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A recent surge in activity has put a whale in the Solana ecosystem into the spotlight, sparking speculation about the future of coins on the blockchain. In the past few hours, an account identified as “DWhUa” reportedly made a massive purchase, taking $18.57 million worth of four well-established meme tokens, according to reports. Spot on the chain.
Symbols involved - WIFPOPCAT, FWOG, michi – all have seen significant rises in the past, with WIF and POPCAT once reaching multi-billion dollar market caps. Both FWOG and michi, although small in size, have also seen their values skyrocket, reaching $500 million each at their peak.
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After these large purchases, the tokens were moved to a new wallet, “D2Noa,” which sparked speculation about the whale’s intentions.
State of coins in 2025
Despite meme coins being the main attraction throughout 2024, they entered the new year of 2025 with a bit of a feeling about them.
The launch of several “fair launch” platforms, which gave a fighting chance to millions of newcomers Cryptocurrency memeinterest in this sector of the cryptocurrency market, where there were a lot of options, diminished, and this became a PvP market where the main activity was flipping for a quick profit, then 99% of these Meme coins It became uninteresting.
However, these are what could be called meme cryptocurrencies based on Solana, with the market capitalization of WIF and POPCAT reaching billions of dollars at one point, and michi and FWOG rising to $500 million each.
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Does this whale know what others don't know? This remains an open question.
However, such activity proves in his game plan that cryptocurrencies that have already shown a great result and have large active communities may be preparing for the second round of the rally.
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