Most seasoned traders are prepared for the arrival of the crypto bullrun and Bitcoin’s teasing of $68,000 is only just the beginning. As signals point to the inevitable arrival of the long-awaited crypto bull run, experienced traders are making their move.
In particular, one big-time trader is buying our memecoins amid the memecoin wave currently powering the crypto market. This trader who once made $5 million in profits from trading THETA and ICP has now placed his bets on BEFE, WIF, and SHIB.
Memecoins Continue to Dominate
As the crypto community is already aware BEFE, WIF and SHIB have all surged incredibly over the past week. While dogwifhat has gone up by over 300% in the last two weeks, Shiba Inu’s SHIB has outdone itself by taking the 10th spot on the top 10 crypto with the biggest market cap.
Indeed, Shiba Inu is a force to be reckoned with. For a token that started off as a memecoin rival to DOGE, Shiba Inu has blown away all expectations to emerge on top. In fact, once the project launched Shibarium, its layer 1 blockchain network, the project shed its memecoin status. Some are expecting FLOKI to do the same with its rapid growth.
Presently, both THETA and ICP are performing well in the market. Both assets have surged by 20%-25% according to CoinMarketCap analytics. If this trader has traded THETA and ICP for BEFE, dogwifhat, and Shiba Inu, perhaps a monumental surge is still awaiting these memecoins despite their initial pump.
When WIll the Next Meme Pump Arrive?
As more and more funds flow into crypto another analyst mentions that seeing memecoin pump first is extraordinary. This is because it signifies retail’s return to crypto. According to this analyst memecoins are safe and familiar and invite new and old users to enter crypto.
Soon, he expects these funds to flow faster and further to more crypto tokens as well as other altcoins. Memecoins are solely community-driven projects and a strong community is what will make the token meet new ATHs.
WIF, BEFE, and SHIB all have incredibly dedicated communities who have all stuck by the tokens since their launch. Now, after months of community growth, the time has come for these tokens to surge. How far will these tokens ride the crypto bull this season? We will find out soon as the Bitcoin Halving event approaches.
Find Out More Here:
Website: befetoken.com
Telegram: t.me/befetoken
Twitter: twitter.com/befetoken
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The post A Trader who Made 5M$ Profit in Selling Theta and ICP Buys Out BEFE, dogwifhat, and Shiba Inu appeared first on Crypto News Land.
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