Mysterious Investor Bought Solana-Based Mem Token, Listed on Binance Shortly After! Is This A Coincidence?

While the meme coin craze has reignited recently, interest in the recently launched Solana-based meme coin Dogwifhat (WIF) is growing.

At this point, while many investors made huge profits with WIF investment, Lookonchain shared another one of these investors.

Accordingly, an investor withdrew $1 million worth of 10,038.6 Solana from Binance and immediately received WIF.

Following the acquisition of WIF, Binance announced that it had listed WIF in futures and there was a huge price increase.

While this WIF purchase attracted attention, Lookonchain also pointed out the lack of time between the investor’s WIF purchase and the Binance listing and asked, “Is this a coincidence?” He asked, implying that the investor may have received inside information.

“A new wallet withdrew 10,038.6 SOL ($1 million) from Binance today and spent 10,036 SOL ($1 million) to purchase 2.68 million WIF.

Approximately 16 hours after this purchase, Binance announced that it had listed WIF in futures!

Is this a coincidence?”

After Binance’s announcement, WIF started to rise and increased by more than 30 percent.

As you may remember, another investor recently bought WIF worth $8.65 million, claiming that WIF would be listed on Binance. The identity of this person or whether it is the same person as the investor receiving WIF today is unknown.

*This is not investment advice.