Wintermute Expands Memecoin Portfolio With $MANEKI, Spurs Price Surge
Wintermute has added $MANEKI to its memecoin market-making roster, acquiring 3% of the token’s total supply. This move, announced just 19 hours ago, brought 267 million $MANEKI tokens valued at $1.77 million to Wintermute’s holdings. With the tokens now recharged across major exchanges, Wintermute’s stake in $MANEKI currently sits at $1.94 million. Following the announcement, the price of $MANEKI spiked by nearly 40%, highlighting the token’s increased market visibility and investor interest. Memecoins Among Wintermute Top Holdings Wintermute’s memecoin strategy includes top-tier listings, with 14 out of its 25 largest holdings now available on Binance, making up 56% of its major assets. These include high-profile tokens like $PEPE, $BONK, $SHIB, and $FLOKI. Some of these tokens have also been launched on futures markets, such as $PEPE, $WIF, and $SHIB, reflecting Wintermute’s strategy to capture both spot and derivative markets. https://twitter.com/ai_9684xtpa/status/1854809533195124742 […]