A crypto dealer turned $458K into $4.9M in simply two weeks with Swarms, an AI-powered meme coin on Solana. The funding grew practically 10x, showcasing the speedy rise of Solana-based meme cash. Backed by SwarmShield, which gives military-grade encryption and safe communications, the AI token has gained vital consideration within the crypto market. However, the swarms token dropped by 25% within the final 24 hours regardless of its current surge.
Crypto Trader Makes $4.9M Profit in With Swarms Token
On January 11, Lookonchain revealed {that a} crypto dealer turned a $458K funding into $4.9M in simply two weeks by buying and selling swarms. As per Solscan data, the dealer initially purchased 20 million tokens for $458K. Recently, they bought 5 million for 7,232 SOL, valued at $1.35M, whereas nonetheless holding 15 million tokens value $4.02M.
Swarms powers SwarmShield, a platform offering military-grade encryption, safe communication administration, and auditing for swarm-based multi-agent programs. These superior options have pushed vital curiosity in AI meme cash, setting them other than different meme cash. The crypto dealer’s revenue highlights the rising attraction of progressive tokens combining expertise with meme tradition, attracting high-profile merchants.
Crypto Whale Profit Reflects Growing Interest in Solana Meme Coins
The large revenue of the crypto dealer highlights the rising curiosity in top Solana meme coins like swarms. These cash have acquired a lot consideration as a part of the broader increase of the Solana ecosystem. While the community grows, the rise in meme coin recognition is boosting investor sentiment and boosting Solana market buying and selling exercise.
Moreover, a crypto whale holding the AI16Z token lately began shopping for swarms and invested $12.8K when its market cap stood at $336M. This displays the rising recognition of AI-powered meme cash throughout the Solana ecosystem. With SwarmShield’s strong capabilities and growing market traction, this AI coin has grow to be a standout performer, fueling curiosity amongst merchants seeking to capitalize on Solana’s thriving meme coin market.
A $ai16z whale simply purchased $12.80K of $swarms at $336.71M MC 🐳
— Whale Watch (@whalewatchalert) January 10, 2025
Solana Ecosystem and SOL Price
SOL worth was buying and selling at $186, down roughly 3% within the final 24 hours. The token’s 24-hour high and low are $183 and $193, respectively, with a market cap of $90 billion and a buying and selling quantity of $3.4 billion. The total development of the Solana community displays the growing curiosity within the ecosystem, together with meme cash.
However, Swarms worth dropped by 25% within the final 24 hours to $0.267 regardless of the crypto dealer’s large revenue. The crypto’s market cap stood at $265 million and buying and selling quantity was $212 million. Despite this, the token has surged by 40% up to now week and 70% within the final month.
Solana meme cash are gaining traction, with exponential development in some tokens over the previous month. Coingape reported that crypto whales are making big bets on cash like WIF and POPCAT, additional signaling the rise of Solana’s meme coin development. This continued curiosity in meme cash throughout the Solana ecosystem means that the momentum will persist, attracting extra traders and merchants to the community.
Coingape Staff
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