Whale Acquires $1 Million Of $PENGU & Investors Pour Millions Into Flockerz Presale
The post Whale Acquires $1 Million Of $PENGU & Investors Pour Millions Into Flockerz Presale appeared on BitcoinEthereumNews.com.
A crypto whale made headlines by acquiring $1 million worth of $PENGU tokens on Christmas Eve. It further fueled excitement around the controversial token’s steady price increase. At the same time, the new meme coin Flockerz is drawing significant attention. It raised nearly $8 million through its presale to date, with less than a month left before its exchange listings. $PENGU: From Launch Debacle to Price Surge to Whale Investments $PENGU is a penguin meme-inspired cryptocurrency and the official token of the Pudgy Penguins NFT collection. It has become a market standout due to its dramatic comeback after a disappointing exchange listing. Initially, the token faced market scrutiny as airdrop recipients dumped their holdings in the first couple of days post-listing. It caused the price to plummet. This selling pressure tested the project’s community and developers, but $PENGU’s bounce back has been remarkable. Through a combination of marketing efforts and strong community engagement, the project has recovered and is experiencing a sustained rally. Its price has spiked from a recent low of $0.028 all the way up to $0.038. Thus, it experienced a 35% increase in just one day. The latest milestone in $PENGU’s journey is a massive $1 million purchase by a crypto whale. It’s a move first reported by Lookonchain on X. This whale was also a part of the $PENGU airdrop. His wallet was credited with 116.7 million $PENGU worth $3.52 million. – Advertisement – A whale who received an airdrop of 116.7M $PENGU($3.52M) spent 5,250 $SOL($1M) to buy an additional 34.42M $PENGU today! The whale hasn’t sold any $PENGU and now holds a total of 151.12M $PENGU($5.08M).https://t.co/p5JEeH6nUs pic.twitter.com/ZgYm5vm7Wv — Lookonchain (@lookonchain) December 24, 2024 All the data provided by Lookonchain can also be confirmed by checking Solscan, Solana’s official blockchain explorer. Investments of this size quickly…
Filed under: News - @ December 27, 2024 10:24 am