- Wintermute has lately adopted an aggressive positioning on meme cash.
- The corporate holds a big place in Goatseus Maximus (GOAT).
- Wintermute seeks to dethrone DWF Labs as the #1 market maker.
Wintermute, a number one market maker, plans to dominate the coin market making trade, surpassing rival DWF Labs. The corporate has adopted a extra aggressive fashion in current months and elevated its publicity to Goatseus Maximus (GOAT).
Crypto analyst @ai_9684xtpa posted on X that Wintermute is aggressively shopping for GOAT, reflecting the “rising professionalization of the meme observe.” The analyst additionally shared Wintermute's coin holdings.
As main market makers enter the meme coin market, the analyst requested what units completely different meme cash aside. Wintermute's place worth for GOAT is $721 million, whereas his holdings in PEPECOIN and MOODENG are $908 million and $772 million, respectively.
Wintermute Meme Coin Pockets
Wintermute's meme market creation portfolio contains MONKE, MOG, MEW, APU, SPX, NEIRO and PEPE. PEPECOIN, MOODENG and GOAT are the highest three holdings, with the others within the prime 10. Wintermute additionally owns POPCAT, $michi, BONK, WIF, FLOKI, MOTHER, BABYDOGE, COK and DEGEN.
Additionally Learn: Solana Meme Coin Market Cap Hits $12.2 Billion, WIF Leads the Pack
In response to knowledge from CoinMarketCap, the whole market capitalization of the meme coin trade stands at $70 billion, up 6.4% within the final 24 hours, whereas the whole silver traded available in the market quantities to 11 billion {dollars}. The vast majority of tokens within the meme coin house have been bullish over the previous day as Bitcoin reclaimed the $72,000 worth degree.
Coin trade leaders Dogecoin (DOGE) and Shiba Inu (SHIB) are up 6.8% and 4.6%, respectively, over the previous 24 hours. DOGE has printed monumental good points over the previous seven days and is up 27.6%.
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