BlockBeats News, January 9th, according to GMGN monitoring, on-chain Solana Meme coin BlackWhale saw a significant surge today, with a 24-hour increase of 462%, reaching a high of 0.008 USD at one point. It is currently trading at around 0.0066 USD, with a market cap of 6.6 million USD, ranking third on the trading volume leaderboard among Meme coins. The token is considered by some in the community to be a “brother narrative” Meme coin to WhiteWhale, belonging to the pump-follow Beta category. This surge may be attributed to the KuCoin Alpha listing.
The team leader (X: Blaaackguy) stated that he has been consistently buying this token and has long been at the top of the holder list. Monitoring shows that the current top holder address (CXnxR) holds approximately 4.66% of the supply, purchasing 46 million tokens at an average price of 0.0003 USD, currently having an unrealized profit of around 187,000 USD (913%).
BlockBeats reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and speculative hype, without actual value or use case. Investors should be aware of the risks.
