DWF Labs, perhaps one of the most controversial market-making companies in the cryptocurrency world, seems to have added a new altcoin to its portfolio, and interestingly, this token is in the memecoin class.
According to information from Onchain data, DWF Labs recently collected $654,000 worth of Hamster Kombat (HMSTR) tokens from various cryptocurrency exchanges.
Following this action by DWF Labs, the HMSTR price has indeed seen an impressive rally, rising by over 90% in the last 24 hours. As of this writing, the HMSTR price is trading at $0.005764.
At the time of writing, DWF Labs has approximately $15 million in assets in its cryptocurrency wallets, which has seen a $500,000 increase in the past 24 hours thanks to the market rally. The company’s top altcoins include DEXE at $2.60 million, GALA at $2.01 million, and AXL at $1.87 million.
*This is not investment advice.
