After WIF, BONK, BODEN: Top Crypto Trader Now Buys These 2 Memecoins

Name	Symbol	Market	Market Cap ($)	Algorithm
Solana	SOLUSD	Crypto	88,883,297,027	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Solana

SOLUSD

Crypto

88,883,297,027

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	1.68	0.89%	189.61	189.57	189.58

Price Change

Price Change %

Current Price

Bid Price

Offer

1.68

0.89%

189.61

189.57

189.58

High Price	Low Price	Open Price	Prev. Close	52 Week Range
190.91	185.07	187.96	187.93	78.14 - 264.63

High Price

Low Price

Open Price

Prev. Close

52 Week Range

190.91

185.07

187.96

187.93

78.14 - 264.63

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	17:31:29	0.051204	189.61	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

17:31:29

0.051204

189.61

USD

Price x Volume	Volume	Base Symbol	Related Pairs
59,033,639.83	314,879.70	SOL	SOLEUR	SOLGBP	SOLBTC

Price x Volume

Volume

Base Symbol

Related Pairs

59,033,639.83

314,879.70

After WIF, BONK, BODEN: Top Crypto Trader Now Buys These 2 Memecoins

26/04/2024 2:00pm

NEWSBTC

Memecoins are once making waves in the crypto market. In the last 24 hours, 4 of the 10 best-performing cryptocurrencies in the top 100 are meme coins. The biggest gainers include BONK (+10.2%), PEPE (+4.8%), WIF (+4.7%) and FLOKI (+4.1%). With meme coins slowly regaining, crypto traders are seemingly focusing on lesser-known coins. Top Crypto Trader Focuses On These 2 Memecoins According to data from on-chain analysis service Lookonchain, the renowned crypto trader known as “paulo.sol” has been making significant moves into new memecoin territories. Paulo.sol, who has previously amassed substantial profits from meme coins like BONK, WIF, and BODEN, is now shifting his focus to acquiring significant stakes in PUPS and POPCAT. What a legend!😱 paulo.sol has realized profits of $9.51M on $WIF, $7.04M on $boden and $6.28M on $BONK. 1/ Let's dig into his trades to see what he's buying.👇 pic.twitter.com/2axUwHb3el — Lookonchain (@lookonchain) April 26, 2024 Lookonchain’s recent posts on X (formerly Twitter) provide a deep dive into paulo.sol’s past and present investment patterns. “What a legend! Paulo.sol has realized profits of $9.51M on WIF, $7.04M on BODEN, and $6.28M on BONK,” Lookonchain tweeted. In total, the crypto trader has made $22 million in realized profits. Related Reading: Crypto Bull Run Set To Return Next Week, Predicts Arthur Hayes The posts further reveal that paulo.sol bought into BONK early in November 2023, capturing substantial gains as its value surged. “As early as Nov 11, 2023, paulo.sol noticed the rising of BONK and bought BONK. He made ~$6.28M by buying BONK at low prices and selling at high,” the data provider stated. The crypto trader continued his strategy by investing in WIF and BODEN in December 2023 and March 2024, respectively, following their sharp price increases. Notably, “paulo.sol did not buy WIF and BODEN when they first went online, but paid attention to and bought heavily when they first rose sharply,” Lookonchain observes. As of now, paulo.sol continues to hold 12.87 million BODEN tokens valued at approximately $7.6 million and 1.87 million WIF tokens worth around $5.7 million. However, his most recent activities show a pivot towards new meme coins, PUPS and POPCAT, sparking interest among investors and analysts alike. Related Reading: Why Is The Crypto Market Down Today? Key Reasons Explained Lookonchain noted, “We noticed that paulo.sol is buying PUPS and POPCAT recently. He spent $1.77M to buy 4.3M POPCAT at $0.42 today. And he has spent $5.97M to buy 101,712 PUPS at $59 since Apr 11, becoming the largest holder of PUPS on Solana.” The impact of paulo.sol’s investment has been palpable in the market dynamics of the newly favored meme coins. Despite a general downturn in the memecoin sector, POPCAT’s price surged by 52% today, trading at approximately $0.51 with a trading volume increase of 51% to $166 million. Over the past nine days, POPCAT has risen a whopping 410%. On the other hand, PUPS is seeing a price drop of 4.2% today, trading at $36.96, with a 27% fall in trading volume to $2.82 million. Since reaching an all-time high above $152 on April 14 (on Coinex), the PUPS price is down more than 78%. Featured image from Binance Academy, chart from TradingView.com

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

SOLUSD Solana