Whale Buys $2.59 Million TRUMP and BONK Meme Coins, Signaling Rising Interest from Big Crypto Holders

The newly launched Official TRUMP memecoin has gained tremendous attention from crypto traders and is primed to see a greater substantial rally.

A whale has purchased 80 billion BONK coins for $2.17 million USDC and 634 Solana tokens. This bulk purchase also includes 398,000 Official TRUMP tokens for 1,250 Solana coins.

Whale buys 80B BONK and 398k TRUMP

According to data shared by Lookonchain, a whale has purchased 80 billion BONK coins for $2.17 million USDC and 634 Solana tokens, together worth $152,000.

This bulk purchase also includes 398,000 Official TRUMP tokens for 1,250 Solana coins, valued at $273,000.

The trader is seen to have sold 148,000 TRUMP tokens and bought 6,542 Solana coins for $1.49 million, now holding 250,000 Official TRUMP coins worth $6.4 million.

This increase in large-scale buying signals rising interest from big crypto holders, potentially highlighting a bullish outlook for Bonk and Official Trump meme coins.

Such robust whale buying activity happens because savvy traders are aware that the recent market slowdown seems to come to an end. Especially, big investors are purchasing the dip on meme coins, possibly expecting the beginning of a memecoin mega cycle. As a result, low-cap meme coins like Bonk and Official Trump are in high demand.

Solana meme coins gain attention as large investors buy when prices are still low, especially with massive interest from buyers in Bonk and Official Trump meme coins.

Yesterday, a trader was able to capitalize on the newly launched Trump token after purchasing 6 million Official TRUMP tokens for $1.1 million USDC. Within one hour and 30 minutes, his investments grew to $23 million. He sold small amounts and currently has 5.43 million TRUMP coins in his wallet, showing an unrealized profit of $20 million, according to data from Lookonchain. 

Bonk and Trump price analysis

As the digital asset market shows recovery following the positive CPI index reported last week and the incoming US presidential swearing-in, the meme coin market is gaining attention. The sector’s market cap today hit $126 billion, an increase of 6.7% over yesterday.

Tokens like Official Trump and Bonk are gaining user interest due to their potential high returns, which explains why they are registering remarkable performance.

Today, Official TRUMP led the crypto market as the top performer with a tremendous 418.12% rise over the previous day. The meme coin witnessed a huge response on Friday, January 17, when President Donald Trump launched its official cryptocurrency, TRUMP. The meme coin, which was launched on the Solana blockchain, amazed the market with its massive popularity. It became the hottest topic in multiple social media channels. Within two hours of its launch, the token saw a huge 4,200% increase, which enabled it to hit a staggering $7.7 billion market cap.  

Bonk was also one of the top performers in today’s crypto market with an incredible 6.7% increase. Its trading volume saw a 254.00% surge over yesterday, highlighting a recent increase in market activity. Over the past seven days, its price jumped 19.80%, indicating expanded positive influence.