WHITEWHALE: Surges 798% in a week, surpassing a market capitalization of $50 million

TL;DR

WHITEWHALE (SOL chain meme coin) currently has a market capitalization of $50.9 million, with a 7-day increase of 798% (close to the 863% mentioned in the query), and a price of approximately $0.0513. The core catalysts for this surge are the community takeover (CTO) on December 7th, the listing on the XT.com exchange, and the resonance of the "whale trader" narrative. On-chain data shows 8,210 holding addresses, but the top 10 holders account for a high concentration of 48.6%, with net selling pressure reaching $1.05 million over the past 7 days. Overall social sentiment is bullish, with KOLs emphasizing transparency and long-termism, but the risk of high concentration should be noted.

Core Analysis

Market capitalization and price performance verification

Market capitalization breakout confirmed :

• Current market capitalization : $50.9 million (as of December 29, 2025, UTC) coingecko
• Fully diluted valuation (FDV) : $50.9 million - $51.4 million
• Circulating supply : Approximately 999 million tokens (close to the total supply of 1 billion tokens)

Price surge trajectory :

• 7-day increase : +798% (CMC data, 2025-12-29 UTC) coinmarketcap
• 24-hour increase : +77-86%
• Current price : $0.0513
• Price path (CoinGecko daily closing):
  • December 25: $0.0102
  • December 26: $0.0126
  • December 27: $0.0200
  • December 28: $0.0281
  • December 29: $0.0504 (4-day cumulative increase of 394%)

Trading activity :

• 24-hour trading volume : $13.9-15.5 million
• Active trading pairs : 16 (mainly the WHITEWHALE/SOL and WHITEWHALE/USDC pools on Raydium)

Basic information about the token

Contracts and Supply :

• Contract address : a3W4qutoEJA4232T2gwZUfgYJTetr96pU4SJMwppump
• Total supply : 999 million tokens (no additional issuance mechanism)
• Circulating supply : close to total supply (meme coins are not locked up)
• Blockchain : Solana SPL Token
• Official website : https://whitewhalememe.com/

Exchange listing status :

• Centralized exchanges : XT.com (WHITEWHALE/USDT spot trading, launching on 2025-12-28), BingX (WHITEWHALE-USDT perpetual contracts), MEXC (hints at support).
• Decentralized exchanges : Raydium (main liquidity pool), PumpSwap, Pump.fun (original issuance platform, created on 2025-10-13)
• Not yet available : Leading centralized exchanges such as Binance and OKX do not yet support it.

On-chain data analysis

Cryptocurrency holdings distribution (as of 2025-12-29 UTC):

• Total number of addresses holding the token : 8,210
• Concentration of top 10 holders : 48.6%
• Top 3 holders details :

7-day transaction data (December 22 to December 29, 2025, UTC):

• Number of transfer transactions : 94,519 (total number of transfers: 168,678)
• Total transactions : 2.689 billion tokens (approximately 269% of the total supply)
• DEX trading volume : $12.96 million (primarily on Raydium)
• Number of transactions : 71,337 unique transactions (out of a total of 96,666 transactions)

Transaction flow :

• Purchase volume : $5.955 million
• Sales volume : $7,007,000
• Net outflow : -$1.052 million ( net selling pressure exists )

Liquidity status :

• Main Pool : Raydium WHITEWHALE/SOL Pool (Address: ad7qa1dkyandtwpxw5vahyf38rzxco4by4zrpbdmvzkr )
• Recent liquidity removal : A small withdrawal of $325.83 was recorded on December 28, 2025.

Social Emotions and Narratives

Core narrative source :

• The "White Whale Trader" legend : Inspired by the trader who triumphed over the MEXC funds freeze in October 2025, symbolizing resilience in the face of adversity.
• Community Takeover (CTO) : Announced on December 7, 2025 by @TheWhiteWhaleV2, emphasizing a community self-governance model without paid KOLs or a roadmap . x.com
• Treasury Management : Token lock-up until 2063, interest-bearing deposits, and limit orders support long-term stability.

