Goes All-In on Meme Coins
After holding $WIF for less than 24 hours, sbfonchain.sol sold it all for $4.08 million USDC, locking in a staggering $654,000 loss. Traders wasted no time and quickly reinvested in the meme coin. The entity spent $1 million USDC to purchase $1.6 million CHILLGUY, $500,000 USD to purchase $1.44 million Fartcoin, and $176,000 USD to purchase $2.6 million UBC.
Despite the losses, the swift moves indicate a high level of confidence in the memecoin market’s rise. Currently, meme coins have a market cap of $110B, and these segments remain the best performers in the space.
