According to Michaël van de Poppe (@CryptoMichNL), $W remains a notable altcoin in his portfolio due to its strategic move of bridging Dogecoin to the Solana blockchain, which could enhance liquidity and cross-chain activity. Furthermore, $W's exclusive partnership with BlackRock's BUIDL project and additional partners signals institutional interest and potential ecosystem growth. These developments, combined with observed bullish divergence in technical analysis, present critical trading signals that could influence short-term and long-term price action for $W and related Solana-based assets (Source: Twitter/@CryptoMichNL, June 5, 2025).

According to Lookonchain, a Solana-based trader profited over $1 million from memecoin trading in just 7 days by executing 88 token trades with a 71.59% win rate and an average holding time of less than one hour. @gmgnai classified this trader as a 'paper hands' participant, indicating a rapid buy-and-sell strategy focused on quick gains and high turnover. This approach demonstrates the profitability potential of high-frequency trading and short holding periods in the volatile memecoin sector, as reported by Lookonchain (source: Lookonchain, Twitter, April 25, 2025).