$2.5M in WIF Exchanged for Solana Memecoin MUMU

• A whale swap of $2.5M in DogWifHat for Solana memecoin MUMU has pushed MUMU’s market cap to $820.43 million.
• DogWifHat’s current 28% weekly surge has attracted consideration with potential predictions of $10 by the tip of 2024.
• MUMU’s value has elevated by 21.45% within the final 24 hours, with a buying and selling quantity of $85,098.22.

Degen Information took to X platform to report {that a} substantial transaction has occurred within the crypto market the place a whale swapped roughly $2.5 million price of DogWifHat (WIF) for Solana memecoin MUMU. This change has propelled MUMU to a market cap of $820.43 million.

MUMU’s Current Worth Surge

MUMU has seen a 21.45% enhance within the final 24 hours. The market cap and circulating provide particulars are presently unavailable. Nevertheless, the utmost provide is about at 1 quadrillion MUMU cash.

However, DogWifHat (WIF) is buying and selling at $2.46, experiencing a 7.28% lower within the final 24 hours. Its 24-hour buying and selling quantity is $508,559,083, and its market cap stands at $2,459,895,136. The circulating provide of WIF is 998,845,693 cash.

Moreover, a current YouTube video discusses the current surge in DogWifHat’s value. The video highlights DogWifHat’s rise by practically 28% over the week, with the present buying and selling value at $2.46. The video predicts a possible value bounce to $10 by the tip of 2024.

Cryptocurrency Market Overview

The crypto market is risky presently, with Bitcoin at $64,825.90 and Ethereum buying and selling at $3,143.46. DogWifHat is among the prime 17 traded cryptocurrencies, with a market cap of $2.6 billion. The video additionally mentions a pre-sale alternative for Play Doge, a associated token with play-to-earn options and staking rewards as much as 82%.

Moreover, DogWifHat has gained notable consideration resulting from its value predictions and powerful weekly features. It holds one of many strongest positions among the many prime 25 tokens. The token is being thought-about a contender to outperform PEPE coin. DogWifHat’s official Twitter account has practically 100,000 followers and has acquired notable consideration from rapper Lil Pump.

Elon Musk’s Point out and DogWifHat’s Market Influence

Furthermore, the token, created in 2018, leverages the NFT market and the DeFi world. Elon Musk’s involvement has additionally been a vital think about its journey. Throughout a current dwell stream, Musk talked about DogWifHat, sparking elevated investor curiosity and bullish sentiment.