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Solana (SOL) Trader Goes Viral with 4,530x Return: What About BONK?

Published 02/27/2024, 09:51 PM
Updated 02/27/2024, 10:15 PM
Solana (SOL) Trader Goes Viral with 4,530x Return: What About BONK?
SOL/USD
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  • After holding WIF for three months, a trader turned $310 to $1.4 million.
  • BONK’s price could extend to $0.000026 as the MACD signaled bullish momentum.
  • The AO indicated that WIF’s price could continue climbing despite a previous sell signal.

A trader who bought dogwifhat (WIF) last November has earned a tremendous 4,530x on his holdings. According to Lookonchain, the trader bought 2.58 million WIF tokens with Solana (SOL) worth $310 on November 26, 2023.

As of this writing, WIF’s price was $0.54, jumping by over 42% in the last 24 hours. This means that the 2.58 million WIF tokens were now worth $1.4 million at press time. Despite the rally WIF had, the trader declined to sell.

Meanwhile, another Solana meme coin Bonk (BONK) recorded a 17.78% jump, pushing the price to $0.00001398.

BONK Price Analysis

Based on the 4-hour chart…

The post Solana (SOL) Trader Goes Viral with 4,530x Return: What About BONK? appeared first on Coin Edition.

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