Dogecoin

Shiba Inu

<p><strong>The past week has been a wild ride for meme coins, with Dogwifhat (WIF) and PEPE in the spotlight amid market chaos. WIF, a popular meme token on Solana, dropped 25% in value, falling from its weekly high of $3.4.</strong></p><h2 id="header-0">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>Another Solana-based meme coin, POPCAT, also saw a significant decline of 34%, hitting its lowest levels since mid-April. Meanwhile, the Ethereum-based <a href="https://cryptosheadlines.com/binance-halts-market-orders-for-shib-floki-pepe-tokens/" rel="noopener noreferrer nofollow">PEPE token</a>, which had surged to new heights earlier in the week, faced an 18.5% sell-off, shaking investor confidence.</p><h3 id="whale-actions-influence-meme-coin-market-amidst-turmoil">Whale Actions Influence Meme Coin Market Amidst Turmoil</h3><p>Against this grim backdrop, the crypto space was buzzing with news about the actions of the largest holders of these cryptocurrencies, which significantly influenced these price perturbations.</p><p>Lookonchain’s reports revealed that a whale strategically moved to offload 1.7 million WIF at a loss, swapping them for other meme coins on Solana following the price dip. This action not only impacted WIF but also influenced the prices of other <a href="https://cryptosheadlines.com/huobi-to-list-new-meme-token-following-pepe/" rel="noopener noreferrer nofollow">meme tokens</a>, including BONK.</p><p>Another whale also incurred losses by selling WIF and POPCAT, further contributing to the volatility in the meme coin market.</p><h2 id="header-1">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/cryptosheadlines4-3.webp?resize&#61;640%2C369&amp;ssl&#61;1" /></p><p>WIFUSDT_19 May 2024_ Source: TradingView</p><h3 id="whale-moves-trigger-meme-coin-market-volatility">Whale Moves Trigger Meme Coin Market Volatility</h3><p>Spot On Chain’s insights added another layer of intrigue, highlighting a multisign wallet that deposited a substantial amount of PEPE to Binance in an attempt to stop losses. This move contributed to a 6% price drop. This whale’s trading history suggests a pattern of contributing to sharp price fluctuations when trading PEPE.</p><p></p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/cryptosheadlines5-3.webp?resize&#61;640%2C431&amp;ssl&#61;1" /></p><p>Source: Spot On Chain</p><p>In the wake of these developments, <a href="https://cryptosheadlines.com/attention-on-meme-coins-meme-stocks-and-ripple-in-weekly-cryptosheadlines/" rel="noopener noreferrer nofollow">meme coin</a> investors are left with several questions. Will <a href="https://cryptosheadlines.com/meme-coins-pepe-wif-bonk-surge-is-doge-next-in-line-for-a-rally/" rel="noopener noreferrer nofollow">meme coins like WIF and PEPE</a> be able to recover from these significant losses? What strategies will major token holders employ to navigate the current market volatility?</p><p><a href="https://cryptosheadlines.com/10-memecoins-poised-for-growth-following-gamestops-roaring-kitty-comeback/" rel="noopener noreferrer nofollow">Also Read:   10 MemeCoins Poised for Growth Following GameStop&#39;s Roaring Kitty Comeback</a></p><p><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.shibainu</p>

Meme Coins Face Potential Dump Amid Market Chaos

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