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Solana ecosystem AI concept coin GEN big pump 58% suspected large whale increase the position millions of coins
[Block Rhythm] On July 18, according to data from the platform, the Solana ecosystem AI concept meme coin GEN has seen a 24-hour rise of 58.73%, with a market capitalization currently reported at 20.32 million USD and a 24-hour trading volume of 1.1 million USD.
On-chain data shows that a whale address suspected to be behind ai16z and ARC has built a position of 2.4 million GEN earlier this week, and today has made multiple additional purchases, bringing the total holdings to several million.
Remind users that Meme coins have no real use cases, price volatility is high, and investment should be cautious.