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Market News

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

Written By:
Dishita Malvania

Reviewed By:
Jahnu Jagtap

Last updated: October 9, 2024 3:36 PM
Published 2024-10-09
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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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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
Follow:
Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:
Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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