Wednesday, October 30, 2024
HomeExchangeWintermute's Meme Coin Dominance: Strive DWF Labs with GOAT

Wintermute's Meme Coin Dominance: Strive DWF Labs with GOAT

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  • Wintermute lately took an aggressive stance on meme cash.
  • The agency has a major place in Goatseus Maximus (GOAT).
  • Wintermute is trying to dethrone DWF Labs because the #1 market maker.

Wintermute, a number one market maker, plans to dominate the meme coin business, surpassing its rival DWF Labs. The agency has adopted a extra aggressive fashion in current months and elevated its publicity to Goatseus Maximus (GOAT).

Cryptoanalyst @ai_9684xtpa posted on X that Wintermute is aggressively shopping for GOAT, reflecting the “growing professionalization of the meme monitor.” The analyst additionally shared holdings of Wintermute meme cash.

With main market makers coming into the meme coin market, the analyst requested what units the totally different meme cash aside. Wintermute's place in GOAT is valued at $721 million, whereas its stakes in PEPECOIN and MOODENG are $908 million and $772 million, respectively.

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Portfolio of meme cash by Wintermute

Wintermute's meme portfolio contains MONKE, MOG, MEW, APU, SPX, NEIRO and PEPE. PEPECOIN, MOODENG and GOAT are the highest three holdings, the others are within the high 10. Wintermute additionally holds POPCAT, $michi, BONK, WIF, FLOKI, MOTHER, BABYDOGE, COK and DEGEN.

Additionally Learn: Solana Meme Coin Market Cap Rises To $12.2 Billion, WIF Leads The Pack

In line with information from CoinMarketCap, the overall market capitalization of the meme coin sector is an enormous $70 billion, up 6.4% within the final 24 hours, whereas the overall cash traded available on the market is a whopping $11 billion. Most tokens within the meme coin area have been bullish prior to now day as Bitcoin reclaimed the $72,000 value degree.

Meme coin sector leaders Dogecoin (DOGE) and Shiba Inu (SHIB) are up 6.8% and 4.6% within the final 24 hours, respectively. DOGE has seen big good points over the previous seven days, rising 27.6%.

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Disclaimer: The data supplied on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any type. Coin Version shall not be accountable for any losses incurred on account of the usage of stated content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.

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