Coin Edition -
- Memecoin whales’ activity suggests a deliberate move to trigger FOMO.
- The whales are influencing mini breakouts across multiple memecoins.
- DOGE, PEPE, WIF, and BONK all experienced mini breakouts this weekend.
Data from Santiment, a market analysis platform, has revealed a developing trend among memecoins in the cryptocurrency market. In a recent post on X, the platform showed how larger wallets in the memecoin sector are working to trigger a notable dynamic across some memecoins to prepare the market for profit-taking.