Recent reports suggest that whales have been purchasing cryptocurrencies following the rise in popularity of meme coins on the Solana network.

Quick Summary:

As Solana meme coins like BOOK OF MEME (BOME) and dogwifhat (WIF) capture the spotlight in the crypto sphere, a new player is emerging on the scene.

Notably, Pendle (PENDLE) is witnessing a surge in investor interest, with its price rallying nearly 5% today.

For context, in a recent update from Lookonchain today, significant activity has been observed in PENDLE accumulation by whales.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: Solana (SOL) Solana Meme Coins 24/7 Cryptocurrency News Pendle

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-10 @ 17:28:57 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 495 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20657469

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Main Topics: Crypto

Official Website: coingape.com

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