TechFlow reports on January 24 that according to monitoring by ai_9684xtpa, two cryptocurrency whale addresses collectively invested $900,000 in the token TMC within the past six hours, becoming the third- and fourth-largest holders of the token.
Specifically, address 9QbKG...2jGwF purchased 23.06 million tokens at an average price of $0.02214, investing $510,000; address AHw7K...dgUUc bought 18.93 million tokens at an average price of $0.02056, investing $389,000.
Notably, these two addresses previously earned over $1.2 million and $1.81 million respectively through projects such as SWARMS, BUZZ, arc, and ai16z.
TMC is a memecoin launched by a developer with 16 years of development experience and 1.5K followers on GitHub. Its market cap peaked at $36.9 million earlier today and has since declined to $14.1 million.
Risk warning: The cryptocurrency market is highly risky and volatile, and meme tokens carry particularly high risks. Investors should make cautious decisions and guard against financial losses.
