Neiro Ethereum

Neiro (First Neiro On Ethereum)

Date: Tue, Oct 08, 2024, 05:17 AM GMTThe cryptocurrency market is showing renewed momentum, with Bitcoin (BTC) recovering to $64K after a brief dip to $60K on October 3. This recovery has fueled rallies in several major cryptocurrencies, including trending memecoins.One of the hottest tokens right now is First Neiro On Ethereum (NEIRO), which has seen a <a href="https://coinsprobe.com/neiro-surges-higher-following-major-breakout-is-a-rally-on-the-horizon/" rel="noopener noreferrer nofollow">surge</a> in value. In the last 24 hours, NEIRO is up 13%, and over the past week, it has jumped an impressive 40%. However, its rival memecoin, Neiro Ethereum (NEIRO), has not experienced the same success. NEIRO has dropped over 10% today and has fallen by 11% in the last seven days.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/6c66fad6ff4143d299209561f482aac2.png" />Source: CoinmarketcapThe contrasting performance of these two memecoins has prompted a strategic move by a well-known whale in the crypto community. According to <a href="https://x.com/spotonchain/status/1843487360794993049" rel="noopener noreferrer nofollow">Spotonchain</a>, this entity, which previously made $145M from Shiba Inu (SHIB), has now shifted their holdings from NEIRO to NEIIRO.Around seven hours ago, the whale sold 17.5M NEIRO for $1.22M, taking a significant loss of $1.49M (-55%) after holding the token for a month. They quickly pivoted to First Neiro on Ethereum, purchasing 841.6M NEIIRO for $1.45M in the past 24 hours. This move increased their total holdings to 3.85B NEIIRO, now worth $6.51M, with an unrealized profit of $2.67M (&#43;67%).<img src="https://academy-public.coinmarketcap.com/optimized-uploads/47a670d0e049496fa6dff4075e1305ec.jpeg" />Source: SpotonchainIn addition to their NEIIRO investment, this whale holds positions in other cryptocurrencies, including:1.A $1.13M unrealized profit (&#43;32.6%) from 3.11M Fetch.ai (FET) tokens worth $4.61M.2.A $10M unrealized loss (-40%) from a second SHIB trade, where they still hold 477.5B SHIB ($8.41M).In conclusion, the whale&#39;s recent moves highlight the importance of adaptability in the ever-changing crypto market. Shifting from a declining asset like Neiro Ethereum (NEIRO) to the rallying First Neiro On Ethereum (NEIIRO) shows a calculated strategy aimed at maximizing returns despite previous losses.Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.Also Read: <a href="https://coinsprobe.com/political-memecoins-trump-and-maga-gains-strong-momentum-a-rally-on-horizon/" rel="noopener noreferrer nofollow">Political Memecoins TRUMP and MAGA Gains Strong Momentum: A Rally On Horizon?</a>

SHIB Profit-Taker Sells $17.5M Neiro Ethereum, Shifts Focus to First Neiro On Ethereum After Strong Rally

CoinsProbe

Other articles published on Oct 8, 2024

Whales Are Watching These 10 Altcoins: Is a Surge Imminent?

Curve Finance Considers Removing TUSD from crvUSD Collateral Amid SEC Accusations

Market Trends Shape Cryptocurrency Prices Today

Dogecoin trader who made $5M on MOODENG 500% surge reveals his next big bet for gains

CryptoPunk 1563 “Sells” for $56M: Real Deal or Flash Loan Stunt?

Crypto Recap: ETFSwap’s (ETFS) Investors Make Millions As Presale Crosses $4.5 Million

Join our free newsletter for daily crypto updates!