BROCCOLI Meme Coin Gains Popularity as Whales Hold $10 Million in Unrealized Profits

Today, data shared by Imk.fun showed that two prominent holders of the BROCCOLI meme coin are currently holding massive amounts of unrealized profits.

Crypto analyst Imk.fun has reported that two crypto whales made massive profits from their investment in the meme coin, BROCCOLI, a few hours ago.

According to Imk.fun, the 1st & 2nd biggest $broccoli holder are now in huge profit "by buying the dip and haven't sold any!"

The report further showed that a wallet address 0xb38 spent $1.1M to buy 26.4M $broccoli at an average price of 0.04, now in $5.6M profit (+520%).

"While 0x810 spent $5M to buy 39.5M $broccoli at an average price of 0.126, now in $4.4M profit (+88%)."

BROCCOLI price surged as high as 520% after Binance founder CZ mentioned his dog’s themed meme coin on X. The asset began the session trading at $0.004, but its price rose to a high of $0.005 within the first hour.

Later in the day, its price further surged to $0.007 as traders continued buying the meme coin in large volumes. Notably, BROCCOLI’s price surged by 520% from a low of $0.001.

Meanwhile, data from Imk.fun showed that active addresses also surged from 1,000 to 10,000 within an hour. At the beginning of the session, only 1,000 active addresses participated in the market. However, as traders showed more interest in BROCCOLI, active addresses rose tenfold.

Moreover, BROCCOLI’s market capitalization also surged from $1 million to $8 million. At the open, the meme coin’s market cap stood at $1.1 million. But as more funds flowed into the asset, its market capitalization rose rapidly.

In another development, CZ's announcement also triggered a massive launch of various meme coins named Broccoli across different protocols.

"As a result, over 300 Broccoli meme coins have launched on Binance's Four.Meme. Similarly, Solana's Pump.fun has recorded over 480 similar assets launching on its platform."

However, CZ clarified that he has no connection with the launches of these tokens.