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Cryptocurrency News Articles

Pre-FOMC Dip: Whales Started Accumulating NEET, PIN, and CHILLGUY Tokens

May 10, 2025 at 09:08 am

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

Jakarta, Pintu News – As the FOMC decision looms, crypto whales have been showing a keen interest in certain meme and DePIN tokens, accumulating them in significant quantities.

Among the tokens that caught the whales’ attention are:

• NotInEmploymentEducationTraining (NEET)

The token, which is advertised as “the ultimate token for basement dwellers around the world,” saw a surge of over 41% in the last 24 hours (7/5/25).

Its acronym stands for Not in Employment, Education, or Training, and it’s initially launched on PumpFun before being listed on the Solana chain.

With over 6,300 holders and daily trading volumes reaching $5 million, the project is showing real traction in the Solana meme coin sector.

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

This signals that major players in the crypto market are keeping a close eye on NEET and believe in its potential for recovery or further price increases.

PinLink (PIN)

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

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

However, despite the price correction, crypto whales were seen accumulating these tokens. Between May 5 and 7, 2025, the number of PNs held by major wallets increased from 242,717 to 287,635 tokens.

The 18.5% spike in ownership by whales during a downward price trend could be a sign of strategic accumulation—a strategy used when large players expect a price recovery or deem the current price too low.

If this trend continues, it might indicate a future price recovery once market sentiment stabilizes.

Just a Chill Guy

Just a Chill Guy (CHILLGUY) is another meme token that experienced a surge in price and whale activity. The token went up 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’s interesting to note that the whales are not reducing their positions.

This pattern of holdings indicates that holders are likely 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.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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Other articles published on May 10, 2025