Solana Meme Coin WhiteWhale's 100x Rise: From Community Self-Deprecation to Legendary Trader Takeover

【Crypto Rhythm】The Meme coin WhiteWhale on the Solana chain has recently gained popularity. Data from January 8th shows that the market cap of this coin has surpassed $110 million, hitting a new all-time high, with a price around $0.11. Since December of last year, this coin has increased by over a hundred times; looking at the performance in the past 30 days alone, it has nearly a 2700% surge.

Currently, the number of addresses holding the coin has exceeded 12,000, with a 24-hour trading volume reaching $4.8 million, ranking fourth on the trading volume leaderboard. For a Meme coin, this is already considered quite impressive.

The story’s beginning is actually quite interesting. This coin was initially created on October 13, 2025, on pump.fun, initiated by a group of community fans using the avatar of the well-known trader The White Whale (Twitter ID: TheWhiteWhaleV2). In its early stages, the market cap was just over $100,000, but then it entered a long period of sideways trading, and at one point, it looked like it would go to zero.

The turning point came on December 7, 2025. The White Whale himself announced he was taking over the project, citing concerns that misuse of the coin could damage his personal reputation. After taking over, he made a promise: all related income would be returned to the community, and he would “earn zero” from it. The trader then personally bought 10,000 tokens and planned to gradually invest $140,000 of his own funds to provide liquidity, aiming to improve trading depth and enhance Rug resistance.

As a result, the project gradually formed a community-driven narrative of “anti-KOL bloodsucking and Rug resistance,” gradually attracting more and more attention. By December 20th, the project announced the launch of a “$100,000 community reward” incentive plan, further driving the token’s price upward.

So who is The White Whale himself? He was previously a legendary trader on Hyperliquid, with 87,000 followers on Twitter. Looking at his trading record explains why he gained attention: in July 2025, he heavily longed ETH and SOL, with weekly profits approaching $30 million, topping the Hyperliquid profit leaderboard for the first time. Between August and September, his annualized return once neared $100 million.

However, trading always has its ups and downs. On October 11th, he experienced a major crash, suffering the largest single-day drawdown, losing $62 million in one day. Although the loss was significant, he still maintained profitability for the year overall. On November 14th, The White Whale announced his permanent exit from Hyperliquid trading, shifting his support to teams dedicated to improving the underlying design—later, he focused his efforts on this Meme coin project.