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One lucky meme coin investor has profited over a million dollars in breakout meme coin Neiro ($NEIRO) as the token continues rallying following last week’s listing by Binance.
On-chain information shared by AI-driven blockchain analytics company Spot On Chain shows the trader swapped 1,003 $ETH for 2.86 billion $NEIRO last Wednesday.
Previously, the trader had made $145 million from Shiba Inu ($SHIB) back in 2021/2022.
This early SHIB buyer now has a $1.07M (+46%) unrealized profit from $NEIRO in just 5 days as the price keeps rallying!
Overall, the whale is now in the green on 2 of its 4 recent investments. Let’s check out the performance of this whale’s latest investments in $NEIRO, $FET,… https://t.co/fnlVpC35NO pic.twitter.com/yL1Ebgm936
In just 5 days, the lucky wallet owner’s $NEIRO stash had blown up by $1.07 million.
As of yesterday, they’re also up $1.7 million on a $3.45 million $FET trade that took place on August 31, although these wins do little to offset an $11 million loss from a recent $SHIB trade.
Thanks to its Binance launch, in virtually no time at all $NEIRO cornered a half billion market cap and now stands as the ninth biggest meme coin by market cap.
Like Dogecoin and its number one competitor Shiba Inu ($SHIB), Neiro is based on Kabosu, the real-life Shiba Inu whose photo is the source of the internet’s legendary viral doge meme.
At one point recently, Ethereum co-founder and creator Vitalik Buterin was Neiro’s largest holder, holding 4% of the supply, which was worth about $130,000 on August 3.
Neiro had airdropped him the 17.145 billion $NEIRO tokens in order to make the claim.
We are the people's $Neiro,
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