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A certain on-chain whale accumulated approximately 2.4 million GEN tokens
BlockBeats News, July 16th, according to GMGN data, a16z Whale, ARC, accumulated approximately 2.4 million GEN. This whale had previously made over $1.9 million in profits with a16z. The GEN token's market cap has surpassed $15 million, with a 12% surge in the last 24 hours and a 24-hour trading volume of $1.1 million.
BlockBeats reminds users that meme coins often lack practical use cases, exhibit significant price volatility, and investment should be approached with caution.
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