Date: Sun, July 28, 2024, 07:57 AM GMT
In the cryptocurrency market, a new memecoin is making waves with its astonishing rise. Neiro (NEIRO), deployed just 10 hours and 46 minutes ago, has surged by an incredible 86,401%, currently priced at $0.06806 and boasting a market cap of $61 million.
3 SOL to 15,508 SOL:
According to Lookonchain data, the developer of NEIRO has turned a modest investment into a fortune. By spending just 3 SOL (approximately $552), the dev bought 97.5 million NEIRO at its deployment. Fast forward a few hours, and the dev has made a staggering 15,508 SOL ($2.85 million) from this initial investment, representing a mind-blowing 5169x return!
Here’s how it happened: The dev spent 3 SOL ($552) to acquire 97.5 million NEIRO. Subsequently, they sold 68 million NEIRO through multiple wallets, converting it into 15,511 SOL ($2.85 million). After accounting for costs, this resulted in a net profit of 15,508 SOL ($2.85 million).
Moreover, the dev sent 10 million NEIRO to a dead wallet, effectively removing them from circulation. This leaves the dev with 19.5 million NEIRO, translating to an unrealized profit of approximately $1.8 million!
NEIRO On MEXC:
NEIRO coin has been listed MEXC and if you wants to trade it at your own risk, visit here.
This spectacular return has caught the attention of many, highlighting the potential—and risks—of the cryptocurrency market.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice. Memecoins carries high risk and an investor might loose 100% of investment therefor trade this coins at your own risk.
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