The crypto token CULT has garnered attention and investment from traders despite its controversial launch and current price drop. On-chain analytics platform Spot on Chain has identified two whales who recently bought CULT to rebalance their portfolios and capitalize on the meme coin's potential. One trader spent 207 ETH ($754k) to acquire 127.89 million CULT tokens, while another exchanged 80,000 EIGEN tokens ($360k) for 58.28 million CULT tokens. These purchases suggest increased interest in CULT DAO and its potential for growth. CULT gained popularity with its airdrop event, distributing $207 million worth of tokens to holders of Redacted Remilio Babies and Milady NFTs. The token's market cap initially reached over $600 million but has since declined to $78.03 million.



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