$WHITEWHALE Drops 57% After Creator Exits and Locks 500 Million Tokens Permanently
The token fell sharply over 24 hours after its creator said they were leaving due to burnout and permanently locked 500 million tokens, according to the source text.
Summary
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Terms & Concepts
Token lock: A mechanism that restricts tokens from being moved or sold, often to limit circulating supply or signal long-term commitment.
Circulating supply: The number of tokens currently available in the market, which can influence liquidity and price movements.