Meme Coin Recovery: Dojoyfat (WIF) and Floki Eno (FLOKI) Lead the Ride

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WIF

$2.1209

+12.47%

FLOKI

$0.00018365

+5.71%

Amid the crypto bloodbath that sent Bitcoin below $60,000, memes are showing signs of recovery. While BTC and ETH are not showing significant signs of recovery, Dojoyfat (WIF) and Floki Eno (FLOKI) are showing a positive rally.

Dujoyfat (WIF) rises 22.52% amid whale activity

dogwifahat (WIF) has seen a significant rise, rising 22.52% over the past 24 hours to $1.87. Part of the rise in prices can be attributed to increased whale activity.

Lookonchain reported noticeable whale activity at WIF:

The whale that previously lost $4.63 million on a WIF is back in the market, spending $3.77 million to acquire 2.06 million WIFs at an average price of $1.83. This move, buying at a higher price after selling at a lower price, highlights the feelings of FOMO (fear of missing out) currently surrounding WIF.

Another early WIF investor increased his position, purchasing an additional 938,434 WIF (worth $1.6 million) four hours ago

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