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    Dogwifhat and Popcat sell-off as whale dumps tokens

    Latest News


    • Dogwifhat (WIF) worth was down 11% on the day as high meme cash struggled.
    • The Popcat (POPCAT) token additionally traded decrease, falling by 20% in 24 hours.
    • A whale has dumped each WIF and POPCAT tokens at a loss.

    Dogwifhat ($WIF) and Popcat (POPCAT) are down double-digits previously 24 hours as the general meme cash market experiences a major sell-off.

    Dogwifhat sheds 11% amid meme coin slip

    WIF, one the tokens to catayse the rise of meme tokens on the Solana community, was down 11% in 24 hours on Could 18.

    Dogwifhat worth has declined by 17% previously week. WIF at present trades at $2.56.

    Comparatively, high meme cash Dogecoin, Shiba Inu, Pepe and Floki are all inexperienced within the final seven days regardless of shedding features within the 24-hour interval. These tokens are nonetheless within the crimson previously 24 hours.

    Popcat (POPCAT) down 20% in 24 hours

    In addition to Dogwifthat, one other meme token dropping by double-digits previously day and week is Popcat. The Solana web meme token is down 20% over the past 24 hours to see weekly loses hit 14%.

    Popcat’s lack of inherent worth is more likely to contribute to additional worth pressures if bears intensify their management within the meme coin market.

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    The token modified fingers round $0.3, down greater than 48% since hitting an all-time excessive above $0.71 on Could 4.

    Whale dumps WIF and POPCAT

    As famous by Lookonchain, onchain knowledge exhibits a whale has dumped WIF and POPCAT at a loss simply days after splashing on the meme tokens.

    The whale purchased $2.18 million value of WIF, buying 732,481 WIF tokens on the worth of $2.98 three days in the past. Information additionally exhibits the massive meme holder scooped 716,344 POPCAT at $0.5 for a complete of $361,000.

    At the moment, the whale dumped 732,481 WIF for $1.85 million and 716,344 $POPCAT for $281,000. This resulted in losses of $336,000 on Dogwifhat and $80,000 on POPCAT.

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