The market value of Solana ecosystem’s new AI meme coin Flávia exceeded 40 million US dollars within 9 hours of its launch, and the current transaction volume has exceeded 64.9 million US dollars. It was initially listed at $0.02153 and is now trading at $0.0521.
The Solana- based AI memecoin has even incurred huge profits for early traders.
Onchain Lens monitoring has revealed that a whale initially purchased 59,549,920 FLAVIA tokens for 22,869 USDC. The whale has since sold 21.8 million FLAVIA tokens, earning $628,000 and holding an unrealized profit of $1.3 million. Onchain Lens added, “Right now, this whale remains the only big seller in the market. Wallet Address: H7Fr5kNSdJhuV5Wo97ByB1VLCwoJ3tzJ8Eyo47Ghxzkp”
Another trader turned $668 into $1.79 Million in 10 hours amounting to a 2693x return, as reported by LookOnchain.
This guy turned $668 into $1.79M in just 10 hours, a 2,693x return!
After 2 months of inactivity, the first token he bought was $flavia, spending only 4 $SOL($668) to buy 46.18M $flavia, which is now worth $1.79M!
If he is not an insider, he is too lucky to catch $flavia!… pic.twitter.com/Vml8xk07fa
— Lookonchain (@lookonchain) October 23, 2024
Reports suggest that Flavia is related to Trevor, the founder of the virtual internet celebrity startup Brud, and may be a product trained by Trevor using Anthropic’s computer use.
According to solscan, the top 10 Flavia holders collectively own 211,172,782.99 Tokens (21.12%)
Meanwhile, the previously leading AI memecoin GOAT has seen a decline, with its market capitalization now reported at $400 million and a trading volume of $163 million.
Also Read: Is Memecoin $GOAT the Next G.O.A.T Among AI Cryptos?
Source: https://www.cryptonewsz.com/solanas-ai-crypto-flavia-market-cap-over-40m/