Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

MicroStrategy director quietly dumps all his MSTR shares

04/07/2025

Animoca Brands invests in Astar to grow Sony-linked blockchain ecosystem

04/07/2025

JPMorgan unit developing blockchain-based platform to tokenize carbon credits

04/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Sell Bitcoin or Hold? Sobering Economic Model by Investor Fred Krueger

    04/07/2025

    What to Expect in Bitcoin in June? Expert Analysts Share Their Predictions

    04/07/2025

    Bitcoin Rebounds Above $104,300 as Tariff Chaos Triggers Nearly $1B in Liquidations

    04/07/2025

    Gold Reasserts Safe Haven Status, But Bitcoin’s Path May Be Brighter: Analysts

    04/07/2025

    SharpLink Gaming Makes Bold $4.82M Ethereum Investment, Reinforcing Massive Digital Asset Strategy

    02/07/2025

    Unveiling the Crucial Impact of a $39.8M Coinbase Prime Transfer

    02/07/2025

    Will Ethereum Coin Hold the $2,400 Support?

    02/07/2025

    Ethereum Transaction Activity Surges as Analysts Predict Breakout Toward $10K

    02/07/2025

    Animoca Brands invests in Astar to grow Sony-linked blockchain ecosystem

    04/07/2025

    What’s New in Berachain’s RFRV Batch 8 This Week

    04/07/2025

    SUI TVL Rises as Microsoft Integration Sparks Institutional Momentum

    04/07/2025

    VanEck’s new fund targets real-world utility in Avalanche ecosystem

    04/07/2025

    Art Blocks’ PostParams Enable a New Medium for Generative Art

    03/07/2025

    Researchers Use AI to Reconstruct 3,000-Year-Old Babylonian Hymn

    02/07/2025

    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    01/07/2025

    Donald Trump Made His New Move Concerning Memecoin TRUMP!

    01/07/2025

    MicroStrategy director quietly dumps all his MSTR shares

    04/07/2025

    Animoca Brands invests in Astar to grow Sony-linked blockchain ecosystem

    04/07/2025

    JPMorgan unit developing blockchain-based platform to tokenize carbon credits

    04/07/2025

    Sell Bitcoin or Hold? Sobering Economic Model by Investor Fred Krueger

    04/07/2025
  • Blockchain

    JPMorgan unit developing blockchain-based platform to tokenize carbon credits

    04/07/2025

    Ice Open Network Partners XCOIN Network to Integrate VSwap for Seamless Crypto Experience

    04/07/2025

    Vitalik slams fake decentralization in crypto, says founders build ‘straw houses’

    04/07/2025

    Moca Chain Integrates zkMe as Chief Issuer for Financial and Demographic Credentials

    04/07/2025

    AI Meets Zero-Fee Blockchain in a Big Partnership

    04/07/2025
  • DeFi

    DeFi Enters New Era as Injective Debuts High-Speed Testnet Making it the Only L1 With Unified VM Layer

    04/07/2025

    Multi-Token Swaps Go Live as Burve Debuts on Berachain

    04/07/2025

    Solana Treasury Firm Expands SOL Holdings and Staking Strategy With $2.7M Purchase

    04/07/2025

    Zilliqa Leads with 41% Surge

    04/07/2025

    Justin Hyun on Building Affluent’s DeFi Super‑App in Telegram

    04/07/2025
  • Metaverse

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025

    Mark Zuckerberg Unveils New Meta AI Lab After Poaching OpenAI Talent

    01/07/2025

    Can China’s MiniMax-M1 AI Topple US Rivals? We Put It to the Test

    28/06/2025

    Meta and OpenAI Use of Copyrighted Books for Training AI Was Fair Use: Federal Judge

    26/06/2025

    How to Get Your Chatbot to Talk Dirty

    18/06/2025
  • Regulation

    MicroStrategy director quietly dumps all his MSTR shares

    04/07/2025

    Tokenized US Treasuries Grow by $340M in Just Under Three Weeks

    04/07/2025

    Dow Jones inches up, S&P 500, Nasdaq gain as Trump pressures Fed

    04/07/2025

    Crypto Is the Future, Says CEO of $1.5 Trillion Financial Giant

    04/07/2025

    Billionaire Investor Calls No-Interest Stablecoins ‘Outrageous’ as Key US Bill Advances

    04/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Top Optimism DEX Velodrome Launches On-Chain Swap Infra for Superchain

    03/07/2025

    new era for derivative trading on onchain wallet

    03/07/2025

    FTX Reveals Next Repayment Date to Fully Compensate Large Creditors

    03/07/2025

    Gate Surpasses 30 Million Global Users, Accelerating Its Rise as the Next-Generation Crypto Exchange

    03/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    EverQuest, Planetside Co-Creator Reveals Open-World Shooter Game ‘Reaper Actual’

    03/07/2025

    Former Riot, Blizzard Game Developers Raise $30.5M to Build AAA Shooter on Etherlink, Tezos L2

    03/07/2025

    Floki’s Valhalla to Take Over Delhi NCR with Real World Campaign

    03/07/2025

    Moku Chief Business Officer shares why crypto gaming is broken — and how to fix it

    03/07/2025

    CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest

    03/07/2025

    What Are Bitcoin Miners Waiting For?

