Is Wintermute Overtaking DWF Labs as the “Top Meme Market Maker”?
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. […]