Will $DEGEN's Rally Continue?

The price of $DEGEN has soared impressively by over 200% in the last 7 days, leading the #Base trend. However, investors are now wondering if this momentum will sustain, especially in light of recent developments.

Concerns arise as 8 of the top 20 DEGEN-holding wallets, collectively owning 1.29B $DEGEN (approximately $62M), equivalent to around 10.3% of the self-reported circulating supply, have accrued a staggering $57.3M in total profit from the token.

Notably, some of these wallets have been actively selling $DEGEN in the past 12 hours, potentially contributing to the recent price decline.

📋 Here are the addresses of these eight wallets:

0x2f79978041392ebb7f1f741939e63e70c8e70100

0xfb5cf1164e6efcffdaed4d953677af9c5d049458

0x9393df30f721bd27ea98265d0b3943f1678d8912

0x3a8a1f045cd4f7246c6b3a78861269cc6065433a

0x9b4da8243fced2f6b0ea59c098ccc6724f309ea0

0xe5b169ab8d2cfeddd4fa7f81d391bbb64fc0deed

0x64baeb02876aa58078aa25c1c43b7a5492873559

0x24e38acd773616cdf54a1c12ecadcd5d047ce600

As investors closely monitor these movements, the future trajectory of $DEGEN remains uncertain. Stay tuned for updates as the situation unfolds!