Key Points
- A crypto trader accumulated a hefty profit of $990,000 by transacting Neiro tokens.
- The investor has made three significant moves with Neiro since July 30.
According to recent reports, a crypto investor managed to accumulate an impressive amount of $990,000 by strategically buying and selling Neiro tokens.
On-chain analyst ai_9684xtpa has reportedly monitored a series of very profitable transactions involving Neiro tokens by a smart money investor.
3 Profitable Neiro Transactions
According to on-chain reports, the trader made three transactions that led to impressive gains using Neiro tokens.
Firstly, between July 30 and August 21, the crypto investor bought 3.7 WETH worth of Neiro tokens at an average price of $0.000003808 per token.
This translates into Neiro tokens worth about $8,510 at the current price of WETH of around $2,300.
These tokens, representing more than 2.2 billion Neiro, have not yet been sold, according to reports. They are currently valued at $600,000 at current Neiro prices of about $0.0003.
Secondly, five days ago, the investor bought 474 million Neiro tokens at an average price of $0.00004594 per token, meaning about $21.775 invested in Neiro. The coins were sold an hour ago after their value increased fourfold.
Also, three days ago, the same trader bought 221 million Neiro tokens at an average price of $0.00003794 per token, and the coins remained unsold until now, according to the same reports.
The token moves continued on September 15 as well, when the trader continued swapping WETH for Neiro coins.
What is First Neiro on Ethereum (Neiro)?
First Neiro on Ethereum project is a memecoin on Ethereum. This is the first Neiro token deployed on Ethereum and it’s 100% owned and managed by the community.
Earlier today, Binance announced the listing of Neiro on spot trading with Seed Tag applied. Also, the exchange launches Futures Trading for Neiro. The NEIROUSDT futures contract will launch with 75x leverage.
Neiro token surged by over 720% today, following Binance’s important announcements.
The token now has a market cap of over $148 million.
