Solana

Bonk

dogwifhat

<p>A Solana Whale has reportedly spent 12,400 <a href="https://blockchainreporter.net/price-prediction/solana-price-prediction/" rel="noopener noreferrer nofollow">$SOL</a> worth around $2.7 million to buy $WIF and $BONK in bulk, a striking demonstration of Whale’s influence. This Solana whale’s move has propelled both assets to significant price gains. Lookonchain, an on-chain analytical platform, provided the details of these substantial purchases on its official X account. It showcases Solana Whale’s strategic activity in shaping the market, driving tokens like $WIF and $BONK to impressive daily gains.</p><h2 id="header-0">Solana Whale’s $WIF Investment Triggers 44% Price Surge</h2><p>Solana ($SOL) Whale has invested 7200 $SOL (valued at around $1.57 M) to buy 406,000 $WIF tokens, $3.87 per token. This transaction fueled a 44% surge in $WIF’s price which underscores the immediate market reaction to large-scale buys. Such a spike highlights the significant price momentum driven by Solana Whale’s investment which has swiftly influenced token performance. This significant price momentum has driven the attention of retail investors to a broader community.</p><p>Solana network, known for its fast transaction speed and low cost, has not led the Whale-driven price movements for the first time. So, with <a href="https://blockchainreporter.net/memecoin-whale-shifts-from-wif-to-bonk-as-price-slumps/" rel="noopener noreferrer nofollow">$WIF</a>’s recent surge, many investors are now observing if the momentum continues or if is it a temporary uptick, which includes only Whale’s interest.</p><h2 id="header-1">$BONK Gains 31% After Solana Whale Buys $1.13M</h2><p>Solana Whale allocated another 5,200 $SOL ($1.13M) to buy 29.32 billion $BONK tokens. This purchase of Whale caused $BONK to surge by 31%. It is further an illustration of the impact of large transactions on tokens having a smaller market cap. $BONK is a meme coin in the Solana ecosystem which has previously seen similar price fluctuations. Further, it is often tied to larger investor’s sudden trading volume spikes.</p><p>This significant investment shows Solana’s growing interest in the meme coins. In this ecosystem, a Whale’s purchases can create a ripple effect on all other meme coins. These recent price increases of $WIF and <a href="https://bonkcoin.com/" rel="noopener noreferrer nofollow">$BONK</a> witness that a strategic move can set off notable trends and volatility in a short period. This further underscores the influence of Solana Whale in the crypto market.</p>

Solana Whale Invests $2.7M in $WIF and $BONK, Fueling 44% and 31% Price Surges

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