    02/07/2025

    MARA Bitcoin Production Slides 25% as Mining Environment Toughens

    02/07/2025

    Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan

    01/07/2025

    Why the XRP Legal Battle Still Isn’t Officially Over

    03/07/2025

    Senate Passed Trump’s “Big, Beautiful Bill” With 51-49 Vote

    03/07/2025

    Ripple’s post-2018 XRP sales to institutional buyers don’t violate SEC conditions

    02/07/2025

    New Developments Regarding the Fate of Terra (LUNA) Founder Do Kwon – There May Be a Glimmer of Hope, Here Are the Critical Dates

    02/07/2025

    MicroStrategy director quietly dumps all his MSTR shares

    04/07/2025

    Animoca Brands invests in Astar to grow Sony-linked blockchain ecosystem

    04/07/2025

    JPMorgan unit developing blockchain-based platform to tokenize carbon credits

    04/07/2025

    Sell Bitcoin or Hold? Sobering Economic Model by Investor Fred Krueger

    04/07/2025
  • MarketCap
NBTC News
Home»Altcoins»Whales Spark Optimism In Memecoin Market to Draw Retail Investors
Altcoins

Whales Spark Optimism In Memecoin Market to Draw Retail Investors

NBTCBy NBTC30/12/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


  • Larger wallet holders trigger memecoin breakouts to create FOMO, boosting retail investor activity and market caps.
  • DOGE and PEPE saw gains of 241% and 243% since November 5, while WIF and BONK experienced retracements after initial surges.
  • Santiment predicts profit-taking by large wallets could cause a market retracement despite ongoing memecoin momentum.

Santiment, a market analysis platform, has identified a growing trend in the memecoin market involving larger wallet holders. According to the platform, these significant players are initiating price breakouts across various memecoins. This tactic appears to attract retail investors by creating a Fear of Missing Out (FOMO) atmosphere, boosting market activity.

🐶🐸😺 Meme coins are quietly having more mini breakouts this weekend. For coins like Dogecoin, Pepe, Dogwifhat, and Bonk, the larger wallets could continue to pump market caps longer until retail FOMO returns. Once the crowd catches wind and get greedy, the larger wallets sell… pic.twitter.com/KD9OeqnaBe

— Santiment (@santimentfeed) December 8, 2024

Large Wallet Holders Impacting Memecoin Momentum

Notably, the memecoin sector, known for its high volatility, has recently experienced notable gains. Large wallet holders have played a pivotal role in this by targeting market caps of popular tokens, including Dogecoin (DOGE), Pepe (PEPE), Dogwifhat (WIF), and Bonk (BONK). By driving mini breakouts, these investors appear to set the stage for a bullish sentiment that draws in retail investors.

DOGE, the largest memecoin by market capitalization, has shown impressive performance since the November 5 crypto market breakout. Its price climbed over $0.48 for the first time since 2021, recording a 241% rally. Similarly, PEPE surged by 243%, hitting a new all-time high, while WIF and BONK followed with gains of 158% and 243%, respectively.

Profit-Taking Strategies Spark Market Speculation

Additionally, Santiment noted that large wallet holders aim to capitalize on the current bullish trend. Once FOMO attracts sufficient retail interest, these players are expected to liquidate their positions.

Consequently, this profit-taking strategy could lead to a retracement in the market. Despite this prediction, certain tokens like PEPE continue to show strong momentum, suggesting the potential for further upward movement.

Mixed Performance in the Wake of Breakouts

However, the broader impact of these activities is evident in the fluctuating performance of key memecoins. WIF, after its initial surge, experienced a significant retracement before resuming an upward trend.

Moreover, BONK faced a similar dip following its rally but later regained traction to stabilize at $0.00004697. These movements highlight the dynamic and unpredictable nature of the memecoin market.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Animoca Brands invests in Astar to grow Sony-linked blockchain ecosystem

04/07/2025

What’s New in Berachain’s RFRV Batch 8 This Week

04/07/2025

SUI TVL Rises as Microsoft Integration Sparks Institutional Momentum

04/07/2025

VanEck’s new fund targets real-world utility in Avalanche ecosystem

04/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

MicroStrategy director quietly dumps all his MSTR shares

04/07/2025

Animoca Brands invests in Astar to grow Sony-linked blockchain ecosystem

04/07/2025

JPMorgan unit developing blockchain-based platform to tokenize carbon credits

04/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.