Date: Tue, Sept 17, 2024, 06:19 AM GMT
In the cryptocurrency market, First Neiro On Ethereum ($NEIRO) has seen a meteoric rise following its listing on Binance, the world’s largest cryptocurrency exchange. The news triggered a massive surge in the token’s price, skyrocketing by almost 1000%. This announcement came alongside the listings of Turbo ($TURBO) and Baby Doge Coin (1MBABYDOGE), making NEIRO the star of the show.
However, the rise of $NEIRO has had a negative effect on its counterpart, Neiro Ethereum ($NEIROETH), which saw a sharp decline of 36% as investor attention shifted toward the newly listed First Neiro On Ethereum.
According to SpotOnChain monitoring, smart traders have been cashing in big on $NEIRO’s price surge:
- Trader “0x6ac” made a whopping $1.77 million (a 45x return) by being an early buyer of $NEIRO. This trader currently holds 4.6 billion $NEIRO, valued at $1.75 million.
- Trader “0xc05” secured $619K in less than 20 hours after using a #BananaGun bot to snipe 140 ETH worth of $NEIRO immediately after Binance’s listing announcement.
- Trader “0x090” made an impressive $302K (603% profit) within four days by selling 1.057 billion $NEIRO for $352K after yesterday’s price spike.
This incredible price movement has shown how fast fortunes can be made in the world of memecoins, especially with the backing of major exchanges like Binance. However, with NEIROETH’s decline, the market reminds us of its unpredictable nature.
As traders continue to monitor the action, eyes will be on NEIRO’s performance in the coming days to see if it can sustain its astronomical growth.
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