As retail investors show interest in AI and meme coins, whales are piling into Decentralized Autonomous Organization (DAO) tokens like Lido DAO ($LDO) and Aave ($AAVE).
Yesterday, a whale purchased $2.72 million worth of LDO, bringing its total holding to 5.565 million tokens. With the current price of $1.90 per token, this equates to approximately $10.5 million.
In response, $LDO jumped 8% and reached $1.96, but has since fallen to $1.90. Nevertheless, the whale made a profit of 4% since the price of the token was $1.82 at the time of purchase.
Whales like WLFI are betting big on the DAO AAVE token
$AAVE whales have also been unusually active lately. A whale transferred $750,000 from AAVE to cold storage, suggesting a long-term investment strategy and strong confidence in the project’s future.
Another $AAVE investor took in $11.3 million in total profits over the past two days as the token’s price rose 25%. However, they still hold $28,000 AAVE with over $7 million in unrealized winnings.
Even Trump’s World Liberty Financial purchased $4.7 million worth of $AAVE, putting it among the top six assets in the firm’s portfolio, just behind $ETH, $USDC, $WBTC, $STETH, $ USDT and $TRX.
The market capitalization of the DAO token industry now stands at $40 billion, an increase of 2% in the last 24 hours. Uniswap ($UNI) still dominates the niche with a market cap of $7.9 billion, but $AAVE is quickly gaining ground with a market cap of $5.4 billion.
It’s easy to understand why whales choose DAOs. Investing in DAO tokens gives them influence over the trajectory of the project, allowing them to potentially achieve greater profits – for themselves and everyone else.
Furthermore, decentralization, transparency and democracy are the very philosophy of Web3. Whales recognize that community projects are driving the evolution of finance and technology.
Last chance to join the herd and reap rewards
An early-stage DAO with huge potential is Flockerz ($FLOCK), “the people’s coin.”
Flockerz is technically a DAO, so the basic concept is not new, but it introduces a unique V2E system where members earn rewards for voting on development proposals. No other DAO gives extra tokens for staking.
In addition to governance rights, the $FLOCK token gives its holders 249% APY stake and access to the Flocktopia community.
As one of the top meme coins, the project has raised almost $12.5 million in pre-sales, which is expected to end in two hours. This is the last chance to join Flocktopia before $FLOCK spreads its wings and soars to new heights.
The success of any DAO depends on the loyalty of its members, which is why Flockerz allocates 25% of the total token supply to staking returns and another 25% to voting rewards. These incentives encourage early risers to stay on the long flight.
Early risers catch the worm
Whales’ interest in DAOs demonstrates that power is shifting from corporations to the public. The future of finance is community-centered, and each of us can support this revolution by joining projects like Flockerz.
For the herd, before it takes off, visit the Flockerz website, connect your wallet and swap $ETH or $USDT for $FLOCK.
However, consider DYOR and don’t put all your eggs in one basket. Even projects with solid fundamentals do not guarantee returns.
