Date: Thu, Sept 19, 2024, 02:17 PM GMT
Neiro-themed memecoins have been grabbing headlines lately, with “First Neiro On ETH” ($NEIRO) showing massive gains of over 1,000% in the past week, thanks to a Binance listing. Now, another Neiro-themed memecoin, Neiro ETH ($NEIRO), is making waves, surging 54% today despite it’s recent bearish trend. Currently, NEIRO is trading at $0.11342, with a market cap of $113 million.
According to a recent report from Lookonchain, market-making giant Wintermute has been quietly accumulating $NEIRO since September 6. They’ve now amassed a total of 62.45 million $NEIRO, worth about $7.39 million, which represents 6.25% of the total supply. This makes NEIRO one of the largest memecoins in Wintermute’s portfolio, further fueling speculation around the token’s potential.
Wintermute has been accumulating $NEIRO(Neiro On Ethereum) since Sept 6, accumulating a total of 62.45M $NEIRO($7.39M), 6.25% of the total supply.$NEIRO is one of the largest meme coins in #Wintermute's holdings.https://t.co/5Bd0TWJBMF pic.twitter.com/LIcVecNdWO
— Lookonchain (@lookonchain) September 19, 2024
NEIRO’s recent surge and Wintermute’s accumulation have drawn more eyes to the memecoin, but it’s worth noting that these volatile assets can swing wildly in value.
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