Memecoin WAT has skyrocketed 75 times in value within less than a month.
On June 19, iCrypto highlighted the activities of an insider with wallet address 0x1df6 (icrypto.ai/wallet/0x1df63…) and his recent buying behavior.
This Insider Previously Bought 4.96 Billion WAT On June 18th
On June 18, this insider purchased 4.96 billion WAT for $3,600 at an average price of $0.00007286.
Over the past four days, the wallet has sold 2.3 billion WAT at prices ranging from $0.00042828 to $0.00043782, realizing a profit and loss (PnL) of $83,460, marking a staggering 3,426% return.
Meme $WAT x75 times in less than 1 month
Keep watching about $WAT here: https://t.co/tHgy0fp6bD
How would you rate the score of Smart DEX Traders’ data based on the #Signal from iCrypto?
On June 19th, iCrypto talked about an Insider 0x1df6 (https://t.co/zKexe3Ag3R)… https://t.co/P3GcLBjH0P pic.twitter.com/Z1dVhmYZDY
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 3, 2024
The remarkable surge in WAT’s value underscores the volatile yet lucrative nature of memecoins, where significant gains can be achieved in a short period. The insider’s strategic buying and timely selling have demonstrated the potential for substantial profits in this high-risk, high-reward market.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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