{"id":507316,"date":"2024-04-17T12:30:10","date_gmt":"2024-04-17T12:30:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=507316"},"modified":"2024-04-17T12:30:10","modified_gmt":"2024-04-17T12:30:10","slug":"whales-scoop-up-discounted-solana-meme-coins-boden-slerf-and-bome-after-flash-crypto-crash","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/whales-scoop-up-discounted-solana-meme-coins-boden-slerf-and-bome-after-flash-crypto-crash","title":{"rendered":"Whales Scoop Up Discounted Solana Meme Coins BODEN, SLERF, And BOME After Flash Crypto Crash"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Crypto whales have swooped in to buy up <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-sol-plunges-12-as-this-new-send-sol-meme-coin-offers-last-chance-to-buy-after-10m-raise\"><span style=\"font-weight: 400;\">Solana<\/span><\/a><span style=\"font-weight: 400;\"> meme coins beaten down in price by the crypto flash crash at the weekend, says blockchain tracking firm Lookonchain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Two Solana (SOL) whales acquired sloth-themed Slerf (SLERF), Book of Meme (BOME), and Jeo Boden (BODEN) from leading crypto exchanges Binance and KuCoin, Lookonchain said in a <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1779401901735575826\">post<\/a> on X.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">.<img decoding=\"async\" src=\"https:\/\/www.analyticsinsight.net\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-08-111716.png\" alt=\"Solana Price to fall as Whales take Profits, new $0.1 Token rises as new Hot Pick for February Gains\"><\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Whales Make Major Adjustments To Their Solana Meme Coin Holdings<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The whale address starting with &ldquo;4eocFb&rdquo; withdrew 31,916 SOL tokens worth around $2.56 million from KuCoin, Lookonchain said. Shortly thereafter, the whale spent 2,055 <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/top-trending-cryptos-on-solana-chain-today-ligma-node-nova-finance-artrade-token\"><span style=\"font-weight: 400;\">SOL<\/span><\/a><span style=\"font-weight: 400;\"> to purchase over 500k BODEN tokens at a trading price of $0.59.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the whale address starting with &ldquo;9CjKf5&ldquo; pulled $2.25 million worth of SOL from Binance, Lookonchain added. With this amount in hand, the whale then bought 4.68 million SLERF at $0.23 worth around $1.12 million, and also spent approximately $661k to buy 67.53 million BOME while it was trading at $0.0098.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">After the market dropped, 4 whales sold 5.68M <a href=\"https:\/\/twitter.com\/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$WIF<\/a>($12.41M) in panic!<\/p>\n<p>9WHHoq sold 3.12M <a href=\"https:\/\/twitter.com\/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$WIF<\/a> for 7.34M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a> at $2.35.<br>BdvbXr sold 1.016M <a href=\"https:\/\/twitter.com\/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$WIF<\/a> for 1.93M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a> at $1.9.<br>85Abtu sold 905,074 <a href=\"https:\/\/twitter.com\/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$WIF<\/a> for1.88M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a> at $2.08.<br>DpJGh2 sold 641,598 <a href=\"https:\/\/twitter.com\/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$WIF<\/a> for 1.26M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a> at $1.97.<\/p>\n<p>Address:&hellip; <a href=\"https:\/\/t.co\/p3ElbtiH50\">pic.twitter.com\/p3ElbtiH50<\/a><\/p>\n<p>&mdash; Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1779389277039988798?ref_src=twsrc%5Etfw\">April 14, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">There were also a number of whales that panicked and sold their holdings in SOL-based meme coins, the firm revealed in an earlier X post. Collectively, 4 large holders dumped more than $12 million worth of Dogwifhat (WIF) after they flooded the market with 5.68 million tokens.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Investors Slowly Return To The SOL Ecosystem<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The recent WIF selloff is evident in the meme coin&rsquo;s 25% plunge in the past week. WIF <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/dogwifhat\/\"><span style=\"font-weight: 400;\">dropped<\/span><\/a><span style=\"font-weight: 400;\"> more than 2% in the past 24 hours to trade at $2.16 as of 4:20 a.m. EST.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite WIF&rsquo;s ongoing troubles, the overall market cap of the Solana ecosystem recorded a slight uptick throughout the past day of trading as investors slowly resumed buying SOL altcoins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> This has buoyed some leading SOL cryptos today, including dragon-themed Smog (<\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/smog\" rel=\"nofollow\"><span style=\"font-weight: 400;\">SMOG<\/span><\/a><span style=\"font-weight: 400;\">), which is up 4.6%. New presale <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/slothana\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Slothana (SLOTH)<\/span><\/a><span style=\"font-weight: 400;\">, which is gearing up for its official launch on exchanges, put a 14-day countdown timer on its website on Apr. 15 after <\/span><span style=\"font-weight: 400;\">raising $10 million in less than two weeks.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/solana-meme-coin-slothana-raises-10m-in-presale-unveils-14-day-last-chance-to-buy-timer-ahead-of-4-20\"><span style=\"font-weight: 400;\">Solana Meme Coin Slothana Raises $10m In Presale, Unveils 14-Day Last Chance To Buy Timer Ahead Of 4\/20<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-bybit-says-btc-exchanges-supply-will-run-out-in-9-months-as-traders-turn-to-this-learn-to-earn-ico-for-10x-gains\"><span style=\"font-weight: 400;\">Bitcoin Price Prediction: Bybit Says BTC Exchange&rsquo;s Supply Will Run Out In 9 Months As Traders Turn To This Learn-To-Earn ICO For 10X Gains<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-penny-crypto-investments-top-picks-explosive-growth-calsona-j8nhe\/\"><span style=\"font-weight: 400;\">Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024!&nbsp;<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Smog (SMOG) - 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