WhiteWhale supera los 110 millones de dólares en valor de mercado, a medida que la narrativa relacionada con esta moneda “meme” gana impulso.

The White Whale meme coin, a Solana-based token, has surpassed $110 million in market cap, driven by community initiatives and liquidity investment from The White Whale.

The token's price surged over 2,700% in 30 days, supported by a $100,000 community reward plan and a $140,000 liquidity boost from its namesake trader.

As the first pump.fun token to surpass $100 million in nearly a year, WHITEWHALE reflects renewed interest in Solana-based meme coins and narrative-driven assets.

The White Whale meme coin, launched on October 13, 2025, on the pump.fun platform, has emerged as one of the fastest-growing tokens in the Solana ecosystem.

Initially a lighthearted joke, it gained traction as a narrative-driven asset when The White Whale—a former legendary Hyperliquid trader—stepped in to address concerns about misuse and rug pulls. The trader invested $140,000 to improve liquidity and pledged to return all project revenue to the community.

The token's surge has been further fueled by a $100,000 community reward plan launched on December 20, 2025. This initiative has driven retail participation and increased wallet address counts to over 12,000.

On January 8, 2026, the token reached a market cap of $110 million and a price of $0.11.

WHITEWHALE's rise has drawn attention to broader trends in the Solana meme coin market. Pump.fun's decentralized exchange (DEX) has hit $2 billion in volume, signaling a return of retail investors seeking high-return opportunities.

Meanwhile, the token's success also highlights the potential risks of centralized exchanges, as allegations of internal trading against users by MEXC have sparked concerns about transparency and trust.

How did WHITEWHALE reach $110M market cap?

The White Whale's control of the token was a pivotal moment in its trajectory. After taking over the treasury, he implemented a liquidity-boosting strategy and pledged to return all project revenue to the community. This helped transform the token from a speculative meme into a community-driven asset.

Retail participation was further amplified by the token's listing on major exchanges like Bybit and MEXC. The Bybit listing in particular drove a 63% weekly price surge, with on-chain activity and viral campaigns fueling continued demand.

The token's narrative—resisting KOL influence and rug pulls—resonated with investors, especially in a market environment where trust in centralized platforms has been shaken. This has helped WHITEWHALE avoid the typical volatility seen in many meme coins.

What are the risks and limitations of WHITEWHALE?

Despite its success, WHITEWHALE remains a speculative asset, and its price is largely driven by community sentiment and narrative momentum. Analysts caution that tokens with no technical fundamentals are vulnerable to rapid price corrections if sentiment shifts or if market conditions change.

The token's price has also been impacted by disputes between exchanges and token holders. For instance, a recent dispute between MEXC and White Whale over premature futures listings raised concerns about potential market manipulation and internal trading. These issues have sparked broader discussions about the need for more transparent and decentralized trading platforms.

What role is The White Whale playing in the token's success?

The White Whale, whose real-world identity is a former Hyperliquid trader, has played a critical role in the token's revival. After earning nearly $30 million in a week in July 2025, he exited trading in November 2025 to focus on blockchain design and community-driven projects.

By investing his own funds into the token and launching a community reward plan, he helped restore confidence in the project and provided liquidity. His public commitment to returning revenue to the community has helped attract retail investors who are wary of traditional rug-pull schemes.

The trader's online presence—especially his AI-generated White Whale character—has also contributed to the token's cultural resonance, helping it stand out in a crowded meme coin market.

What does this mean for the Solana meme coin market?

The success of WHITEWHALE suggests that Solana-based meme coins could see renewed interest in 2026, especially if institutional adoption continues to rise. Morgan Stanley's recent filing for Bitcoin and Solana ETFs has signaled growing institutional confidence in digital assets and may lead to increased capital inflows into the market.

However, the sustainability of WHITEWHALE and similar tokens will depend on continued on-chain activity, community engagement, and the broader macroeconomic environment. While some analysts are optimistic, others warn that the market could experience volatility if key narratives shift or if regulatory scrutiny increases.

For now, WHITEWHALE remains a key indicator of the evolving dynamics in the Solana meme coin space, reflecting both the opportunities and risks of narrative-driven assets.