The $JANET memecoin, inspired by AI NPC women, is seeing a remarkable surge in trading activity, with its 24-hour volume skyrocketing to $19.7 million.
The token, which is the first AI meme project on Ethereum ($ETH), has attracted over 2,600 holders as it experiences a strong upward momentum.
📈MEMECOIN UPDATE: $ETH memecoin $JANET (@NeuralJanet) sees a surge in trading activity, with its 24-hour volume reaching $19.7M and the number of token holders surpassing 2,600! pic.twitter.com/9wtafS79kS
— 0xMedia (@0xmediaco) October 22, 2024
Following a successful launch, where it quickly reached a $20 million market cap, $JANET has now formed its first Bull Flag pattern and recently broke out, signaling further bullish potential.
Whale Wallet Buys 5.36 Million $JANET
One notable development is the accumulation of $JANET by a prominent crypto trader, known by the wallet address 0x9bad, who belongs to the well-known Twitter user @HopiumPapi. In the past 22 hours, this trader purchased 5.36 million $JANET tokens, worth $78.3K at an average price of $0.01454.
This trader has a solid history of big wins, including making $500.7K from $PEPE (gaining 1,300%), $5.9 million from Bitcoin (gaining 2,000%), and $396.7K from $SPX (with a 582% increase).
📈$JANET – Accumulation from KOL
The wallet 0x9bad belongs to @HopiumPapi, he bought 5.36M $JANET ($78.3K) with AVG price $0.01454 in the past 22h.
Notably, this guy has impressive trading history, making $500.7K from $PEPE (+1,300%), $5.9M from $BITCOIN (+2000%) and $396.7K… pic.twitter.com/0vffB2fStQ
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) October 23, 2024
As of now, his top holdings include:
1. $BITCOIN: 23.02 million tokens worth $6.1 million.
2. $SPX: 1.4 million tokens valued at $1.08 million.
3. $JANET: 5.36 million tokens worth $66.1K.
With key opinion leaders (KOL) beginning to accumulate $JANET, the token appears positioned for further growth as the meme token market continues to evolve.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: sakchai/123RF // Image Effects by Colorcinch
