Shiba Inu

<ul><li>Neiro crypto, a new Solana memecoin, raises concerns with suspicious developer actions.</li><li>Potential &#39;pump and dump&#39; activity seen in Neiro crypto&#39;s rapid price surge and decline.</li><li>Despite controversies, Neiro crypto sees high trading volume, reflecting speculative investor interest.</li></ul>Neiro crypto, a newly launched memecoin on the <a href="https://cryptotale.org/sec-drops-security-claims-for-solana-strategic-shift-or-legal-maneuver/" rel="noopener noreferrer nofollow">Solana</a> blockchain, has quickly become a topic of concern among investors. Within 24 hours of its release, signs have emerged suggesting the possibility of a scam. The developer&#39;s actions, including large-scale token sales and suspicious transactions, have raised red flags in the cryptocurrency community.Data from <a href="https://x.com/lookonchain/status/1817416920351834593?s&#61;46" rel="noopener noreferrer nofollow">Lookonchain</a> reveals that the Neiro crypto developer acquired 97.5 million tokens for just 3 SOL. Subsequently, the developer sold 68 million tokens, netting approximately $2.85 million in the process. This sale involved multiple wallets, which adds to the suspicion. In addition, the developer transferred 10 million tokens to a dead wallet, effectively removing them from circulation. They also retained 19.5 million tokens, representing an unrealized profit of around $1.8 million.<a href="https://cryptotale.org/rising-concerns-over-neiro-crypto-potential-pump-and-dump-scheme/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Rising Concerns Over Neiro Crypto: Potential 'Pump and Dump' Scheme

CryptoTale

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