE to ETH and realized a profit of 356.162K. They still hold 4.8 billion PEPE, with an unrealized profit of 2.3 million.
The WOJAK whales 0x278, 0xc2c6, 0x129a, and 0x9835 swapped 1 billion WOJAK to ETH and realized a profit of 120.939K. They still hold 0.7 billion WOJAK, with an unrealized profit of 100K. The AIDOGE whale 0x79d75e moved 700T AIDOGE back to MEXC, with a potential profit of 120K if sold.
Meanwhile, Lookonchain found the trader who spent 0.125 ETH on buying 5.9T PEPE, making an impressive profit of around 1.14 million in just four days, translating to over 4,500 times their initial investment, sells PEPE every time the price increases, and they recently sold 100 billion PEPE for 21 ETH at 0.0000004007. So far, they have sold 800 billion PEPE, which is 14% of all PEPE, and got 117 ETH, with an average selling price of 0.0000002744.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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