While retail investors are buzzing about AI and meme coins, whales stack up on DAO (Decentralized Autonomous Organization) tokens like Lido DAO ($LDO) and Aave ($AAVE).
Yesterday, a whale bought 2.72M $LDO, bringing their total holdings to five.565M tokens. With the present price of $1.90 per token, this amounts to roughly $10.5M.
In response, $LDO jumped 8% and hit $1.96 but has since dropped to $1.90. Still, the whale earned a 4% profit because the token’s price was $1.82 on the time of purchase.
Whales Like WLFI Bet Big On DAO Token AAVE
$AAVE whales have also been unusually lively currently. One whale transferred $750K value of $AAVE to cold storage, which suggests a long-term investment strategy and a robust belief within the project’s future.
One other $AAVE investor cashed out $11.3M in total profits over the past two days because the token’s price grew by 25%. Nevertheless, they still hold 28K $AAVE with over $7M in unrealized gains.
Even Trump’s World Liberty Financial bought $4.7M value of $AAVE, which puts it in the highest six assets in the corporate’s portfolio, right after $ETH, $USDC, $WBTC, $STETH, $USDT, and $TRX.
The DAO token sector market cap now stands at $40B, a 2% increase prior to now 24 hours. Uniswap ($UNI) still dominates the area of interest with a $7.9B market cap, but $AAVE is quickly gaining ground with a $5.4B market cap.
It’s easy to see why whales select DAOs. Investing in DAO tokens gives them influence over the project’s trajectory, so that they can potentially secure greater profits – for themselves and everybody else.
Besides, decentralization, transparency, and democracy are the very ethos of Web3. Whales recognize that community-driven projects drive the evolution of finance and technology.
Last Likelihood to Join the Flock & Reap Rewards
One early-stage DAO with massive potential is Flockerz ($FLOCK), ‘the people’s meme coin.’
Flockerz is technically a DAO, so the core concept isn’t recent, but it surely introduces a singular V2E system where members earn rewards for voting on development proposals. No other DAO gives extra tokens for engagement.
Other than governance rights, the $FLOCK token gives its holders 249% staking APY and access to the Flocktopia community.
As one in all the best meme coins, the project has raised nearly $12.5M on presale, which is about to finish in two hours. That is the last likelihood to affix Flocktopia before $FLOCK spreads its wings and soars to recent heights.
Any DAO’s success hinges on the loyalty of its members, so Flockerz allocates a considerable 25% of the entire token supply to staking yields and one other 25% for voting rewards. These incentives encourage early birds to stay around for the long flight.
Early Bird Gets the Worm
Whale interest in DAOs demonstrates that power is shifting from corporations to the general public. The longer term of finance is community-centric, and every single one in all us can support this revolution by joining projects like Flockerz, which could explode after its presale ends.
To the flock, before it takes off, visit the Flockerz website, connect your wallet, and exchange $ETH or $USDT for $FLOCK.
Nevertheless, remember to DYOR, and don’t put all of your eggs in a single basket. Even projects with strong fundamentals don’t guarantee returns.