NEIRO Coin Surges on Whale Buys
The NEIRO memecoin has skyrocketed 50% in a single day, reaching a new high of $0.001446. This surge reflects increased interest in meme coins and a notable spike in whale activity.
Whale Transactions Fuel Price Rise
The main catalyst behind NEIRO's price gain is a significant swap by the wallet rektdolphin.eth. The whale converted 190.5 billion PEPE coins and 6 ETH into 1.466 billion NEIRO coins, an investment of approximately $1.8 million. This strategic move has yielded a $334,000 profit due to NEIRO's recent surge.
Memecoin Market Revival
Since mid-September, whale trading has driven NEIRO's monthly price increase to an impressive 3,000%. Daily trading volumes have also surged by 287%, reaching around $4.70 million. This resurgence has boosted interest in the memecoin market, with Dogecoin and Shiba Inu rising by 5% and 7%, respectively.
Key Points
- Whale buying has played a significant role in NEIRO's price surge.
- NEIRO is seen as a potential successor to Dogecoin, with a charitable focus.
- The recent success of NEIRO has rejuvenated the memecoin sector, presenting opportunities for investors.
With its active community, NEIRO's momentum could pave the way for continued growth in the memecoin space.**