Solana-based Meme Coin Testicle Skyrockets 40% in Short Period, Market Cap Currently at $21 Million

On May 11, LookOnChain data shows a whale opened a long position on 22,189 shares of Micron Technology (MU) via the trade.xyz platform, with an unrealized profit of $4.5 million to date. The whale has set take-profit orders at $2,800 and $2,900, signaling they expect MU still holds ~260% upside potential.

May 11 — As the global AI market runs wild, the crypto industry—long starved of fresh narratives—has jumped on the AI bandwagon to reignite popularity. **The storage sector led the charge.** Last week, veteran decentralized storage tokens FIL and STORJ saw brief surges: FIL jumped from ~$0.9 to $1.3, then pulled back slightly to trade at $1.14 currently. The community even joked: “Those who bought mining rigs back in the day finally don’t need to fight for refunds—hard drive prices have gone through the roof.” **Open-source model concepts emerged as the biggest highlight.** Base ecosystem token VVV—backed by Venice AI—stood out sharply. Venice AI is a privacy-focused, censorship-resistant AI platform supporting chat, image generation, code writing, and integrating multiple cutting-edge open-source models. After consolidating through 2024, VVV’s price accelerated from $1.6 to $16. Its default model token, Dolphin, also skyrocketed, peaking at a market cap over $170 million at one

May 11: Bitcoin rallied to a peak before paring gains, briefly dipping below $81,000, per HTX market data. The cryptocurrency was last trading at $81,024.99.

On May 11, on-chain analyst Ai (@ai_9684xtpa) reported that the TRUMP team transferred tokens worth $12.09 million (4.915 million TRUMP) to Fireblocks—three months after the address’s last token allocation. The address still holds 762 million TRUMP tokens, valued at $1.88 billion.

On May 11, Base ecosystem token POD (dphn.ai) saw a sharp market value jump this morning, per GMGN monitoring. The token’s market cap briefly topped $170 million before stabilizing temporarily at $130 million. Its 24-hour gain narrowed to 82%, with $6.3 million in trading volume over the same period. dphn.ai is tied to AI model development and the DePIN (Decentralized Physical Infrastructure Networks) space, offering the "Dolphin Mistral 24B Venice Edition"—the default censorship-resistant AI model on the Venice platform. POD rallied alongside VVV during the latter’s prior surge, as it serves as the core model provider for the project. This latest price spike may stem from a retweet by Base co-founder Jesse, which has fueled ongoing price momentum.

May 11 — Michael Burry, the "Big Short" legend who famously predicted the U.S. housing crash, warned this week that today’s stock market obsession with artificial intelligence echoes the final days of the dot-com bubble. In a post on his personal blog, Burry noted the market has stopped reacting logically to economic data like jobs reports or consumer confidence. “They just keep going up because they’ve been going up, based on a two-syllable thesis (AI) that everyone seems to grasp… It feels like the final months of the 1999-2000 dot-com bubble.” Meanwhile, legendary macro trader Paul Tudor Jones — founder of Tudor Investment Corporation — also drew parallels between the current AI-fueled rally and the run-up to the dot-com burst, but said the bull market may still have room to run. Speaking on CNBC’s *Squawk Box*, Jones said the current environment feels like 1999 — roughly a year before tech stocks peaked in early 2000. He reckons the rally could keep going for another one t