Solana Meme Coin $POPCAT Surges 11% In 24 Hours, Whale Exercise Boosts $SOL Staking

ByTecha Viral
Solana Meme Coin $POPCAT Surges 11% In 24 Hours, Whale Exercise Boosts $SOL Staking

Solana meme coin $POPCAT (@POPCATSOLANA) has surged 11% within the final 24 hours, making it the highest gainer among the many high 100 cash by market cap.

The sudden spike in worth has attracted consideration from traders, significantly sensible cash that has been shopping for up $POPCAT in important quantities.

Over the previous two days, a savvy dealer spent 4.13 million $USDC to buy 6.11 million $POPCAT at a median worth of $0.68. These transactions had been executed by way of two separate wallets, showcasing a strategic transfer to capitalize on the meme coin’s rising momentum.

In the meantime, whale exercise within the Solana ecosystem has additionally picked up steam. A whale lately purchased a further 10,000 $SOL, price roughly $1.37 million, and staked it simply 11 hours in the past. That is a part of a broader sample for the whale, who has been steadily accumulating and staking $SOL over the previous month.

This Whale Has Acquired 50,000 $SOL Over Final 30 Days

In whole, this whale has acquired and staked 50,000 $SOL, valued at $6.85 million, during the last 30 days. The staking rewards have already generated 174 $SOL, equal to $23.7K, offering a profitable return for the whale’s staking technique.

With $POPCAT climbing quickly and whales staking giant quantities of $SOL, it’s clear that each meme tokens and blue-chip cash on the Solana community are seeing elevated exercise. As traders look to make the most of these tendencies, $POPCAT and $SOL might proceed to dominate discussions within the crypto house. Whether or not the meme coin surge will final stays to be seen, however for now, each belongings are seeing important beneficial properties.

Disclosure: This isn’t buying and selling or funding recommendation. All the time do your analysis earlier than shopping for any cryptocurrency or investing in any shares.

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