The WhiteWhale meme has dropped by 60% after being accused of pulling a rug, the owners of which are withdrawing $1.3 million worth of tokens.


WhiteWhale, a community-driven Solana meme, was suddenly bought, and its market value dropped by 60% within 5 minutes.

Data on the blockchain shows that WhiteWhale, which was launched 3 months ago on Pump.fun, saw the largest. Trading with token holders is $1.3 million Monday.

The decline was sudden and without warning, causing significant damage to the investors. This event is widely described as a watershed in the cryptocurrency community.

Early investors benefited greatly

Market analyst Darke first reported a major fall in television. He wrote that the “popular meme currency” dropped from $200 million to $20 million in just a few minutes.

however, Blockchain data shows this At least one investor made a big profit. Another trader named “Remus” bought 1.5% of the tokens worth $370. The value of this contract later reached $1.2 million during the rising period. Remus then sold $220,000 worth of tokens, causing a major crash.

Source: Arkham

The seller still has about $1 million worth of WhiteWhale, even though the brand has dropped in value.

The WhiteWhale memecoin team described the event as Liquidity Event Planning to distribute ownership and reduce risk.

By Tuesday, the token had been restored to a market value of $33.8 million at $0.033 per token at the time of writing.

Half of meme money has already failed – survey

Show analysis Quiz created by CoinGecko More than 50% of cryptocurrencies have failed.

“In 2025 alone, 11.6 million signs failed, which represents a significant failure of signs, or 86.3%,” the report said.

Memecoins have been hit by a lot of market volatility throughout the year, which has caused the token to drop significantly.

“Surprisingly, in the last quarter of 2025 alone 7.7 million tokens fell, representing 34.9% of all recorded failures.”

After all, 2024 saw nearly 1.4 million jobs fail, accounting for 10.3% of all failures over the past five years.

A note The WhiteWhale meme has dropped by 60% after being accused of pulling a rug, the owners of which are withdrawing $1.3 million worth of tokens. appeared for the first time Cryptonews Arabic.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *