Solana's on-chain Meme token, WhiteWhale, has surged 80% in the past 24 hours, and its market capitalization has increased 25 times in ten days.

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According to ChainCatcher, WhiteWhale, a Meme coin on the Solana chain, has been surging since the 20th, with a cumulative increase of over 2500%. It accelerated its rise again last night and this morning, breaking through previous highs, with a 24-hour increase of 80%. It is currently trading at approximately $0.0521, with a market capitalization of $52.19 million.

According to monitoring, a smart money address (CJtQ) spent $9,600 to buy Meme tokens on December 4th when its market value was $540,000. Currently, this holding has a floating profit of $378,000, a return of approximately 90 times. In addition, other Meme tokens on Solana also performed well during the same period: FKH: up 28% in 24 hours, with a market value of $15.71 million and a current price of approximately $0.0157; CHILLHOUSE: up 55.4% in 24 hours, with a market value of $6.15 million and a current price of approximately $0.0061. ChainCatcher reminds users that Meme token trading is highly volatile, heavily reliant on market sentiment and hype, and has no real value or use cases; investors should be aware of the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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