Shiba

2024

Solana

Shiba Inu

<p class="is-style-lead">A trader who bought $310 worth of meme token Dogwifhat (WIF) in November 2023 began selling the coins after a meteoric price rise.</p> 
<p>As Lookonchain analysts recalled, the trader spent 5.288 Solana (<a href="https://crypto.news/price/Solana/" target="_blank" rel="noreferrer noopener">SOL</a>) worth $310 to buy 2.58 million WIF, now valued at $4.1 million.</p> 
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   <p lang="en" dir="ltr">The trader who spent only 5.288 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$SOL</a>($310) to buy 2.58M <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$WIF</a> ($4.1M currently) started to sell <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$WIF</a> for profits at the highest price.<br><br>He sold 750K <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$WIF</a> for 9,363 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$SOL</a>($1.21M) at $1.61, with 1.83M <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$WIF</a> ($2.91M) left.<br><br>The total profit is $4.12M(13,307x)!<a href="https://t.co/Fc8EWZ673m" target="_blank">https://t.co/Fc8EWZ673m</a> <a href="https://t.co/elFRilLtNd" target="_blank">pic.twitter.com/elFRilLtNd</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1764530753025749263?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">March 4, 2024</a>
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<p>The trader sold 750,000 WIF for 9,363 SOL; the transaction total was $1.21 million. Now, the trader’s balance remains about 1.83 million with a total value of $2.91 million. The value of the assets increased 13,307 times, and the value of the assets reached $4.12 million.</p> 
<p>Dogwifhat is another meme coin inspired by the Shiba Inu dog meme. Since its launch in November 2023, the token has risen in price by almost 900%, according to <a href="https://crypto.news/tag/CoinMarketCap/" target="_blank" rel="noreferrer noopener">CoinMarketCap</a>. In just over three months, the token rose from a price of $0.1797 to $1.67. On March 4, the coin updated <a href="https://crypto.news/dogwifhat-all-time-high-2024/" target="_blank" rel="noreferrer noopener">a new historical maximum</a>, reaching $1.92.</p> 
<p>Since December, WIF has become one of the favorite coins of whale speculators. Many stories emerged about how some whales made fabulous profits by trading WIF. One trader earned $1 million in 5 days, buying WIF for $226,000.</p> 
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   <p lang="en" dir="ltr">Thanks to the token <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$WIF</a>, this trader turned $226K into $1.69M in 5 days.<br><br>This trader bought 19.86M <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$WIF</a> between Dec 13 and 15 at an average price of $0.01137. <br><br>The 19.86M <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$WIF</a> is now worth $1.69M, making ~$1.47M in 5 days.<a href="https://t.co/7QxZwvbzBA" target="_blank">https://t.co/7QxZwvbzBA</a> <a href="https://t.co/xsBBOivbhW" target="_blank">pic.twitter.com/xsBBOivbhW</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1736631814570295729?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 18, 2023</a>
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<p> You might also like: <a href="https://crypto.news/meme-coin-mania-pepe-tops-gainers-list-with-70-spike/"> Meme coin mania: PEPE tops gainers list with 70% spike </a> </p>

Early Dogwifhat trader made $4.1m profit with 5 SOL

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