Dogwifhat and Popcat sell-off as whale dumps tokens
- Dogwifhat (WIF) price was down 11% on the day as top meme coins combated.
- The Popcat (POPCAT) token moreover traded lesser, dropping by 20% in 24 hours.
- A whale has dumped both WIF and POPCAT symbols at a loss.
Dogwifhat ($WIF) and Popcat (POPCAT) are down twin-digits in days gone by 24 hours as the on the entirety meme coins arenae challenges a monumental sell-off.
Dogwifhat outhouses 11% amid meme coin creep
WIF, one the symbols to catayse the boom of meme symbols on the Solana network, was down 11% in 24 hours on May 18.
Dogwifhat price has scorned by 17% in days gone by week. WIF presently trades at $2.56.
Morally, top meme coins Dogecoin, Shiba Inu, Pepe and Floki are unanimously environment-friendly in the last 7 days despite shedding gains in the 24-hour period. These symbols are but in the red in days gone by 24 hours.
Popcat (POPCAT) down 20% in 24 hours
As nicely as Dogwifthat, another meme token wasting by twin-digits in days gone by day and week is Popcat. The Solana net meme token is down 20% over the last 24 hours to surf through weekly loses hit 14%.
Popcat’s absence of inherent advantage is probable to donate to better price duresses if bears aggravate their readjust in the meme coin arenae.
The token readjusted hands about $0.3, down added than 48% since striking an unanimously-time high overhead $0.71 on May 4.
Whale dumps WIF and POPCAT
As listed by Lookonchain, onchain information mirrors a whale has dumped WIF and POPCAT at a loss just days after splashing on the meme symbols.
The whale bought $2.18 million well worth of WIF, receiving 732,481 WIF symbols at the price of $2.98 3 days earlier. Information moreover mirrors the gargantuan meme holder scooped 716,344 POPCAT at $0.5 for a overall of $361,000.
Today, the whale dumped 732,481 WIF for $1.85 million and 716,344 $POPCAT for $281,000. This resulted in losses of $336,000 on Dogwifhat and $80,000 on POPCAT.
