Emily Walker
Amid the excitement surrounding AI and meme coins, large investors, known as whales, are accumulating DAO (Decentralized Autonomous Organization) tokens such as Lido DAO ($LDO) and Aave ($AAVE).
Recently, a whale acquired 2.72 million $LDO tokens, increasing their total to 5.565 million. Given the token’s price of $1.90, this investment is valued at approximately $10.5 million.
This activity pushed the price of $LDO up by 8% to $1.96, but it has since returned to $1.90. Nevertheless, the whale made a 4% profit, having bought the tokens when the price was $1.82.
Whales are Making Moves with AAVE
Investors in $AAVE have also been quite active. One whale moved $750,000 in $AAVE to cold storage, indicating a commitment to a long-term investment and confidence in the token’s future.
Another investor sold $11.3 million in profits over the last two days, as the $AAVE price surged by 25%. They still retain 28,000 $AAVE, which represents over $7 million in unrealized gains.
Even World Liberty Financial, associated with Trump, purchased $4.7 million worth of $AAVE, placing it among their top six assets following $ETH, $USDC, $WBTC, $STETH, $USDT, and $TRX.
The market capitalization of the DAO token sector has risen to $40 billion, reflecting a 2% increase in the past day. Uniswap ($UNI) still leads this sector with a valuation of $7.9 billion, while $AAVE is quickly climbing with a market cap of $5.4 billion.
Whales are drawn to DAO investments because they offer a degree of influence over project developments, enhancing the potential for profits for both themselves and the wider community.
Additionally, the principles of decentralization, transparency, and democracy align with the ethos of Web3. Whales acknowledge that community-driven initiatives are pivotal to the advancement of finance and technology.
Last Opportunity to Get In and Reap the Benefits
An emerging DAO with significant promise is Flockerz ($FLOCK), recognized as ‘the people’s meme coin.’
Flockerz embodies the DAO concept but stands out with its novel Vote-to-Earn (V2E) model, rewarding members for participating in voting on development decisions. This approach distinguishes it from other DAOs by providing additional tokens for engagement.
In addition to governance rights, holders of $FLOCK benefit from an impressive 249% staking APY and entry into the exclusive Flocktopia community.
As a leading meme coin, Flockerz has garnered nearly $12.5 million during its presale, which ends in just two hours. This is the final chance to join Flocktopia before $FLOCK takes off.
The success of any DAO depends heavily on member loyalty, which is why Flockerz dedicates 25% of its total token supply to staking rewards and another 25% to voting incentives. These strategies encourage early participants to remain committed.
The Early Bird Advantage
The interest from whales in DAOs signals a shift of power from corporations to the public domain. The future of finance is becoming community-oriented, and everyone can contribute to this transformation by backing projects like Flockerz.
Take advantage of this opportunity before it passes by; head to the Flockerz website, connect your wallet, and trade $ETH or $USDT for $FLOCK.
However, be sure to conduct your own research (DYOR), and diversify your investments. Even projects that appear solid can carry risks.