A dealer famous for incomes over $12 million from meme cash has now wager on GhostwareOS (GHOST), a privacy-focused cryptocurrency.
This funding comes amid a rising give attention to privacy-first applied sciences in crypto. The privateness coin sector has seen notable development lately, with the market cap now at $14.5 billion.
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Excessive-Profile Dealer Backs New Privateness Coin
Based on the most recent knowledge from Lookonchain, the dealer, recognized as “LeBron,” made tens of millions from a number of cash earlier this 12 months. In February, the blockchain analytics agency highlighted that the dealer had gained over $12 million from PolitiFi meme cash.
This included $8.9 million from Melania Meme (MELANIA) and $3.2 million from Official Trump (TRUMP). Moreover, he additionally made $4.56 million from LIBRA and $1 million from Harry Bōlz (HARRYBOLZ), which surged after Elon Musk’s person identify change on X (previously Twitter).
Now, the dealer has invested 102 Solana (SOL) price round $18,300 to acquire 2.9 million GHOST tokens.
Dealer LeBron’s GHOST Buy. Supply: X/Lookonchain
GhostWare payments itself as a platform constructed for “total invisibility.” It’s a decentralized framework that anonymizes person exercise throughout communications, wallets, and identification layers by means of instruments like GhostMask (alias administration), GhostScrub (on-chain hint cleansing), and GhostRelay (encrypted communication relays).
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Its native token, GHOST, is a brand new market entrant however has positioned itself as the highest every day gainer amongst privateness cash on CoinGecko. The token has appreciated almost 24% over the previous day.
Moreover, it peaked at an all-time excessive of $0.015 in early Asian buying and selling hours right now earlier than stabilizing to a press time worth of $0.013.
GHOST’s arrival comes because the privateness narrative is gaining elevated consideration within the house. BeInCrypto reported that privateness tokens have outperformed each different sector this 12 months, with cash like ZCash (ZEC) main the rally with large good points. This broader curiosity has additionally raised optimism for GHOST.
One other distinguished cryptocurrency dealer famous that privateness is the first narrative the place innovation stays underdeveloped. The dealer expects renewed Solana ecosystem exercise if market circumstances strengthen later within the 12 months, doubtlessly benefiting GHOST.
“Ghost looks like it’s gonna be the next Solana runner,” he added.
For GHOST, sturdy worth motion and neighborhood assist recommend a stable early reception. Nevertheless, lasting relevance will depend on GhostWare’s means to maneuver from short-term hype to actual person adoption in Solana’s aggressive ecosystem.
