Solana Based SPORE Token Sees Big Whale Investments as Price Rises
- A whale spent 1 million USDC to buy 23.18 million SPORE tokens, now up $620,000.
- An investor turned $2,600 into $1 million by trading SPORE, gaining 412 times their investment.
- SPORE’s price surged 86%, reaching a high of $0.076, with a market cap of $62.8 million.
Crypto prices have today recorded huge volatility, which has sparked much speculation around the world among traders and investors. However, there is a particular Solana-based token whose price has skyrocketed with a big bet on whales.
Whale’s on the Solana-Based Token
While the overall market is red, one whale has emerged by making such a major investment. Reportedly, according to an on-chain tracker Lookonchain, a whale acquired 23.18 million tokens of SPORE and spent a total of $1 million USDC at a mean average price of $0.04313 and is sitting on an unrealized profit of $620,000 as the said tokens are now valued around $1.62 million.
Another example, a trader converted $2,600 into a return of a great magnitude. Four days ago, an address bought 29.15 million SPORE tokens for a mere $2,600. This investment has now fetched about 412 times the amount. Selling 16.24 million of those tokens for $185,000. The trader transferred the remaining 12.9 million tokens to another address, earning an estimated total profit of $1.075 million.
SPORE’s Price Performance
The Solana-based AI agent token, SPORE, briefly touched an all-time high of $0.076, trading at $0.063 at the time of writing, marking an impressive 86% rise in the past 24 hours. With a market cap of $62.8 million and a 24-hour trading volume of $20.7 million, SPORE has seen strong momentum in recent days.
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