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Market News

Whale Profits $3.96M from Popcat, Invests in Gigachad!

Written By Dishita Malvania
Fact Checked by Jahnu Jagtap
Published October 9, 2024 1:01 PM·Updated 2 years ago
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Whale Profits $3.96M from Popcat, Invests in Gigachad!

A crypto whale recently made an impressive profit of nearly $3.96 million by selling 2.66 million Popcat (POPCAT) coins for $1.36 each. But this whale isn’t resting on their success. They still hold onto 3.45 million POPCAT tokens, worth about $4.48 million.

Not stopping there, the whale took a bold step and invested $1.45 million in Gigachad ($GIGA), another meme coin that’s gaining traction. This morning, $GIGA saw a slight rise of 2.26%, now priced at $0.04836 per token, showing promise after a week of climbing 79.49%, despite a tough market.

Crypto whale sells Popcat for GIGA
Source: Twitter

Gigachad, inspired by the famous Gigachad meme, has built a devoted community around it, attracting attention even with a relatively small market cap of $449 million. Its strong social media presence, especially its Instagram page managed by Ernest Khalimov—the model behind the Gigachad image—helps fuel its popularity. 

With engaging posts and a supportive community, GIGA is carving out its space in the crowded crypto landscape. The whale’s moves signal excitement and potential for more growth in the meme coin market. 

Also Read: Whales Bought 2 Billion DOGE in 1 Week! Is New ATH Next?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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