$Neiro, a meme coin on the Solana blockchain named after the newly adopted dog of Dogecoin’s ($DOGE) owner, has been making headlines with its extraordinary market performance.
The developer behind $Neiro turned an initial investment of just 3 $SOL ($552) into a staggering 15,508 $SOL ($2.85 million), marking an incredible 5,169x return on investment.
The developer initially purchased 97.5 million $Neiro for 3 $SOL ($552) when deploying the coin. Subsequently, he sold 68 million $Neiro for 15,511 $SOL ($2.85 million) through multiple wallets, realizing a profit of 15,508 $SOL ($2.85 million).
Additionally, the developer sent 10 million $Neiro to a dead wallet, leaving him with 19.5 million $Neiro, valued at $1.8 million in unrealized profit.
The dev of $Neiro has made 15,508 $SOL($2.85M) with only 3 $SOL($552), a gain of 5,169x!😱
He spent 3 $SOL($552) to buy 97.5M $Neiro when deploying $Neiro.
Then he sold 68M $Neiro for 15,511 $SOL($2.85M) through multiple wallets, with a realized profit of 15,508 $SOL($2.85M).… pic.twitter.com/0PBP6gpJ0e
— Lookonchain (@lookonchain) July 28, 2024
$NEIRO Records Impressive Growth On 24 Hour DEX Volume
Yesterday, $Neiro achieved a significant milestone by surpassing the combined 24-hour DEX volume of any individual Ethereum Layer 2 chain. The total 24-hour volume for $Neiro coins reached an impressive $942 million, highlighting its growing popularity and trading activity.
🚨Report: Solana meme coins named after $NEIRO (the new dog of the Doge owner) traded more DEX volume combined in the last 24 hours than any individual Ethereum Layer 2 chain.$NEIRO coins Combined 24H volume: $942M pic.twitter.com/4Sl60Mbbp2
— SolanaFloor (@SolanaFloor) July 28, 2024
The story of $Neiro is not just about the impressive gains but also about the enthusiasm and rapid trading activity it has generated within the Solana ecosystem. Named after the new dog of Dogecoin’s owner, $Neiro has captured the attention of meme coin enthusiasts and traders alike.
As $Neiro continues to gain traction, it exemplifies the potential for meme coins to achieve remarkable success and dominate trading volumes, even amidst the highly competitive landscape of cryptocurrencies.
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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