{"id":30942,"date":"2024-05-18T17:22:50","date_gmt":"2024-05-18T17:22:50","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/dogwifhat-and-popcat-sell-off-as-whale-dumps-tokens\/"},"modified":"2024-05-18T17:22:50","modified_gmt":"2024-05-18T17:22:50","slug":"dogwifhat-and-popcat-sell-off-as-whale-dumps-tokens","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/dogwifhat-and-popcat-sell-off-as-whale-dumps-tokens\/","title":{"rendered":"Dogwifhat and Popcat sell-off as whale dumps tokens"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/whale-tail-diving-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/whale-tail-diving-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/whale-tail-diving-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/whale-tail-diving-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Dogwifhat (WIF) price was down 11% on the day as top meme coins struggled.<\/span><\/li>\n<li><span style=\"font-weight: 400\">The Popcat (POPCAT) token also traded lower, falling by 20% in 24 hours.<\/span><\/li>\n<li><span style=\"font-weight: 400\">A whale has dumped both WIF and POPCAT tokens at a loss.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Dogwifhat ($WIF) and Popcat (POPCAT) are down double-digits in the past 24 hours as the overall meme coins market experiences a significant sell-off.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Dogwifhat sheds 11% amid meme coin slip<\/span><\/h2>\n<p><span style=\"font-weight: 400\">WIF, one the tokens to <a href=\"https:\/\/coinjournal.net\/news\/dogwifhat-flips-pepe-as-wif-hits-new-ath\/\">catayse the rise of meme tokens<\/a> on the Solana network, was down 11% in 24 hours on May 18.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Dogwifhat price has declined by 17% in the past week. WIF currently trades at $2.56.<\/span><\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/x\/Oxij9e6r\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-204713\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/05\/wif-usd-price.png\" alt=\"\" width=\"705\" height=\"224\"\/><\/a><\/p>\n<p><span style=\"font-weight: 400\">Comparatively, top meme coins Dogecoin, Shiba Inu, Pepe and Floki are all green in the last seven days despite shedding gains in the 24-hour period. These tokens are however in the red in the past 24 hours.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Popcat (POPCAT) down 20% in 24 hours<\/span><\/h2>\n<p><span style=\"font-weight: 400\">As well as Dogwifthat, another meme token losing by double-digits in the past day and week is Popcat. The Solana internet meme token is down 20% over the last 24 hours to see weekly loses hit 14%.<\/span><\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/x\/5PNy48y0\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-204714\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/05\/popcat-price-chart.png\" alt=\"\" width=\"705\" height=\"224\"\/><\/a><\/p>\n<p><span style=\"font-weight: 400\">Popcat\u2019s lack of inherent value is likely to contribute to further price pressures if bears intensify their control in the meme coin market. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The token changed hands around $0.3, down more than 48% since hitting an all-time high above $0.71 on May 4.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Whale dumps WIF and POPCAT<\/span><\/h2>\n<p><span style=\"font-weight: 400\">As noted by Lookonchain, onchain data <a href=\"https:\/\/x.com\/lookonchain\/status\/1791845923368366350\" target=\"_blank\" rel=\"noopener\">shows<\/a> a whale has dumped WIF and POPCAT at a loss just days after splashing on the meme tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The whale bought $2.18 million worth of WIF, acquiring 732,481 WIF tokens at the price of $2.98 three days ago. Data also shows the large meme holder scooped 716,344 POPCAT at $0.5 for a total of $361,000.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Today, the whale dumped 732,481 WIF for $1.85 million and 716,344 $POPCAT for $281,000. This resulted in losses of $336,000 on Dogwifhat and $80,000 on POPCAT.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/dogwifhat-and-popcat-sell-off-as-whale-dumps-tokens\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Dogwifhat (WIF) price was down 11% on the day as top meme coins struggled. The Popcat (POPCAT) token also traded lower, falling by 20% in 24 hours. A whale has dumped both WIF and POPCAT tokens at a loss. Dogwifhat ($WIF) [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":30943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/30942"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=30942"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/30942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/30943"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=30942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=30942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=30942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}