Crypto Traders Made $2 Million in 4 Days After Token Surged 1000% Overnight

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As a seasoned analyst with over two decades of experience in the financial markets, I have seen my fair share of market fluctuations and unexpected surges like the one we witnessed with the NEIRO token. The recent events have proven yet again that timing, strategy, and a dash of luck can lead to significant returns in the cryptocurrency world.

Over the past few days, my own observations and analysis indicate a pervasive sense of apprehension among crypto traders, leading to a 3% decrease in the total market capitalization, now standing at approximately $2.04 trillion. This unease seems to stem from a reluctance among users to engage in crypto trading or make transactions, due to the perceived risks involved. The situation took a turn for the worse following the second alleged assassination attempt on former President Donald Trump.

Three Crypto Traders Made $2 Million On NEIRO Token

In the vast number of trades that occur every day, not all resulted in success or substantial earnings for investors, given the current market conditions. However, three savvy crypto investors seized the perfect moment with the right cryptocurrency called NEIRO, whose value skyrocketed by an astonishing 1000% overnight, netting them millions. Currently, NEIRO is one of the highly sought-after meme coins and has demonstrated profitable characteristics even in a sluggish market.

According to Spotonchain, a widely-used analytics platform, three cryptocurrency investors with wallet identities 0x6ac, 0xc05, and 0x090 have collectively earned $2 Million over a brief period of four days. Among these investors, the wallet address 0x6ac has been a long-term holder of NEIRO and has seen a staggering return on investment (ROI) of 45 times, turning an initial investment of just 5 Ether ($16.5K) into a whopping $1.88 Million.

Smart traders are making big ROIs from the rise of @neiroethcto $NEIRO:
“The individual identified as ‘0x6ac’ is raking in approximately $1.77 million, a result of buying early and multiplying it by 45 times. Currently, they possess around 4.6 billion dollars worth of NEIRO tokens, which translates to about $1.75 million.
2. “0xc05” is making $619K in less than 20 hours. He used #BananaGun bot to snipe 140 $ETH…
— Spot On Chain (@spotonchain) September 17, 2024

In just 20 short hours, the individual with wallet address 0xc05 pocketed an impressive $619,000 from their crypto investments. Data from an analytics platform suggested that this trader took advantage of a high-speed trading bot known as BananaGun to acquire 140 ETH. This swift action was prompted by Binance‘s announcement of the listing for the NEIRO token.

In just four days, the individual using the wallet address 0x090 raked in an impressive 603% profit, amounting to approximately $302,000. This was achieved by selling over 1.057 billion NEIRO tokens. Together, these three crypto investors cashed out a staggering $2,031,000 during one night when the NEIRO token skyrocketed an astounding 1000%.

How These Crypto Traders Are Doing Today?

According to Spotonchain’s findings, these wallet addresses continue to house numerous assets, with the first one still containing approximately 4.599 billion NEIRO, equivalent to around $1.688 million. Additionally, this wallet also contains 0.106 ETH, 0.028 BNB, 46.004 million LADYS, and USDC, adding up to a total portfolio value of approximately $1.697 million.

Crypto Traders Made $2 Million in 4 Days After Token Surged 1000% Overnight

Approximately $913,786 of the second investor’s total crypto holdings, which amount to around $1.259 million, are invested in NEIRO. They also own about 2.49 billion NEIRO tokens, along with other assets such as 316.894 billion MOG, 21.585 ETH, 17.341 USDC, and 0.002 BNB.

Lastly, the third investor carries $351.739K worth of holdings, where the majority portion is in USDT, and a small quantity of NEIRO is also present. He is holding  351.595K USDT ($351.456K), 0.123 ETH ($282.461), and 0.0₈100 NEIRO ($0.0₁₂3669).

Crypto Traders Made $2 Million in 4 Days After Token Surged 1000% Overnight

In summary, all three crypto investors continue to hold onto NEIRO tokens, suggesting their enduring faith in this coin and their investment strategies. Initially valueless at its launch, NEIRO is now trading at $0.0003674 following a new all-time high (ATH) of $0.0004159 just a few hours ago. Its market cap stands at $154,324,229, while the trading volume amounts to an impressive $441,700,360, indicating significant interest in the token.

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2024-09-17 11:02