Crypto whales have made bold moves in the Memecoin space, with some investors reaping impressive gains and others facing significant losses. Blockchain analytics platform Lookonchain observed major trading activity by address sundayfunday.sol, which invested in 1DOL meme coin project and BOME Book pre-sale, achieving a 993x return in just 8 hours. Meanwhile, another whale sold 732481 dogwifhat (WIF) tokens at a loss of 0,000 after buying them at a price of 8,000 three days earlier. The volatility and risk associated with Memecoins are highlighted in these transactions.
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