2026-01-08 07:24:29

Recently, an interesting phenomenon has appeared on the Solana blockchain. A meme coin called WhiteWhale broke through a market cap of $110 million on January 8th, with a surge of 2,700% in the past 30 days. If calculated from December of last year, the increase has already exceeded 100 times. Currently, the number of holding addresses exceeds 12,000, with a 24-hour trading volume approaching $4.8 million, ranking fourth on the trading activity leaderboard.

The story of this coin begins from the very start. It was initially launched on pump.fun on October 13, 2025, created by community fans using the avatar of the well-known trader The White Whale. The early days were tough; the market cap only reached about $100,000 at its peak, then it hovered at low levels and even nearly collapsed at one point.

The turning point came on December 7th last year. The White Whale himself noticed that this project bearing his name might be being misused. Concerned about damaging his personal reputation, he decided to take over personally. Even more interesting, he promised to return all income to the community, earning zero profit himself. He personally bought 10,000 tokens and planned to gradually invest $140,000 of his own funds to provide liquidity, enhancing trading depth and resistance to Rug pulls.

This approach gradually evolved into a community autonomous model of "anti-KOL bloodsucking and Rug resistance." By December 20th, the project announced a $100,000 community reward plan. Such transparent operation methods are quite rare in the Meme coin ecosystem. Perhaps it is precisely because of this reverse incentive mechanism and community consensus that explains why this coin has managed to reverse from near death to a comeback.

SOL0,63%

MEME4,93%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
7
Repost
Share

Comment

0/400

PretendingToReadDocs

· 01-10 23:27

Oh my god, this is the right way to open up. KOLs personally invest money to support projects, giving back to the community with zero profit. Web3 really has hope. A hundredfold increase is honestly a bit scary, but this level of transparency and anti-Rug mechanism is indeed trustworthy. Still, be cautious of the bagholders. From a nearly collapsing 100,000 market cap in the early days to now 110 million, all because of one person's promise? I believe there are definitely other stories not told here. Wow, personally investing $140,000 to add liquidity—such KOLs are rare, but there's also the possibility of later cashing out. With 12,000 holding addresses, it feels like retail investors still dominate. Could this be another new whale game, just a different disguise?

View OriginalReply0

MintMaster

· 01-10 22:16

A hundredfold increase? I feel like this is a sign of the next rug pull. White Whale personally invested 140,000 with zero returns. Is this guy genuine or just acting? Anyway, this is the meme coin narrative we want—transparent, anti-KOL, with community consensus. I've always said that meme coins on Solana are the real entertainment, much more interesting than any public chain narrative. Wait, won't this really dump the price? I'm a bit worried.

View OriginalReply0

ImpermanentPhilosopher

· 01-10 16:04

The White Whale is real, with $140,000 self-funded liquidity... Wow, someone really plays like that. This community reward system with zero profit is just for show; we still need to see how they proceed. Stories of a hundredfold increase always claim to be anti-Rug and anti-siphoning, but what’s the reality... But this time, it’s quite interesting. The KOL actively takes over to cut losses, the strategy has flipped. WhiteWhale now has a 24-hour trading volume of $4.8 million; it remains to be seen if they can maintain this momentum. The early market cap of $100,000 has grown to $110 million; participants definitely bet on the story correctly. The question is, how long can this community governance model last? Reverse incentives are easily exploited. I’ve seen quite a few coins that oppose KOLs like this; ultimately, it depends on whose technology and consensus are more solid. But on the other hand, truly transparent projects are quite rare among meme coins, which is a bit of a rarity.

View OriginalReply0

PumpDetector

· 01-08 07:54

ngl this white whale redemption arc hits different... saw the pattern shift exactly on dec 7th, classic accumulation phase before the breakout. most kols just talk transparency, he's literally putting 140k skin in the game lol

Reply0

LongTermDreamer

· 01-08 07:53

Wow, this is the real reverse wool-harvesting. KOLs are paying out of pocket with zero returns, which is an operation that leaves the crypto community completely clueless... But does this actually boost confidence? From 100,000 dropping to near collapse and then to 110 million, I truly believe in this three-year cycle theory. History is just repeating itself.

View OriginalReply0

GasFeeCry

· 01-08 07:48

I can't believe The White Whale invested 140,000 into liquidity by itself, which is quite rare among meme coins. A hundredfold increase is too risky to chase, but this kind of model is indeed interesting. If this is truly transparent operation, then it's more reliable than most projects... Unfortunately, there are too many bad apples in this industry. I've heard too many promises of Rug-proof, but in the end, you know how it turns out. Community governance? Let's wait until the bear market comes to see how far it can go. I've seen this kind of KOL personally taking over before, usually to whitewash their reputation. A market cap of 110 million sounds pretty big, but the trading volume is only 4.8 million... that's a bit fishy. From 100,000 to 110 million, if this growth can be sustained, that would be impressive. Sounds good, KOL zero profit? I always feel something's off. Why are so many people hyping this wave? It feels like another prelude to small investors being harvested.

View OriginalReply0

ser_ngmi

· 01-08 07:47

ngl this operation is a bit outrageous, KOLs really pour real money into their own projects with zero returns? Is it true or false? A hundredfold increase sounds great, but I still want to see how it develops later. Meme coins change direction quickly. I'm a bit convinced, but this story of "anti-bloodsucking" is too perfect. I always feel something's off. From 100,000 to 110 million? How many people must have jumped in early? Those who entered early must be ecstatic. pump.fun again and again and again. This on-chain project really has the most stories. Honestly, will there really be KOLs who don't make money at all? I can't quite understand this logic for now. Holder addresses number 12,000, trading activity ranks fourth. The heat is real, just depends how long it can last. Is it serious to invest 140,000 in liquidity? Or is it better to wait and see for a more stable approach? If this community governance model can really be sustained, it might truly change some perceptions. Is the contract safe? Has anyone audited it? This is what I care about most.

View OriginalReply0