Exploring the Strategic Investment in Dogwifhat (DWH) by Top Hedge Fund: The Power of a Penny Purchase
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- Stratos, a venture capital firm, has seen a 300x return on its investment in Solana meme coin Dogwifhat (WIF), sparking interest from other hedge funds.
- The firm invested in WIF when it was around $0.01 and is still holding onto its stash, which is now trading for $2.76.
- Despite the success, Stratos maintains a cautious approach, focusing on survival in the volatile crypto market.
Stratos, a venture capital firm, has reaped a 300x return from its investment in Solana meme coin Dogwifhat (WIF), sparking interest among other hedge funds in meme coins as a legitimate investment.
Stratos’ Investment in Dogwifhat
California-based Stratos invested in WIF in December when it was priced around $0.01. The firm is still holding onto its WIF stash, which is now trading for $2.76 according to CoinGecko data. Prior to investing in WIF, Stratos had invested in some of the “blue chip” meme coins like Dogecoin, PepeCoin, and Shiba Inu.
