Neiro’s (NEIRO) recent introduction on Binance has caused extreme market volatility that results in notable price swings for both NEIRO and its Ethereum-based counterpart, Neiro on ETH. While the Neiro on ETH price fell sharply and elicited a range of reactions from investors, NEIRO climbed massively.
Notable Trader Success Following Listing
For early buyers, the price increase in NEIRO has produced significant gains. One of the first to make investments in NEIRO, “0x6ac,” has generated an amazing 45x return—$1.77 million.
⭐️ Smart traders are making big ROIs from the rise of @neiroethcto $NEIRO:
1. “0x6ac” is making $1.77M (x45) thanks to being a super early buyer. He currently holds 4.6B $NEIRO ($1.75M).
2. “0xc05” is making $619K in less than 20 hours. He used #BananaGun bot to snipe 140 $ETH… pic.twitter.com/Sn32u1Iung
— Spot On Chain (@spotonchain) September 17, 2024
The investor currently holds 4.6 billion NEIRO, valued at approximately $1.75 million. Similarly, another trader, “0xc05,” used the BananaGun bot to snipe 140 ETH worth of NEIRO immediately after Binance’s announcement. This move yielded $619,000 in under 20 hours.
After holding his NEIRO for just four days, another prominent investor, “0x090,” made really large profits. Realizing a $302,000 profit—a 603% raise from his starting investment—the dealer sold 1.057 billion NEIRO for $352,000.
Binance Adds NEIRO, TURBO, Baby Doge for USDT Trading
Wintermute Trading’s Continued Investment
While NEIRO has surged significantly, following Binance’s announcement, its Ethereum-based equivalent, Neiro on ETH, dropped 42%. Even with this dramatic drop, one well-known participant in the market, Wintermute Trading, has raised its Neiro on ETH holdings. Wintermute added 19.11 million Neiro on ETH in the previous 24 hours, therefore raising its total holdings to 55.36 million tokens, valued roughly $4.11 million.
This behavior highlights Wintermute’s faith in Neiro on ETH in face of the fall in the bigger market. Their ongoing investment emphasizes the different approaches traders are applying to negotiate the fast evolving market conditions.
NEIRO Price Surges
With a 24-hour trading volume of $441,581,484 Neiro’s price has kept rising and stands at $0.0003713 as of this press. This shows a 44.16% rise in the last day and an amazing 745.30% climb across the past week. These numbers imply that, especially after the token’s Binance listing, demand in the token is still robust. On its hand, Neiro on ETH traded at $0.08045 during this writing.
