On January 9th, according to GMGN monitoring , the Solana-chain Meme coin BlackWhale saw a significant surge, with a 24-hour increase of 462%, reaching a high of $0.008. It is currently priced at approximately $0.0066, with a market capitalization of $6.6 million, and is currently the third most traded Meme coin. This token is considered by some in the community to be a "sibling" Meme coin of WhiteWhale, belonging to the follow-the-trend Beta type. This surge may be driven by the launch of KuCoin Alpha.
The team leader (X: Blaaackguy) stated that they have consistently held the top position in the holdings list after continuously buying the token. Monitoring shows that the current top holder (CXnxR) accounts for approximately 4.66% of the total holdings, having purchased 46 million tokens at an average price of $0.0003, and currently has a floating profit of approximately $187,000 (913%).
According to the roadmap released by the community, BlackWhale plans to conduct weekly buybacks and burns, airdrops to the community, and promises to distribute additional airdrops to holders when the price of the token reaches an all-time high.
BlockBeats reminds users that Meme coin trading is highly volatile, relying heavily on market sentiment and hype, and has no real value or use cases. Investors should be aware of the risks.
