Dogwifhat: WIF Trader Turns $1.8K Investment Into $11M

Amid the continued meme coin surge going down inside the digital asset market, one dogwifhat (WIF) dealer turned a $1.8K funding into $11 million in simply 3 months. Certainly, Lookonchain reported the huge turnaround that befell by way of the acquisition of 5.1 million WIF on November thirtieth.

The digital asset market has seen huge will increase happen over the past week. Bitcoin (BTC) seemingly led the surge, reaching a brand new all-time excessive after it surpassed $69,000. Furthermore, dogwifhat (WIF) has continued to be a nice shock. During the last day, the meme coin has been up by as a lot as 18%, in keeping with CoinMarketCap.

Dealer’s 5.1 Million WIF Hits $11 Million Worth in Simply 3 Months

For the final week, meme cash have surged to ranges that not many traders anticipated. The belongings outlined by their volatility have come to account for almost all the 7 greatest gainers this week. One of the vital shocking winners has been Dogwifhat (WIF), with the Solana-based meme coin exploding in worth.

Furthermore, Lookonchain reveals one lucky funding transfer that has led to huge positive factors. Particularly, one dogwifhat (WIF) dealer had turned what was a $1.8K funding into $11 million in simply 3 months. Certainly, the dealer bought 5.1 million WIF for $1,749. Subsequently, the asset’s value skyrocketed, growing by over 1,200%, which led to the funding’s worth reaching $11.2 million.

In keeping with the unique submit, the investor had tried to restrict promoting WIF on Jupiter however was unable to due to the excessive restrict value. Due to this fact, they’ve canceled the restrict order, and have begun the method of transferring the WIF to new wallets. Apparently, this isn’t the one time such an enormous revenue has been made on related investments. Particularly amid the present bull market, meme cash have registered huge positive factors for a number of savvy traders.

Since first arriving in 2023, WIF has skilled a meteoric rise just like a meme coin like Pepe. Nonetheless, most of its positive factors have occurred within the final 30 days alone. In that timeframe, the meme coin has elevated by greater than 915%. Though that has actually slowed, the token continues to be gaining at the moment.

The meme coin market has seen Pepe, BONK, and WIF because the main gainers over the latest surge. Nonetheless, that has continued to be a number of the most outstanding meme cash. Dogecoin (DOGE) and Shiba Inu (SHIB) haven’t fallen by the wayside. But, solely time will inform how lengthy the surge can proceed for these varied belongings.