A crypto whale has achieved a exceptional $5.66M revenue in simply two weeks by investing within the ai16z (AI16Z) token. The token surged 33% within the final 24 hours, displaying sturdy momentum. This whale’s success story is a testomony to the profitable alternatives accessible for individuals who strategically navigate the cryptocurrency panorama.
Crypto Whale’s Worthwhile Funding in AI16Z Token
On December 28, Lookonchain evaluation revealed {that a} crypto whale had made a major funding in AI16Z, a Solana-based token. According to Solscan, this whale withdrew 10M USDC from Coinbase to buy 13.16M AI16Z tokens.
The whale’s timing was impeccable. They acquired the tokens on December 11, when the token was undervalued, offering them with a possibility to capitalize on a subsequent worth rally. In simply two weeks, the worth of their holdings surged from their preliminary funding to a powerful $15.66 million, yielding a revenue of $5.66 million.
Lookonchain additionally famous that the crypto whale created a brand new pockets particularly for this transaction. Inside hours of withdrawing the USDC from one of many top crypto exchanges, they spent $5 million to amass 7.04 million tokens at a mean worth of $0.71. In whole, the whale bought 13.16 million AI16Z tokens, rigorously leveraging their funds to maximise returns.
AI16Z Token Value Context
AI16Z token is the primary enterprise capital agency led by AI brokers and has attracted the curiosity of crypto whales resulting from its exceptional progress. Over the previous month, the token’s worth has soared by 515%. On the time of writing, it was buying and selling at $1.21, reflecting a 33% surge. Its worth fluctuated between a 24-hour low of $0.82 and a excessive of $1.20, showcasing sturdy market momentum.
The token has a market cap of $1.28 billion and a buying and selling quantity of $108 million. This means sturdy market curiosity and liquidity. As a Solana-based coin, AI16Z token advantages from the community’s effectivity and scalability. These options place it effectively inside the rising ecosystem of decentralized finance. The token additionally helps AI-driven funding methods.
Furthermore, a Solana-based meme coin Pudgy Penguins (PENGU) price was surged as a crypto whale accrued 79.9 million tokens for $2.47 million. This rally has positioned PENGU as the highest Solana meme coin, surpassing BONK and dogwifhat (WIF) in market efficiency.
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Disclaimer: The offered content material could embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.
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