Crypto whales are accumulating CYCLE, CLANKER, and CANDLE ahead of the TRUMP gala dinner set for May 22. CYCLE saw whale holdings surge 276% in the last 24 hours, driven by its automated on-chain burn mechanism.
CLANKER, the native token of Tokenbot on the Base chain, recorded a 30.85% jump in whale accumulation as Base continues to dominate DEX activity. Meanwhile, CANDLE—part of the growing Solana launchpad wave—posted a 47.83% increase in whale holdings.
CYCLE
Cycle is an on-chain token burn mechanism powered by PumpSwap transaction fees. Every CYCLE transaction triggers a portion of the token supply to be permanently burned, reducing circulation over time.
Since launch, more than 11% of the total 1 billion CYCLE supply has been burned, with over 60 SOL spent toward these automated, immutable burns.
CYCLE Whales Analysis. Source: Nansen.
Users can also vote on burn events if they hold at least 100,000 tokens, giving the community partial control over the process. Additional tools allow for the burning of any SPL token or NFT on-chain.
Launched just seven days ago, CYCLE has reached a market cap of $4.6 million.
Whale accumulation is accelerating quickly, with the amount of CYCLE held by large wallets rising 276% in the last 24 hours alone—from 11.19 million to 49.63 million tokens.
tokenbot (CLANKER)
Tokenbot is a coin launchpad operating on the Base blockchain, designed to facilitate the creation and deployment of new tokens.
Its native token, CLANKER, has gained 11.4% in the last 24 hours.
CLANKER Whales Analysis. Source: Nansen.
Base itself ranks as the fourth-largest chain by DEX trading volume over the past week, trailing only BNB, Solana, and Ethereum. With $8.12 billion in volume in the last seven days and $1.28 billion in the last 24 hours, Base is the fourth-largest chain by DEX trading volume.
In the past 24 hours, crypto whales‘ holdings of CLANKER have increased significantly, rising 30.85% from 9,313 to 12,070 tokens.
Candle TV (CANDLE)
Candle.tv is a Solana-based launchpad and live streaming platform that merges crypto with creator-driven culture. Unlike typical meme coins, Candle focuses on “culture coins”—tokens born from crypto-native memes rather than borrowed trends.
The platform hosts a single invite-only channel that streams curated content, aiming to generate viral, memetic moments.
Creators earn 50% of the trading fees from tokens launched during their streams, while token design and promotion are handled by experienced community members, creating a mutually beneficial model.
CANDLE Whales Analysis. Source: Nansen.
With the Solana launchpads narrative gaining momentum—driven by projects like LetsBonk and Believe App—Candle is trying to position itself as a serious contender in the space, aiming to challenge incumbents like PumpFun.
In the last 24 hours, crypto whales’ holdings of CANDLE surged 47.83%, rising from 100.86 million to 149.1 million tokens.
