Missed SPX, MOG, WOJAK? Crypto Whale To Follow To Make Millions

A crypto whale nabbed significant investor attention, making millions by trading meme coins SPX, WOJAK, MOG, and PEPE.
By Coingape Staff
Missed SPX, MOG, WOJAK? Crypto Whale To Follow To Make Millions

Highlights

  • A crypto whale raised eyebrows across the global crypto community recently, making millions trading meme coins.
  • Notably, the trades encompassed PEPE, MOG, WOJAK, and SPX tokens.
  • The mentioned meme coins are currently on a price rally, bringing additional attention to the profits.

In an unprecedented development, a crypto whale has caused a frenzy across the broader industry on Thursday, making millions with the meme coins SPX6900 (SPX), Mog Coin, WOJAK, and Pepe Coin (PEPE). Recent on-chain data indicated that the smart trader made over $5 million worth of profit trading the abovementioned tokens. Meanwhile, market watchers continue to zero in on the trader’s address, primarily due to the remarkable profit-making trading strategies.

Advertisement
Advertisement

Crypto Whale Nabs Millions Trading SPX & These 3 Coins

According to the data revealed by Lookonchain on October 17, the unknown wallet address 0xCa3C.. has made $2.19 million on Pepe Coin, $1.7 million on SPX6900, $1.37 million on MOG, and $207K on WOJAK with their recent trading strategies. Following a recent price upswing in SPX, the trader started offloading their SPX6900 holdings for remarkable profits. Simultaneously, the smart trader started accumulating more PEPE and WOJAK, sparking optimism.

Notably, data indicated that the crypto whale spent $57K to buy 10.1 million SPX6900 from mid-December last year to May this year. Subsequently, the whale sold 9.1 million SPX for $1.12 million after the token witnessed a price rally. This trade offered a profit of $1.7 million.

Simultaneously, the same address accumulated Pepe Coin since December 10 last year and owns 318 billion PEPE, worth $3.24 million, in two wallets to date. The unrealized gains for this holding is estimated at $2.19 million.

Additionally, the trader also holds 648.4 billion MOG, worth $1.29 million, with a profit of $1.37 million. Altogether, the smart trader currently holds over $3 million worth of PEPE, over $1 million worth of Mog Coin, and nearly half a million dollars worth of the remaining two coins each. The trading strategies have promptly echoed a buzz across the top meme coins sector as market watchers look to amass similar staggering profits.

Crypto whale's holdings (WOJAK, SPX, PEPE, MOG)

Advertisement
Advertisement

How Are The Coins Performing?

Meanwhile, SPX price today witnessed a 4% drop to $0.6568. However, the coin’s weekly and monthly charts indicated gains worth 11% and 2141%, respectively.

Simultaneously, WOJAK price dipped nearly 8% today, reaching $0.001259. However, weekly and monthly charts for the token underscored an increase of 27% and 118%, respectively.

PEPE price showcased a 3% decline in value to $0.00001013 today. Nevertheless, the coin was up 9% weekly and 64% over the month.

Lastly, MOG price gained nearly 3% today, reaching $0.000001972. The coin’s weekly and monthly charts underscored gains worth 40% and 112%, respectively.

Altogether, the abovementioned stats have garnered significant investor attention toward the meme-themed digital assets sector. Besides, it’s also worth mentioning that Dogecoin, another renowned meme token, rides optimistic waves across the market. CoinGape Media reported that DOGE price could hit $0.5 amid rising whale activity, aligning with the gains witnessed across the meme coins sector. Crypto market enthusiasts continue to monitor the sector in light of recent events.

Advertisement
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.