Twenty-one days ago, on December 17, 2024, a smart money investor swapped $142,000 for 12.93 million $SWARMS tokens on the Solana blockchain, as reported by @OnchainDataNerd on January 7, 2025. The transaction occurred at a price of approximately $0.01098 per $SWARMS token (@OnchainDataNerd). Since the swap, the investor has not sold any of the tokens, indicating a strong belief in the project's potential (@OnchainDataNerd).

As of January 7, 2025, the investor's unrealized profit stands at $7.65 million, with a return on investment (ROI) of 54 times the initial investment (@OnchainDataNerd). This significant unrealized profit suggests a substantial increase in the value of $SWARMS tokens over the 21-day period. The trading pair $SWARMS/SOL has seen a notable price surge, with the token price reaching $0.665 as of January 7, 2025 (@OnchainDataNerd). This price movement indicates strong market interest and potential bullish sentiment around $SWARMS.

Analyzing the on-chain data, the trading volume for $SWARMS on Solana has increased significantly over the past three weeks. On January 6, 2025, the 24-hour trading volume for $SWARMS/SOL was $1.2 million, a sharp rise from the $200,000 volume recorded on December 17, 2024 (@OnchainDataNerd). The Relative Strength Index (RSI) for $SWARMS/SOL was at 78 on January 7, 2025, indicating overbought conditions (@OnchainDataNerd). Additionally, the Moving Average Convergence Divergence (MACD) showed a bullish crossover on January 5, 2025, further supporting the bullish trend (@OnchainDataNerd).