Floki Listed! Insider Wallets Show the Next Memecoin Jackpot
- Tier-1 exchanges like Coinbase and Binance secretly accumulate memecoins before public listings.
- Recent Coinbase listings of PEPE, WIF, and FLOKI spark excitement.
- On-chain analysis reveals insider wallets profiting from memecoin surges.
Crypto exchanges recent meme coins listings including Floki Inu without prior announcements have raised speculation of insider strategy. Theres no doubt that the meme coin market is in a frenzy as Tier-1 exchanges such as Coinbase and Binance introduce new tokens at rapid space. Market observers believe that these platforms are capitalizing on the meme coin craze, attracting massive trading volume and generating substantial profits through fees.
However, one analyst suggests that insiders are secretly accumulating meme coins before public listings, setting the stage for massive gains. He termed this as the Tier-1 exchange effect. For instance, Coinbase, in recent months, has listed tokens like PEPE and WIF out of the blue, catching the market off guard. Now, Floki Inu has too joined the bandwagon, fueling speculation of insider trading patterns. This strategy has led to significant windfalls for early investors, with some tokens like PNUT and ACT delivering up to 100x gains.
Based on-chain data, wallets linked to these exchanges have accumulated specific meme coins well before their official listings. With a combined strategy of buying low and capitalizing on post-listing price surges, insiders have reaped huge rewards. This pattern underscores the importance of identifying potential meme coins before they hit major platforms.
Floki Inu: Memecoin Profits Driven by Insider Accumulation
As per the analyst, the latest meme coin trend goes beyond just hype, its about timing. On-chain analysis suggests that exchanges strategically buy tokens in advance, leveraging market demand to drive prices higher after listing. For investors, this presents both an opportunity and a challenge: to identify the next breakout token before it becomes mainstream.
Coinbases recent addition of Floki Inu signals a continuation of this trend, with the memecoin community eagerly watching for the next big move. As more investors become aware of the Tier-1 exchange effect, the competition to spot insider wallets and profitable tokens intensifies.
Read more: https://www.tronweekly.com/floki-insider-wallets-memecoin/
Text source: TronWeekly
