Giant Cryptocurrency Whale Started Accumulating This Memecoin! Buying For The First Time!
According to Onchain data, a crypto whale has started accumulating a new memecoin in recent hours. Here are the details.
According to Onchain data, a cryptocurrency whale, previously known for making high profits on memecoins, began accumulating a new memecoin in his latest transactions.
According to the data, the whale in question purchased Neiro Ethereum (NEIRO) for the first time.
The whale with the short address 0x944 collected 8.02 million NEIRO tokens worth $782,740 thousand via cryptocurrency exchange Bitget. The NEIRO price has increased by 17% in the last 24 hours.
Interestingly, the same whale had previously profited from memecoins like WOJAK and TURBO.
On the other hand, it is important to remember that memecoins are highly volatile assets and that previous gains do not guarantee future gains. Especially in new memecoins, the majority of cryptocurrency users are losing money.
There are a lot of NEIRO tokens on the market, and the altcoin this whale is trading currently has a market cap of $91 million. However, it is only traded on major cryptocurrency exchanges such as Bybit, Kucoin, and Gateio.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC sees early Election Day boost above $70K
CoinFund president Chris Perkins said crypto voters will influence a number of election outcomes
Bitcoin hits new all-time high on Trump presidential victory
Bitcoin markets soared just after 10 pm ET on election night, briefly surpassing $75,000
Polymarket resolves US presidential election winner bets as AP, Fox and NBC call it for Trump
Polymarket has resolved its U.S. presidential election market after major news organizations called it for Trump.U.S. presidential election bets on Polymarket reached more than $3 billion in trading volume ahead of the election.
Aave, Uniswap and other DeFi tokens surge amid Trump victory in US presidential election
DeFi tokens like Aave and Uniswap saw substantial gains following Donald Trump’s victory in the U.S. election.Positive speculation around Aave’s price may be linked to its “partnering” with the Trump-linked World Liberty Financial project.