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Cryptocurrency News Articles

Crypto Whales Are Accumulating NEET, PIN, and CHILLGUY Tokens Ahead of the Upcoming FOMC Decision

May 10, 2025 at 09:08 am

Crypto whales have started accumulating NEET, PIN, and CHILLGUY tokens ahead of the upcoming FOMC decision, signaling increased interest in certain meme and DePIN tokens.

Crypto whales have been busy accumulating certain meme and DePIN tokens ahead of the upcoming FOMC decision, signaling increased interest in specific sectors of the market.

With the U.S. Federal Reserve set to announce its latest interest rate decision on May 7, there is a keen focus on macroeconomic trends and their implications for crypto prices.

Among the tokens that saw notable surges in the last 24 hours (7/5/25), NotInEmploymentEducationTraining (NEET) saw the most significant move with a 41% increase.

The token, which humorously brands itself as “the ultimate token for basement dwellers around the world,” is an acronym for Not in Employment, Education, or Training.

First launched on PumpFun and now trading on the Solana blockchain, NEET has quickly attracted attention for its ironic essence and strong market momentum.

With over 6,300 holders and daily trading volumes reaching $5 million, the project is beginning to show real traction in the Solana meme coin (SOL) sector.

On-chain data reveals that crypto whales have been actively accumulating NEET. In the last seven days alone, the amount of NEET held by whales increased by 45%, rising from 110 million to 153 million tokens.

PinLink (PIN)

PinLink, the first DePIN platform to tokenize real-world assets (RWAs), aims to provide crypto users with the opportunity to own a small portion of real-world physical infrastructure through DePIN assets.

Despite its promising concept, the project’s native token, PIN, has declined nearly 13% in the past seven days, reflecting general market weakness or short-term selling pressure.

However, even as the token faced downward pressure, crypto whales were seen accumulating these tokens.

Between May 5 and 7, 2025, the number of PINs held by major wallets increased from 242,717 to 287,635 tokens, a 18.5% spike.

This accumulation by large players, especially during a downward price trend, could be a strategy used when they expect a price recovery or believe the current price is too low and warrants increasing their positions.

If this trend continues, it could bode well for a future price recovery once market sentiment stabilizes.

Just a Chill Guy (CHILLGUY)

Just a Chill Guy (CHILLGUY) is a new meme coin that went viral on social media earlier this year. The token, which is a parody of the popular Among Us game, has been a favorite among meme coin traders.

CHILLGUY rose by 38% in the last seven days, making it one of the strongest performing meme coins this week.

Along with the price increase, accumulation by whales also increased sharply. On-chain data shows that holdings by large wallets jumped 52% in the same period—from 56.2 million to 85.75 million tokens.

Although price growth has tended to stabilize in recent days, it is interesting to note that the whales are not reducing their positions.

This pattern of codners remains high even as prices rise, and it suggests that they are still anticipating further upside potential—possibly related to macro events such as the upcoming FOMC decision.

If market sentiment turns more positive and funds flow back into the meme coin sector, CHILLGUY could be one of the beneficiaries, with the whales already in a position to capitalize on the change in momentum.

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Other articles published on May 10, 2025