Wintermute has stepped up its market-making activities recently, especially in the memecoin space, with aggressive moves that could signal its ambition to dethrone DWF Labs as the “No. 1 Meme Market Maker.”
Wintermute’s involvement with memecoins like $GOAT highlights the ongoing professionalization within the meme token industry. With top market makers now playing a central role, distinguishing between tokens has become more challenging. Could today’s memecoins truly be all that different from each other?
Wintermute’s Memecoin Market-Making Projects: An Overview
A look at Wintermute’s portfolio reveals a clear trend: they’re favoring high-value memecoins that have matured beyond the early “PVP” phases. These tokens are now primarily managed by professional teams and substantial players, marking a shift in how the meme market operates. Notably, 90% of Wintermute’s top 20 holdings are valued at over $100 million, with 30% exceeding $1 billion. Among these, $PEPE ranks as their highest-value market-making project, while $COK holds the lowest position.
Listing Insights
In Wintermute’s top 20 memecoin investments, 55%—or 11 of the projects—are already listed on Binance. This impressive lineup includes tokens like $PEPE, $NEIRO, $BONK, $WIF, $FLOKI, and $BABYDOGE. Additionally, futures are available for $PEPE, $BONK, $WIF, $MOODENG, $GOAT, $MEW, $NEIRO, $POPCAT, $FLOKI, and $BABYDOGE.
Wintermute 是打算接棒 DWF Labs 成为「Meme 第一做市商」吗？😆
冬季似乎在近段时间内做市风格激进了不少，主动拥抱 $GOAT 等近期大火的 Memecoin；当然这和 Meme 赛道日渐专业化这一趋势吻合，头部做市商都入场了，你的土狗和山寨真的还有区别吗？
下面是 Wintermute 的 Meme 做市项目盘点🧵👇 https://t.co/XD8IUuUnXB pic.twitter.com/kX304z3Eew
— Ai 姨 (@ai_9684xtpa) October 30, 2024
Curious About Other Projects?
To dive deeper into Wintermute’s other market-making ventures, check out the article “Market Making of the Seven Major Market Makers in This Bull Market” for a comprehensive review of their strategies and projects.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.