CandleFocus

Solana whale sbfonchain.sol is back to buying the hottest meme tokens

Author: Content Editor
sbfonchain.sol, a popular meme token trader, has recently acquired FARTCOIN, an AI-generated meme token that has gained significant popularity. The wallet spent over 19,000 SOL on FARTCOIN, adding 3.25 million tokens to its holdings. This purchase comes after a period of inactivity for the wallet, which had previously traded in other meme tokens. The wallet follows a strategy of buying and flipping tokens quickly to take profits or cut losses. Despite previous losses, the wallet owner continues to engage in risky trades. FARTCOIN, which initially started as a unserious asset, has grown in popularity and is now held in over 51,000 wallets. The recent purchase by sbfonchain.sol coincided with FARTCOIN being listed on KuCoin and gaining attention from exchanges. The token has also gained a large following and is considered one of the top Solana projects. FARTCOIN's growth and popularity have allowed it to surpass a $1 billion market cap and compete with other AI-generated meme tokens.

Related News