BlockBeats News, January 20th, according to GMGN monitoring, a new address showed that after the Meme coin “1” saw its market value rise to $9 million yesterday, it made two purchases at the peak, totaling 1.54 million tokens and investing approximately $137,000, briefly ranking third on the token’s holdings list.
As the coin’s market value surpassed $16 million today, the address has partially sold its holdings, realizing a profit of around $97,000, with a return rate of 71%. Currently, it still holds about 1.27 million tokens worth around $190,000, ranking fourth on the holdings list and also being the largest buyer address of the coin in the past 24 hours.
In the current market, there are many coins with the same Meme name. Currently, the token contract with the highest liquidity is:
“1”: 0xff5d99a5c16cf2ffb4e7da1d7c42a791e70e4444
BlockBeats Note: Meme coins experience significant price volatility, rely heavily on market sentiment and hype, have no actual value or use case, and investors should be aware of the risks.
