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WhiteWhale "Brotherly Narrative" Meme Coin BlackWhale surges 460%, team continues to buy, ranking first in holdings
On January 9, according to GMGN monitoring, the Meme coin BlackWhale on the Solana chain experienced a significant surge today, with a 24-hour increase of 462%. The price once reached a high of $0.008 and is currently quoted at approximately $0.0066, with a market cap of around $6.6 million. It is currently the third most traded Meme coin on the list. The token is viewed by some community members as a “brother narrative” Meme coin of WhiteWhale, belonging to the follow-the-market Beta type. The recent surge may have been driven by the launch of CEX Alpha. The team leader (X: Blaaackguy) stated that after continuously buying the token, they have long held the top position in the holdings list. Monitoring shows that the address with the largest holdings (CXnxR) owns about 4.66%, having purchased 46 million tokens at an average price of $0.0003, currently with an unrealized profit of approximately $187,000 (913%). BlockBeats reminds users that Meme coin trading is highly volatile, often driven by market sentiment and hype around concepts, with no intrinsic value or practical use cases, so investors should be cautious of risks.