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Guavy AI Editorial TeamSentiment: 4.5Clout: 82

BUILDon Price Surges 17% Amid Whale Accumulation and Liquidity Boost

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BUILDon's recent price increase of 17% has been attributed to a significant purchase of over 2 million tokens by a whale. This move has not only boosted the altcoin's market capitalization but also contributed to the growth of its trading volume, which has seen a 98% surge.

The whale's acquisition of B tokens was made in addition to their existing position, and they now hold over 2 million tokens. According to data from BscScan, this purchase valued at approximately $418K is driving up demand for the altcoin.

The increase in trading volume is also being fueled by the growing popularity of USD1 on BNB Chain, with around 40% of its supply being controlled by the platform. This has provided BUILDon with sufficient liquidity to support its price rally.