While retail investors are interested in AI coins and meme coins, whales are piling into DAO (Decentralized Autonomous Organization) tokens like Lido DAO ($LDO) and Aave ($AAVE).
Yesterday, a whale bought $2.72 million of LDO, bringing its total holdings to 5.565 million tokens. With the current price of $1.90 per token, this works out to approximately $10.5 million.
In response, $LDO jumped 8% and reached $1.96 but has since fallen to $1.90. However, the whale made a 4% profit as the price of the token was $1.82 at the time of purchase.
Whales like WLFI are betting big on DAO Token AAVE
$AAVE whales have also been unusually active recently. One whale transferred $750,000 worth of AAVE into cold storage, indicating a long-term investment strategy and strong belief in the future of the project.
Another AAVE investor withdrew his money $11.3 million gross profits Over the past two days, the price of the symbol has increased by 25%. However, they still have $28K of AAVE with unrealized gains of over $7M.
Even Trump’s global financial freedom He bought $4.7 million worth of AAVEwhich places it among the top six assets in the company’s portfolio, right after $ETH, $USDC, $WBTC, $STETH, $USDT, and $TRX.
The market cap of the DAO token sector now stands at $40 billion, an increase of 2% in the past 24 hours. Uniswap (UNI) still dominates the space with a market cap of $7.9 billion, but AAVE is quickly gaining ground with a market cap of $5.4 billion.
It’s easy to see why whales choose Decentralized Autonomous Organizations (DAOs). Investing in DAO tokens gives them influence over the course of the project, so they can secure greater profits – for themselves and for everyone else.
Moreover, decentralization, transparency and democracy are the soul of Web3. Whales recognize that community-led projects drive the development of finance and technology.
Last chance to join the herd and reap the rewards
One early-stage DAO with huge potential is Fluckers ($FLOCK)“The People’s Meme Coin.”
Flockerz is technically a DAO, so the basic concept isn’t new, but it does offer a unique V2E system where members earn rewards for voting on development proposals. No other DAO gives extra tokens for staking.
Aside from governance rights, the $FLOCK token gives its holders a 249% APY stake and access to the Flocktopia community.
Regarded as one of the top meme currencies, the project has raised nearly $12.5 million from the pre-sale, which is scheduled to end in two hours. This is your last chance to join Flocktopia before $FLOCK spreads its wings and soars to new heights.
The success of any DAO depends on the loyalty of its members, so Flockerz allocates a significant 25% of the total token supply to staking revenues and another 25% to voting rewards. These incentives encourage early birds to continue on the long journey.
The early bird gets the worm
The whales’ interest in DAOs shows that power is shifting from corporations to the public. The future of finance is community-centered, and every one of us can support this revolution by joining projects like Flockerz.
To the herd, before take-off, pay a visit Flockers websiteConnect your wallet and exchange $ETH or $USDT for $FLOCK.
However, remember DYOR, don’t put all your eggs in one basket. Even projects with strong fundamentals do not guarantee returns.
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