Neiro Coin Has Risen by 49% in Just 24 Hours – What’s Next for the Memecoin
Crypto Enthusiast
- Neiro Coin soared nearly 50% in just one day.
- A significant investor capitalized on the trend as early stakeholders cashed out.
The price of Neiro [NEIRO] has risen by 49% within the last 24 hours as memecoins made a strong comeback this week. This surge followed Bitcoin’s [BTC] jump towards $64,000, initiating a broader market relief rally.
The remarkable ascent of NEIRO was also significantly influenced by whale activities. As per data from blockchain analytics platform SpotOnChain, a major whale acquired $1.466 billion NEIRO tokens valued at about $1.8 million during this surge.
“rektdolphin.eth emerged as the top buyer of $NEIRO during this timeframe, trading 190.5 billion $PEPE and 6 $ETH in exchange for 1.466 billion $NEIRO ($1.8 million) around four hours ago, currently showing gains of approximately +19%, equating to around $334,000.”
Around the same time, another prominent whale trader exited their NEIRO position securing an impressive +10% profit.
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IoT – The recent price rally aligned with predictions from the Fibonacci retracement levels found on current price charts.
The On Balance Volume (OBV) indicator has shown an upward trend over recent hours due to unprecedented trading volume spikes.
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