$WHY, a popular meme coin on the Binance Smart Chain (BSC), has experienced a phenomenal surge of over 2900% since its listing in early May. The coin saw a significant boost when BNB Chain announced the BNB Incubator Alliance at the Bitcoin 2024 Conference in Nashville, causing $WHY’s price to double in the days following the announcement. Trading activity on Smart DEX Traders peaked between the 18th and 20th of the month, followed by profit-taking from long-term holders identified as “Smart Traders.” A robust buy-back phase was observed on the 26th, though this activity has recently started to taper off.
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