Three Traders Make $2 Million as This Crypto Token Surges 1,000%
Recently, the global cryptocurrency market capitalization fell by 3% to $2.04 trillion, driven by widespread trader apprehension and market uncertainty.
Despite the prevailing bearish sentiment, three crypto traders capitalized on a significant opportunity with the NEIRO token, which surged 1000% in just one night, earning them a combined $2 million.
Among the notable gains, one trader with wallet address 0x6ac realized $1.77 million from an initial investment of 5 ETH ($16,500). Another trader, with wallet address 0xc05, made $619,000 in just 20 hours after leveraging a BananaGun bot to acquire 140 ETH following the NEIRO token’s listing on Binance. The third investor, holding wallet address 0x090, saw a 603% profit, accumulating $302,000 from selling 1.057 billion NEIRO tokens.
READ MORE: Economist Peter Schiff Warns Bitcoin Could Plunge to $20,000
Current data shows these investors still hold significant amounts of NEIRO. The first investor maintains 4.599 billion NEIRO valued at $1.688 million, along with other assets. The second investor’s portfolio is worth $1.259 million, with a major portion in NEIRO. The third investor holds $351,739 in assets, primarily in USDT, with some NEIRO.
NEIRO, which was virtually worthless at launch, is now trading at $0.0003674, with a peak of $0.0004159 recently. The token boasts a market cap of $154 million and a trading volume of $441 million, reflecting its growing popularity and demand.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
