bullish

Neiro (First Neiro On Ethereum)

Donald Trump

<p>Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.</p>
<p class="is-style-lead">Smart money is buying memecoins after a U.S. judge approved the FTX repayment plan, boosting liquidity and driving interest in Flockerz presale, the first Vote-to-Earn DAO.</p>
<div class="wp-block-rank-math-toc-block" id="rank-math-toc">
 <p>Table of Contents</p>
 <nav>
  <ul>
   <li><a href="#prominent-trader-to-buy-neiro-fwog-and-khai" rel="noopener noreferrer nofollow">Prominent Trader to Buy Neiro, Fwog, and KHAI</a></li>
   <li><a href="#new-mmmecoin-to-watch-first-vote-to-earn-dao-project-flockerz-raises-550-k-in-presale" rel="noopener noreferrer nofollow">New Mmmecoin to watch: First “vote-to-earn” dao project flockerz raises $550k in presale</a></li>
  </ul>
 </nav>
</div>
<p>Smart money traders are buying memecoins after a U.S. judge approved the FTX repayments plan.</p>
<p>The move is expected to inject new liquidity into the crypto market, which would drive up prices.</p>
<h2 class="wp-block-heading" id="prominent-trader-to-buy-neiro-fwog-and-khai"><strong>Prominent Trader to Buy Neiro, Fwog, and KHAI</strong></h2>
<p>It’s estimated that $2.4 billion could enter the crypto market on the FTX reorganization plan.</p>
<p>The payments are expected to occur late in Q4 and provide significant liquidity into the crypto markets.</p>
<p>K33 <a href="https://x.com/trader1sz/status/1843371914628366797" target="_blank" rel="noopener noreferrer nofollow">predicts</a> that of the $16 billion in repayments, $2.4 will be reinvested into the market.</p>
<p>According to <a href="https://www.reuters.com/legal/crypto-exchange-ftxs-liquidation-plan-receives-court-approval-2024-10-07/" target="_blank" rel="noopener noreferrer nofollow">Reuters</a>, those with under $50,000 on the exchange – which accounts for 98% of defunct users – will be repaid and receive their funds within 60 days of the plan’s effective date.</p>
<p>Prominent industry figure TraderSZ told his 600K X subscribers that he will be adding to his NEIRO, FWOG, and KHAI positions on the news.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Bullish. Adding to <a href="https://twitter.com/search?q=%24Neiro&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$Neiro</a> <a href="https://twitter.com/search?q=%24FWOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FWOG</a> <a href="https://twitter.com/search?q=%24KHAI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$KHAI</a> spot <a rel="noopener noreferrer nofollow" href="https://t.co/mw0L4cZkFn" target="_blank">https://t.co/mw0L4cZkFn</a></p>— TraderSZ (@trader1sz) <a href="https://twitter.com/trader1sz/status/1843371914628366797?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 7, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>TraderSZ made a name for himself recently by tipping Neiro when it had a $1 million market cap in August. Today, NEIRO is sitting at approximately a $700 million valuation.</p>
<p>His pinpoint accuracy sparked a lot of interest in his new positions on the FTX repayments plan news.</p>
<p>Adding to the excitement, analyst Mister Crypto highlighted that the 60-day repayment schedule lands soon after the U.S. elections, in which Donald Trump is now a favorite, according to <a href="https://polymarket.com/elections" target="_blank" rel="noopener noreferrer nofollow">Polymarket</a>.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">FTX will begin distributing $16 billion to its creditors starting soon.<br><br>Most of that liquidity will come back into <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> &amp; <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Altcoins</a>.<br><br>You are not bullish enough. <a rel="noopener noreferrer nofollow" href="https://t.co/8JqvnMP4fD" target="_blank">pic.twitter.com/8JqvnMP4fD</a></p>— Mister Crypto (@misterrcrypto) <a href="https://twitter.com/misterrcrypto/status/1843663389597544963?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>A Trump win is expected to be a net positive for the crypto industry – British multinational bank Standard Chartered <a href="https://decrypt.co/285133/solana-ethereum-bitcoin-2025-trump-standard-chartered" target="_blank" rel="noopener noreferrer nofollow">forecasts</a> <a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> to 3x, <a href="https://crypto.news/price/ethereum/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> to 4x, and Solana to 5x in 2025 – but only Trump takes office.</p>
<p>According to Mister Crypto, this confluence of FTX repayments and the U.S. elections is significantly bullish for the crypto market.</p>
<p>The added volatility of meme coins typically makes them more lucrative during bullish periods, albeit more risky in bearish periods.</p>
<p>But with a strong tailwind ahead, it’s clear why TraderSZ is allocating more capital to memecoins.</p>
