Wintermute’s Meme Coin Dominance: Taking over DWF Labs with GOAT

• Wintermute has taken an aggressive positioning on meme cash not too long ago.
• The agency has a major place in Goatseus Maximus (GOAT).
• Wintermute seeks to dethrone DWF Labs as the number one market maker.

Wintermute, a number one market maker, plans to dominate the meme coin market making trade, surpassing its rival DWF Labs. The agency has adopted a extra aggressive model in current months and elevated its publicity to Goatseus Maximus (GOAT).

Crypto analyst @ai_9684xtpa posted on X that Wintermute is aggressively shopping for GOAT, which displays the “rising professionalization of the meme monitor.” The analyst additionally shared Wintermute’s meme coin holdings.

With prime market makers getting into the meme coin market, the analyst requested what units completely different meme cash aside. Wintermute’s place worth for GOAT is $721 million, whereas its holdings of PEPECOIN and MOODENG are $908 million and $772 million, respectively.

Wintermute’s Meme Coin Portfolio

Wintermute’s meme market-making portfolio consists of MONKE, MOG, MEW, APU, SPX, NEIRO, and PEPE. PEPECOIN, MOODENG, and GOAT are the highest three holdings, with the others within the prime 10. Wintermute additionally holds POPCAT, $michi, BONK, WIF, FLOKI, MOTHER, BABYDOGE, COK, and DEGEN.

Learn additionally: Solana Meme Coin Market Cap Surges to $12.2 Billion, WIF Leads the Pack

Based on the information from CoinMarketCap, the entire market cap of the meme coin sector stands at a large $70 billion, up 6.4% up to now 24 hours, whereas the entire cash traded out there is a considerable $11 billion. Majority of tokens within the meme coin area had been bullish up to now day as Bitcoin reclaimed the $72,000 value degree. 

Meme coin sector leaders Dogecoin (DOGE) and Shiba Inu (SHIB) had been up 6.8% and 4.6% up to now 24 hours, respectively. DOGE has printed monumental features up to now seven days and is up 27.6%.