Crypto Twitter is buzzing again, thanks to a fresh alert from on-chain sleuths at Lookonchain. If you're into meme tokens, you've probably heard of 0xSunNFT – the influencer who turned heads with a jaw-dropping $24 million profit from the $TRUMP token. Well, he's back at it, this time splashing 30 ETH, worth about $133,800, on 807,301 $BLOCK tokens.

For those new to the scene, meme tokens are cryptocurrencies inspired by internet memes, jokes, or cultural phenomena. They often skyrocket based on hype, community support, and influencer endorsements rather than traditional fundamentals. $TRUMP, for instance, rode the wave of political memes tied to former President Donald Trump, and 0xSunNFT cashed in big time on that frenzy.

Now, shifting focus to $BLOCK. This token appears to be gaining traction as a potential meme play on the Ethereum blockchain, possibly playing off themes like "blocking" in social media or the core concept of blocks in blockchain technology. With a current price hovering around $0.18 and a market cap in the ballpark of $86 million, it's still in that sweet spot where early moves can lead to massive gains – or losses, depending on the market's mood. The token has a circulating supply of about 470 million, with a total and max supply capped at 1 billion, which could create scarcity if demand picks up.

Lookonchain spotted the buys through a series of swaps on KyberSwap, a decentralized exchange aggregator that lets users trade tokens efficiently. The transactions show 0xSunNFT converting ETH into $BLOCK in chunks: one for about 265,000 tokens, another for 266,000, and a third for 275,000, totaling the 807,301 mentioned. This kind of staggered buying is common among savvy traders to avoid slipping the price too much.

What's intriguing here is 0xSunNFT's track record. His Solana wallet, linked in the tweet, shows the massive $TRUMP profits, mostly on the Solana chain where many meme tokens thrive due to low fees and fast transactions. But this $BLOCK play is on Ethereum, suggesting he sees value in cross-chain opportunities or perhaps $BLOCK's unique positioning.

For meme token hunters, this could be a signal. When influencers with proven wins dive in, it often sparks FOMO (fear of missing out) and pumps the price. Just check out the replies to Lookonchain's tweet – folks are already hyped, with comments like "Bet on 0xsun" and "this guy fucks." Of course, remember that meme tokens are volatile; what goes up can crash hard.

If you're curious to dig deeper, head over to the Etherscan address for the full transaction history or the Solscan account to see those $TRUMP gains. And keep an eye on Lookonchain's X profile for more whale watches.

At Meme Insider, we're all about keeping you in the loop on these wild meme token stories. Whether it's the next big pump or a cautionary tale, we've got the insights to help you navigate the blockchain jungle. What do you think – is $BLOCK the next $TRUMP? Drop your thoughts in the comments!