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A trader, whose wallet begins with 0x78c6, generated a profit of 2.09 million USDC over two months after investing $101,539 in the SIREN token. The net gain amounted to $1.98 million—nearly 20 times the initial investment, as reported by the analytics platform Lookonchain.
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According to analysts, on January 15, the investor acquired 1.27 million SIREN through an options trade, paying an upfront amount of $21,508. Following a price increase, he paid an additional 80,031 USDC to buy back the same quantity of tokens. Over the weekend, the trader sold 1.27 million SIREN at an average price of $1.637, resulting in a total of 2.09 million USDC.
SIREN is the token of the SirenAI project, launched in 2025, which integrates artificial intelligence and blockchain solutions. The maximum supply is capped at 1 billion tokens, with approximately 728 million currently in circulation.
As of the morning of March 23, the token is trading at $2.96. In the last 24 hours, its price has surged by 104%, and over the past month, it has increased by 1236.2%. The all-time high for SIREN stands at $3.61. From its low in March 2025 ($0.0263), the price has risen by more than 3500%.
The market capitalization of the token has reached $2.17 billion, with a daily trading volume exceeding $153.3 million—an increase of 16 times since Friday. In terms of market cap, SIREN ranks 43rd, despite not being in the top 100 at the beginning of the year.
According to analysts from the MEXC exchange, the rise of SIREN has been one of the fastest among the top 100 crypto assets in the first quarter of 2026. During this period, the token outperformed Bitcoin in returns by approximately 320%.
“Notably, even amid market volatility, the token maintains an upward trend without significant phases of capitulation. This may indicate a gradual accumulation of positions by long-term investors rather than impulsive purchases driven by fear of missing out (FOMO),” experts noted.
Previously, analysts at VanEck stated that despite Bitcoin stabilizing around $70,000, traders remain cautious.
