News - Whales buy the following memecoins
Prices in the crypto market continue to fall at the beginning of the week. A favorable opportunity for bargain hunters. These memecoins were picked up by several whales.
Wealthy crypto speculators, also known as whales, have used the downturn in the crypto market to make additional purchases. As the on-chain service Lookonchain reports on X, whales have invested millions in the tokens Slerf, Bome and Boden.
What did whales buy on #Solana after the market dropped?
— Lookonchain (@lookonchain) April 14, 2024
We noticed whales bought $SLERF, $BOME and $boden!
4eocFb withdrew 31,916 $SOL($4.56M) from #Kucoin and spent 2,055 $SOL($294K) to buy 500,979 $boden at $0.59.https://t.co/VCPbMHhcHV
9CjKf5 withdrew 15,751 $SOL($2.25M)… pic.twitter.com/xckZB44CWo
All three are recently launched memecoins on Solana - and have suffered visible damage in the sell-off of recent weeks. Slerf has fallen 18 percent week-on-week, while Bome and Boden have dropped nearly 40 percent. According to Lookonchain, whales also relinquished memecoin Dogwifhat (WIF) for a total of US$12 million during the market correction. The price of WIF also fell 36 percent during the week.