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Recently, multiple whales have accumulated over 100 million $NEIRO tokens at various average prices. Apart from that, Wintermute, a market maker, continues to hold a large amount of 52.97M $NEIRO.
$NEIRO (Neiro Ethereum) seems to be in an accumulation phase according to our latest on-chain data:
— Spot On Chain (@spotonchain) September 27, 2024
1/ Whale 0x6ab accumulated 17.7M $NEIRO in the last 7 days at an average price of $0.086.
2/ Whale 0x9Ba bought 17.5M $NEIRO on Sept 6 at $0.154. While profitable with $FET, this… pic.twitter.com/z1b5pM6NSo
$NEIRO is essentially a meme coin established on the Solana blockchain. Kabosu, the beloved Shiba Inu puppy who inspired the Dogecoin joke coin, passed very shortly after its start. Indeed, Kabosu’s owner adopted a new dog, and the name “$NEIRO” is a nod to that dog.
Surprisingly, a boom in meme coin activity occurred alongside the $NEIRO coin craze. Many meme coins have emerged on the Solana and Ethereum blockchains, causing price swings and heavy trade. Indeed, $NEIRO’s popularity has skyrocketed thanks to its association with the adored Shiba Inu, Kabosu. As a result of this link, the Dogecoin community has reached out to new investors looking for the perfect meme coin.
Will Binance List $NEIRO?
Here are the details of the accumulations:
- Whale 0x6ab has amassed 17.7 million $NEIRO over the course of the past seven days, with an average price of $0.086.
- On September 6, Whale 0x9Ba purchased 17.5 million $NEIRO at a price of $0.154. Despite the fact that it has been profitable with $FET, this whale has not been as successful with meme money.
- Over the course of the previous month, Whale 0xAB5 has amassed 6 million dollars worth of $NEIRO, DCAing at $0.128. In the past, Whale 0xAB5 has earned significant profits using PEPE.
- 0x1ED Whale, for $0.116, accumulated 8.6 million $NEIRO, sold some of it without making a profit, and today retains 5.6 million. $ETHFI, $SYN, and $PENDLE have all been profitable investments for it in the past.
Regarding a possible Binance spot listing, it’s difficult to state with inside knowledge. However, a mix of growing decentralization, good on-chain activity, and a market cap approaching $100M would surely make $NEIRO a compelling prospect. Coins displaying strong demand, robust market foundations, and active community support are typically the subjects of Binance’s concentration. Should these indicators keep trending higher, $NEIRO might draw interest.