BROCCOLI is gaining popularity as one of the major meme coins. Today, according to data reported by crypto analyst Imk.fun, two crypto whales currently hold massive profits following their investment in BROCCOLI a few hours ago.
Whales hold $10 Million BROCCOLI profit
Today, data shared by Imk.fun showed that two prominent holders of the BROCCOLI meme coin are currently holding massive amounts of unrealized profits.
Metrics indicate that a wallet address 0xb38 previously purchased 26.4 million BROCCOLI tokens worth $1.1 million at an average price of $0.04. Currently, the whale has an unrealized profit of $5.6 million.
On the other hand, a wallet address 0x810 also purchased 39.5 million BROCCOLI tokens worth $5 million. He currently holds an unrealized gain of $4.4 million. Currently, none of these addresses have sold any tokens.
These incredible transactions have attracted greater investor interest, pushing the asset’s demand higher. Whales continue to step into the CZ meme coin, hoping that its value will further experience growth. The influence of Binance founder CZ has bolstered the token’s optimistic outlook.
BROCCOLI price updates
On Thursday, February 13, Binance founder CZ disclosed on the X platform about his dog’s themed meme coin popularly known as CZ’s Dog (BROCCOLI). The asset garnered tremendous popularity on social media channels, especially X. Its price rose to a high of $0.005 from a low of $0.001 just within the first hour of its mention. By 10:30 AM UTC, its price further surged to $0.007 while its trading volume rose by 500%.
Also, the token experienced tremendous rise of active addresses participating in its market. Daily active addresses climbed to 10,000 from a low of 1,000 just within an hour, highlighting robust interest from crypto traders and whales. Furthermore, the meme coin’s market capitalization surged from $1 million to $8 million, highlighting the quick inflow of funds into the asset.
In another interesting development, BROCCOLI’s announcement triggered a surge of various meme coins named Broccoli across different protocols. As a result, more than 300 Broccoli meme coins have launched on Binance’s Four.Meme. Likewise, Solana’s Pump.fun has recorded over 480 similar assets launched on its platform. However, CZ clarified that he has no connection with the launches of these tokens.