{"id":146308,"date":"2025-01-09T12:00:00","date_gmt":"2025-01-09T10:00:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=146308"},"modified":"2025-01-08T15:49:57","modified_gmt":"2025-01-08T13:49:57","slug":"whale-spends-18-57-million-on-solana-based-memecoins-amid-market-decline","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/whale-spends-18-57-million-on-solana-based-memecoins-amid-market-decline\/","title":{"rendered":"Whale Spends $18.57 Million on Solana-Based Memecoins Amid Market Decline"},"content":{"rendered":"<p>A notable event today involved a large <strong><a href=\"https:\/\/x.com\/spotonchain\/status\/1876901384089690327?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1876901384089690327%7Ctwgr%5E0072fdada9dc76c8f1d5a6d8fb05a3ccee1b65b4%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fen.bitcoinsistemi.com%2Fwhat-did-whales-do-in-the-recent-drop-a-mysterious-whale-attracted-attention-with-his-altcoin-purchase-and-selection%2F\" rel=\"nofollow\">purchase<\/a> <\/strong>by an anonymous whale, who made significant investments in four <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Solana<\/a><\/strong>-based memecoins.<\/p>\n<p>According to Spot on Chain, the whale, identified as \u201cDWhUa,\u201d spent $18.57 million on the memecoins <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/dogwifhat\/\">WIF<\/a><\/strong>, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/popcat-sol\/\">POPCAT<\/a><\/strong>, FWOG, and MICHI. The purchase was made across both Binance and decentralized exchanges (DEX). The breakdown of the transaction includes:<\/p>\n<ul>\n<li>7,249 WIF, valued at $13.3 million<\/li>\n<li>5.77 million POPCAT, worth $3.82 million<\/li>\n<li>4.57 million FWOG, valued at $980K<\/li>\n<li>3.9 million MICHI, worth $470K<\/li>\n<\/ul>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-146267\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Although these memecoins were also affected by the broader market decline, with WIF dropping by 10.6%, POPCAT falling by 16.4%, FWOG decreasing by 8.9%, and MICHI down by 7.7%, the whale\u2019s purchase highlights a belief in the potential of these coins despite the short-term downturn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite recent declines in Bitcoin (BTC) and altcoins, some investors have responded by panic selling, while others view the downturn as a buying opportunity.<\/p>\n","protected":false},"author":9,"featured_media":38276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[426,72,116,296,266],"coin_category":[],"class_list":["post-146308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-binance","tag-bitcoin","tag-memecoins","tag-popcat","tag-solana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Whale Spends $18.57 Million on Solana-Based Memecoins Amid Market Decline<\/title>\n<meta name=\"description\" content=\"Despite recent declines in Bitcoin (BTC) and altcoins, some investors have responded by panic selling, while others view the downturn...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/whale-spends-18-57-million-on-solana-based-memecoins-amid-market-decline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Whale Spends $18.57 Million on Solana-Based Memecoins Amid Market Decline\" \/>\n<meta property=\"og:description\" content=\"Despite recent declines in Bitcoin (BTC) and altcoins, some investors have responded by panic selling, while others view the downturn...\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" 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