Social popularity index :

• Entering the Solana Meme Coin Top 20 : Ranked by Market Capitalization (Data as of 2025-12-28)
• Twitter discussion volume : Core posts received 25,000-60,000 views, and the "GWW" greeting became a community identifier.
• Transparency measures : Regular financial reporting, rejection of certain CEX listing applications deemed unethical.

Summary of KOL opinions :

Points of contention :

• The original developers sold off their holdings before the price surge, raising concerns about insider trading . (x.com)
• The community emphasizes the need for transparent operations after the CTO took over and to separate these operations from the actions of early developers.

Overall emotional polarity :

• Bullish sentiment is driven by factors such as transparency, community execution, and KOL endorsements.
• Risk factors : Meme coin's inherent speculative nature, developer sell-offs leading to FUD (failure to pay off) and lack of fundamental value.

Analysis of catalysts for price surge

Multidimensional catalytic factors :

1. Community Takeover (CTO) Effect : The announcement of the CTO on December 7th triggered a 5.4-fold increase in stock price, marking a shift from project-driven to community-governed development.
2. Exchange listings : XT.com launches spot trading (December 28), BingX supports perpetual contracts to improve liquidity.
3. On-chain signals : Smart funds inflow and reduced supply from top holders since December 2nd (analysis by @cryptorinweb3) x.com
4. Marketing campaign : 100,000 USDC airdrop, whale buyouts (e.g., a single transaction of 6.31 million tokens/240 SOL)
5. Narrative Resonance : The Quarterly Craze for Solana's Meme Coin and its Cultural Alignment with the "Spirit of Resistance"

Timeline summary :

risk assessment

High-risk factors :

1. Concentration risk :

   • The top holder (Orca DEX entity) holds 25%, posing a liquidity risk to a single entity.
   • The top 10 companies control 48.6% of the supply, raising the possibility of concentrated selling pressure.

2. Net selling pressure :

   • Net outflow of $1.052 million over the past 7 days
   • Buying $5.955 million vs. selling $7.007 million, early profit-takers exited the market.

3. Technical analysis is lacking .

   • Unable to obtain technical indicator data such as RSI and MACD
   • Lack of support/resistance levels and continuation signal criteria

4. Meme Coin Attributes :

   • No intrinsic value, no revenue model, purely narrative-driven
   • Highly volatile, dependent on community sentiment and liquidity.

5. Top exchanges are absent :

   • Major platforms such as Binance and OKX do not support it, resulting in limited liquidity.
   • The community has revealed that it has refused to allow certain centralized exchanges (CEXs) to launch their services, which may limit mainstream adoption.

Neutral/positive factors :

• Liquidity lock-up : The treasury is locked until 2063, reducing the risk of a rug pull.
• Transparent Operations : Regular Reporting, Explicit Opposition to Paid KOLs
• Innovative Mechanism : The Jackpot model's fee distribution has been adopted by Pump.fun.

in conclusion

WHITEWHALE has confirmed a price increase of approximately 800% within a week (close to the 863% mentioned in the query), successfully surpassing the $50 million market capitalization mark and becoming a Top 20 Meme coin in the Solana ecosystem. This surge was driven by multiple catalysts: community takeover, exchange listing, on-chain accumulation, and narrative resonance.

However, the high concentration of holdings (48.6%), the net selling pressure over the past 7 days, and the inherent speculative nature of Meme coin pose significant risks. While overall social sentiment is bullish, there are controversies surrounding developer sell-offs, and the lack of technical analysis data limits the assessment of trend continuation.

At this stage, it is more suitable for speculators with a very high risk appetite. It is recommended to closely monitor the activities of the top 10 holders, the progress of the launch on mainstream CEXs, and the implementation of transparency in community treasury systems.