Attention from major investors: This notable transaction was announced by Lookonchain on November 26, 2024, when a savvy investor spent 4.74 million USDC to purchase Dogwifhat tokens. The story garnered particular interest from the community when Lookonchain detected trading activities on the Solana blockchain.

Market cap and trading volume surge: Dogwifhat, launched in 2023, is currently ranked fourth among the largest meme tokens with its market capitalization increasing from 0 to 3.35 billion USD. Meanwhile, its trading volume has surged by 130.30% compared to 24 hours ago, indicating a strong rise in trading activities.

Support from major exchanges: WIF’s price surged after Robinhood added this token to its trading list. Currently, WIF is among the 19 cryptocurrencies available for trading on Robinhood. Coinbase also added WIF earlier this month, continuing the trend of positive support from major exchanges.

Investment strategy in Dogwifhat: Major investors are now adopting the strategy of buying low and selling high when the opportunity arises. This helps them leverage the price volatility in the crypto market, especially with tokens like Dogwifhat, which often have significant fluctuations.