As a seasoned crypto investor who’s been around since the Dogecoin days and made a small fortune with Shiba Inu, I’ve learned to always keep my eyes open for the next big meme coin. The recent move by that big whale swapping ETH for NEIRO tokens has certainly piqued my interest.
Originally among those who put money into Shiba Inu (SHIB), earning an estimated $145 million during the 2021-2022 market surge, this individual is now aiming to capitalize on the possibility of a fresh meme token becoming popular.
Spot On Chain says this big investor just swapped 1,003 ETH, which is $2.31 million, for 2.86 billion NEIRO tokens in the last hour, despite the price having gone up over 2,000% last week.
It appears that this investor has shifted focus towards NEIRO, a platform associated with the surge of meme coins related to Kabosu Mama’s latest dog named Neiro. Notably, Kabosu is known as the canine behind the popular Dogecoin (DOGE) meme. Given this context, it’s not unexpected that meme tokens such as NEIROETH and Neiro CTO (Neiro) have garnered interest.
Earlier, NEIROETH surpassed the $100 million market capitalization mark on Binance Futures. Conversely, Neiro CTO was relatively low-key on decentralized exchanges, maintaining a $10 million market cap. However, a recent addition to Binance significantly boosted Neiro CTO’s price by more than 1,000% in one go, and it has skyrocketed by an impressive 2,139% over the past three days.
Despite the excitement surrounding NEIRO subsiding, it continues to show strong performance, albeit with some instability. The fact that this whale has chosen to invest in NEIRO indicates a belief in its long-term potential, possibly setting the stage for another notable success in the meme coin realm.
It turns out that the investor has been quite successful with Shiba Inu (SHIB), but their more recent transactions haven’t gone as planned. Unfortunately, two out of the last three deals – one involving Neiroeth and another with SHIB – resulted in a total loss of $13.48 million.
Read More
- LUNC PREDICTION. LUNC cryptocurrency
- SOL PREDICTION. SOL cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- USD ZAR PREDICTION
- BICO PREDICTION. BICO cryptocurrency
- VANRY PREDICTION. VANRY cryptocurrency
- USD CLP PREDICTION
- SHI PREDICTION. SHI cryptocurrency
- Best 6-Star Characters In Bleach: Brave Souls
- LPT PREDICTION. LPT cryptocurrency
2024-09-18 14:10