The news explains how a Solana whale made significant purchases of $WIF and $BONK tokens, spending a total of 12,400 $SOL worth around $2.7 million. This resulted in a 44% price surge for $WIF and a 31% surge for $BONK. The whale's strategic activity in shaping the market and driving token gains highlights the influence of large-scale buys. The Solana network, known for its fast transaction speed and low cost, has previously experienced similar price movements driven by whales. The investment in meme coins like $WIF and $BONK showcases Solana's growing interest in this sector, and the ripple effect it can have on other meme coins. This further emphasizes the influence of the Solana whale in the cryptocurrency market.
- Content Editor ( blockchainreporter.net )
- 2024-11-14
Solana Whale Invests $2.7M in $WIF and $BONK, Fueling 44% and 31% Price Surges