WhiteWhale surges 65%: From bottom rebound to Alpha launch, how much longer can the Meme coin story go on

WhiteWhale, a Meme coin on the Solana chain, has recently become a market focus. According to the latest news, since launching Alpha, WhiteWhale has increased by 65.25%, with a current price of 0.0692663 USDT. Where does this rebound come from? What is the underlying logic? As a Meme coin, can this increase be sustained? These questions are worth a deeper look.

From Bottom to Rebound: Data Comparison

Based on on-chain data analysis platform GMGN’s monitoring, WhiteWhale’s rebound is indeed fierce. The token hit a low of $0.04 last night, then quickly started a strong rebound, with a 24-hour increase of over 40%, currently quoted at about $0.067, corresponding to a market cap of approximately $67 million.

This means the upward movement from the bottom to now is quite significant. From $0.04 to $0.067, the increase is about 67.5%, which roughly aligns with the 65.25% increase mentioned in the news.

Alpha Launch as a Short-term Catalyst

Project updates boost market sentiment

WhiteWhale’s recent New Year announcement has become an important catalyst. According to related information, the project team announced significant progress regarding the treasury on January 1, emphasizing that the project does not rely solely on creator fees or liquidity provider fees, but is exploring more value-generating methods. Such announcements often stimulate community enthusiasm and market expectations.

Community enthusiasm continues to rise

From recent social media activity, WhiteWhale’s community remains quite active. Traders have reported gains of 306.2% on Moby Mobile, whale buy signals are frequent, and community discussions focus on the project’s original intention to reshape the Meme coin ecosystem. These are emotional factors driving short-term price increases.

The Dual Nature of Meme Coins

High volatility is normal

As a Meme coin on the Solana chain, WhiteWhale exhibits typical characteristics: huge trading fluctuations, heavily dependent on market sentiment and hype. The rebound from $0.04 to $0.067 looks good, but such volatility is quite common among Meme coins.

Benchmarking in the same track

The performance of PIPPIN, also in the Solana ecosystem, has been outstanding, with a 12% rise in the past hour and a 24-hour increase of 25.2%, with a market cap of about $468 million. This indicates that the entire Solana Meme coin sector is experiencing an emotion-driven upward cycle, not just WhiteWhale alone.

Key Focus for Follow-up

Can the price hold steady?

A 65% short-term increase is already quite impressive. The key is whether it can stabilize at a higher price level. From a technical perspective, whether $0.067 can become a new support level is very important.

Substantive project progress

Launching Alpha is just the beginning. More importantly, whether the project can fulfill its promise of generating value from the treasury in the future. If it is just conceptual hype, the rebound may be difficult to sustain.

Summary

WhiteWhale’s 65% increase indeed attracts attention, but this is mostly driven by market sentiment typical of Meme coins. The Alpha launch and New Year announcements provide short-term catalysts, and community enthusiasm is also quite high. However, as a Meme coin, its nature determines that trading is highly volatile, heavily reliant on market sentiment, and lacks real value or use cases. Investors need to recognize this and evaluate risks rationally. Short-term rebounds are easy, but whether they can be maintained depends largely on the project’s actual progress meeting market expectations.