According to data from iCrypto, Smart DEX Traders have been actively buying memecoins over the past 24 hours, with $WOJAK standing out as the second most purchased token, totaling $157.7K in buys.
This spike in activity comes as $WOJAK has experienced a significant price surge of more than 60% over the last three weeks.
🤔Which Memecoins Are Smart Dex Traders (SDTs) Buying in the Last 24 Hours?
Recently, $SPX is the strongest growing memecoin. Let’s see which memecoins SDTs bought the most in the last 24 hours.
1. $MAGA: $374.6K
2. $WOJAK: $157.7K
3. $PEPE: $114.1K$MAGA is currently ranked… pic.twitter.com/prTsDMLKfF— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) October 8, 2024
Two Smart DEX Traders are currently holding onto substantial profits from their $WOJAK investments, signaling confidence in the token’s continued potential.
One notable trader is wallet 0x7c7e, who has seen a profit of $134.5K (56.51%) from their $WOJAK holdings. This trader currently holds 454.56 million $WOJAK tokens, valued at approximately $419.5K. Despite the impressive gains, they haven’t sold yet, indicating they may be waiting for even higher returns.
đź’Ą$WOJAK has gone up more than 60% since iCrypto post
Right now, 2 Smart Dex Traders are making money and have not sold yet:
– Wallet 0x7c7e: Profit of $134.5K (56.51%), holding 454.56M $WOJAK (worth $419.5K).
– Wallet 0xd4e3: Profit of $47.9K (32.94%), holding 235.89M $WOJAK… https://t.co/8sNHKnbaKd pic.twitter.com/tUH30xgreo— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) October 8, 2024
The recent upward momentum of $WOJAK has garnered the attention of many traders looking to capitalize on memecoins. The increased accumulation by Smart DEX Traders suggests that $WOJAK may still have room for growth, especially considering its rapid ascent in such a short time.
As more smart traders enter the market, and with several already sitting on significant profits, $WOJAK has become a hot topic in the memecoin space. The next few days could reveal whether these traders will hold or cash out, but for now, it’s clear that $WOJAK remains one of the most watched tokens among Smart DEX Traders.
This ongoing trend of increased buying and holding by smart traders makes $WOJAK a coin to watch closely as it continues to climb in both popularity and value.
– Wallet 0xd4e3: Profit of $47.9K (32.94%), holding 235.89M $WOJAK (worth $217.7K).
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.