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Crypto Whale Spends Above $2.8M in $SOL to Acquire Meme Tokens $FRED and $Pnut

Author: Content Editor
A newly developed wallet has made a significant purchase of meme tokens, spending nearly 15,132 Solana ($SOL) coins to acquire $Pnut and $FRED tokens worth approximately $2.8 million in the past two hours. This has raised speculation within the crypto community. The wallet acquired 17.35 million $Pnut tokens using 11,582 $SOL at an average price of $0.12, and 68.97 million $FRED tokens using 3,550 $SOL at an average cost of $0.0095. This purchase highlights the growing interest in meme tokens on platforms like Solana, and it remains to be seen if it is part of a larger strategy or purely speculative.

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