A crypto whale withdrew $7.12 million worth of PNUT from Binance after the token surged 2000% in a week. The whale also holds GOAT, which has gained 60%, signaling growing interest in meme coins.
The newly listed tokens on Binance, Peanut the Squirrel and Goatseus Maximus, continued to generate optimism among crypto billionaires.
A titan withdrew $7.12 million in PNUT from Binance on Saturday, as the price experienced a 2000% increase in a week. In addition, the whale possesses GOAT, which has experienced a 60% increase in value over the past week. The increasing interest in meme currencies is indicated by the whale activity.
Crypto whale accumulates PNUT worth millions.
A crypto titan withdrew 3.848 million PNUT from Binance to a personal address on November 16, according to Solscan. The total value of this transfer was $7.12 million, which garnered attention due to the fact that crypto whales frequently predict forthcoming market movements. The price of PNUT has increased by a staggering 2000% in the past week.
The whale recently made another significant move with GOAT, in addition to PNUT. The trader acquired 10 million GOAT tokens at an average price of $0.61, investing $6.1 million. GOAT, which has recently experienced a 60% increase, has now increased by 90% since the whale purchase. The whale is presently sitting on a floating profit of $5.5 million from this investment.
This increase in the prices of PNUT and GOAT is consistent with the general increase in meme currencies, particularly on the Solana blockchain. The potential for additional gains in PNUT has captivated the attention of both crypto investors and traders as it continues to trade at an all-time high.
The popularity of Solana meme coins is on the rise.
The emergence of Ethereum-based meme currencies has facilitated a significant increase in Solana meme tokens during this bull market. The Solana meme coin sector is experiencing growth, as evidenced by the recent ATHs of coins such as ACT and PNUT.
PNUT is currently trading at $1.85, with a 24-hour low of $1.63 and a high of $2.17. It has experienced a 2000% weekly increase and a 3000% increase over the past month, with a 24-hour trading volume of $2.88 billion.
In the interim, Goatseus Maximus-GOAT, an additional meme coin domiciled in Solana, is also benefiting from this bull market. GOAT has rapidly acquired traction within the crypto community, as it was named after a viral tweet by @truth_terminal and is supported by an AI bot.
The price of GOAT is expected to reach $5, with a current trading price of $1.155. The 24-hour low was $0.899, and the high was $1.26. The daily trading volume is approximately $593.36 million, and it has increased by 52% over the past week and 300% over the past month.
