In the dynamic world of cryptocurrency, meme coins have emerged as a captivating trend, drawing considerable attention from investors. Notably, this year has witnessed a flurry of activity in the meme coin segment, with notable performers like WIF and BODEN gaining traction alongside established names like Dogecoin and Shiba Inu.
However, recent developments suggest a shift in focus as a prominent whale redirects attention to a new contender: PUPS (Ordinals) (PUPS). So, let’s quickly take a tour of the implications of this move and the factors driving the surge in interest.
Whales Shift Focus From WIF & BODEN
Amid the recent hype surrounding meme coins, a significant transaction has caught the eye of the crypto community. According to a recent report by on-chain data tracking platform Lookonchain, a whale has made a strategic shift towards PUPS, a meme coin project built on the oldest blockchain platform.
Notably, the whale exchanged a substantial amount of BODEN and WIF for
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