Vitalik Buterin, the renowned Ethereum founder, recently made headlines by selling off a collection of memes he had accumulated over the past year, including the $Neiro token.
This move has significantly impacted the $Neiro market, leading to a remarkable 700% surge in the token’s value.
$NEIRO Price Settles Down Since Last Increase
Despite the impressive rise, the price of $Neiro has since cooled down from its peak. However, investors with substantial holdings are still showing confidence in the token.
Notably, Wallet 0x1af3 (accessible at icrypto.ai/wallet/0x1af33…) has made a significant investment of $35.3K in $Neiro over the past few days. With a win rate of 42% and a profit and loss record of $208.6K, this wallet has yet to liquidate its position, indicating a strong belief in the token’s future potential.
$Neiro, not $NEIRO – Will it still rise after the news? 🧵
Alongside @VitalikButerin selling off all memes sent to him over the past year to donate purposes, including $Neiro: https://t.co/lUlJLM8kSH
This meme @Neiro_Dog identified by the Ethereum Founder has attracted capital… pic.twitter.com/4vZG4MihDh
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) August 16, 2024
Similarly, Wallet 0x6ab0 (viewable at icrypto.ai/wallet/0x6ab08…) has been active in the $Neiro market, purchasing $33K worth of the token within the last 10 hours. This wallet, which boasts a win rate of 51% and a profit and loss tally of $338K, has realized some profits but continues to hold onto $14.9K in $Neiro.
The ongoing investment activity from these smart money wallets suggests that there remains significant interest and confidence in the $Neiro token, despite recent fluctuations in its price. As the market adjusts, it will be crucial to monitor how these high-profile investors manage their holdings in the coming days.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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