Solana memecoin SelfieDogCoin ($SELFIE) has experienced a staggering rise, with its price skyrocketing over 570% in just one week and an astonishing 850% over the past month.

The token’s market capitalization has now surpassed $50 million, drawing significant attention in the crypto community.

Top Whale In $MICHI, $MOTHER and Others Capitalizes On This Surge

Among the notable players capitalizing on this meteoric rise is a prominent whale known for their involvement in $MICHI, $MOTHER, and $MINI.

This investor, who initially entered $SELFIE at its lowest point, has realized a remarkable unrealized profit of $645,000, reflecting an impressive 1175% return on investment.

After investing $10,000 when $SELFIE had plunged to rock bottom, this whale had earlier committed $45,000, enduring substantial losses during the token’s 95% dip.

The turnaround began when $SELFIE’s market cap surged from a low of $45 million to $50 million within two weeks, signaling a strong recovery and rally. This rapid appreciation highlights the volatility and potential for significant gains within the memecoin sector.

The recent surge in $SELFIE’s price underscores the high-risk, high-reward nature of the crypto market, especially in the memecoin category. As the token continues to attract attention, both new and seasoned investors are closely monitoring its performance, hoping to capitalize on the ongoing momentum.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: balage941/123RF // Image Effects by Colorcinch