The rise of Solana-based memecoins continues, with $POPCAT gaining significant traction, especially among large investors. Despite broader market downtrends since March, $POPCAT has defied expectations, steadily rising in value since its launch. The increasing decentralization of top holders is a testament to its growing popularity. Strength of Solana Memecoins accounting for Top Holder Decentralization. Top Holders = at least 0.01% of supply$GIGA $POPCAT $WIF #RETARDIO pic.twitter.com/tDkuxrwnkA — Murad (@MustStopMurad) September 11, 2024 On-chain data reveals that whales are aggressively buying into $POPCAT. Recently, one whale swapped around $800,000 worth of $WIF for $POPCAT. Now, he is converting his $SOL holdings
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