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 5.565M tokens. With the current 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 as the token’s price was $1.82 at the time of purchase.
Whales Like WLFI Bet Big On DAO Token AAVE
$AAVE whales have also been unusually active lately. One whale transferred $750K worth of $AAVE to cold storage, which suggests a long-term investment strategy and a strong belief in the project’s future.
Another $AAVE investor cashed out $11.3M in total profits over the past two days as the token’s price grew by 25%. However, they still hold 28K $AAVE with over $7M in unrealized gains.
Even Trump’s World Liberty Financial bought $4.7M worth of $AAVE, which puts it in the top six assets in the company’s portfolio, right after $ETH, $USDC, $WBTC, $STETH, $USDT, and $TRX.
The DAO token sector market cap now stands at $40B, a 2% increase in the past 24 hours. Uniswap ($UNI) still dominates the niche with a $7.9B market cap, but $AAVE is quickly gaining ground with a $5.4B market cap.
It’s easy to see why whales choose DAOs. Investing in DAO tokens gives them influence over the project’s trajectory, so they can potentially secure greater profits – for themselves and everyone else.
Besides, decentralization, transparency, and democracy are the very ethos of Web3. Whales recognize that community-driven projects drive the evolution of finance and technology.
Last Chance to Join the Flock & Reap Rewards
One early-stage DAO with massive potential is Flockerz ($FLOCK), ‘the people’s meme coin.’
Apart from governance rights, the $FLOCK token gives its holders 249% staking APY and access to the Flocktopia community.
As one of the best meme coins, the project has raised nearly $12.5M on presale, which is set to end in two hours. This is the last chance to join Flocktopia before $FLOCK spreads its wings and soars to new heights.
Any DAO’s success hinges on the loyalty of its members, so Flockerz allocates a substantial 25% of the total token supply to staking yields and another 25% for voting rewards. These incentives encourage early birds to stick around for the long flight.
Early Bird Gets the Worm
Whale interest in DAOs demonstrates that power is shifting from corporations to the public. The future of finance is community-centric, and each single one of 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.
However, remember to DYOR, and don’t put all your eggs in one basket. Even projects with strong fundamentals don’t guarantee returns.