<p>The analysts’ most recent big win was a 700x, calling First Niero On Ethereum when it had a $1 million market cap.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">posted <a href="https://twitter.com/search?q=%24Neiro&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$Neiro</a> <a href="https://twitter.com/neiroethcto?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@neiroethcto</a> at 1-2 million cap. we've just tagged 500m cap<br><br>billion next<br><br>big shoutout to <a href="https://twitter.com/ARafayGadit?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@ARafayGadit</a> &amp; <a href="https://twitter.com/Bilalbinsaqib?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Bilalbinsaqib</a> for giving me the heads up to get in. wouldnt be in if they didnt shill it to me<br><br>amazing! <a rel="noopener noreferrer nofollow" href="https://t.co/xxT4ZzFyCO" target="_blank">https://t.co/xxT4ZzFyCO</a> <a rel="noopener noreferrer nofollow" href="https://t.co/yFw3pchK8k" target="_blank">pic.twitter.com/yFw3pchK8k</a></p>— TraderSZ (@trader1sz) <a href="https://twitter.com/trader1sz/status/1838122700658593958?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 23, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Shortly after TraderSZ invested, the low-cap memecoin was listed on Binance due to being a “community takeover” CTO token.</p>
<p>Binance has picked up on the CTO narrative due to its decentralized nature, which is something that is popular among investors.</p>
<p>And with NEIRO now up 700x from TraderSZ’s original call, traders are now searching for the next low-cap community meme coin that could explode.</p>
<p>One promising alternative is Flockerz, a decentralized presale token that has raised $540K so far.</p>
<h2 class="wp-block-heading" id="new-mmmecoin-to-watch-first-vote-to-earn-dao-project-flockerz-raises-550-k-in-presale"><strong>New Mmmecoin to watch: First “vote-to-earn” dao project flockerz raises $550k in presale</strong></h2>
<p>Investors are rapidly moving into the <a href="https://crypto-news.care/b_flockerz-en_120977?referrer=crypto-whales-buying-meme-coins-as-judge-approves-ftx-bankruptcy-plan" target="_blank" rel="noopener noreferrer nofollow">Flockerz</a> presale, hoping it could be the next big memecoin.</p>
<p>It follows a blueprint similar to First Neiro On Ethereum in that it is community-led. However, it has numerous advantages.</p>
<p>Most of all, it operates as the first-ever Vote-to-Earn decentralized autonomous organization (DAO).</p>
<p>This means that FLOCK holders will shape the project’s future via on-chain voting – and the best part is that they’ll get paid for doing it.</p>
<p>It’s a setup that encourages ecosystem participation while aligning user incentives with the project’s success.</p>
<p><a href="https://crypto.news/flockerz-presale-raises-over-370k-in-opening-days/" target="_blank" rel="noopener noreferrer nofollow">Flockerz</a> also has a staking mechanism that rewards FLOCK holders. Staking is live and currently provides a 3,353% APY, but this will decrease as the staking pool grows.</p>
<p>There’s massive excitement behind this use case, reflected in the presale’s $350K raise.</p>
<p>However, excitement is shared by leading industry experts, including Jacob Bury.</p>
<p>Bury recently told the 99Bitcoins YouTube channel that he thinks Flockerz can 100x after its presale.</p>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe title="NEXT 100X Meme Coin?! Flockerz Vote-to-Earn Crypto Review" width="1020" height="574" src="https://www.youtube.com/embed/o0OSkCqnm9k?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </div>
</figure>
<p>Indeed, it’s an ambitious target, but considering the 700x rise of NEIRO, it can’t be ruled out.</p>
<p>Today, the FLOCK presale price is $0.005724, but this is expected to rise throughout the campaign.</p>
<p>For more information, <a href="https://crypto-news.care/b_flockerz-en_120977?referrer=newly-launched-meme-coin-%E2%80%98flockerz%E2%80%99-boasts-vote-to-earn-dao-and-staking-rewards-raises-$330k-in-presale" target="_blank" rel="noopener noreferrer nofollow">visit the Flockerz presale website.</a></p>
<p>Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.</p>

Crypto whales buying memecoins like NEIRO, FWOG as judge approves FTX bankruptcy plan

Table of Contents

crypto.news

Other articles published on Oct 9, 2024

This Altcoin May Hit $10 Before UNI, TON, TIA or NEAR—Here’s What’s Next for EigenLayer (EIGEN) P...

Qubetics Achieves Successful Presale, Cosmos Prioritizes Interoperability, and Tezos Enhances Ada...

Is Bitcoin’s Reign Over? BlockDAG Presale Surges by $10M in 72 Hours, While Cardano Stages a Come...

Bitcoin: Exchanges Running Dry, Is The Crypto Market On The Brink Of Chaos?

Crypto Losses in 2024 Soar to $2.11 Billion, Surpassing 2023’s Annual Total: Report

Crypto Expert Lists 10 Best Meme Coins to Buy For The Next Bull Run – Dogwifhat, Pepe, Popcat

Join our free newsletter for daily crypto updates!