|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Whales Accumulating NEIROETH (Neiro On Ethereum): Betting on a Profitable Future
Sep 28, 2024 at 07:00 pm
NEIROETH (Neiro On Ethereum) appears to be entering an accumulation period, according to SpotOnChain. Several large whales have raised their holdings, implying a possible shift in market sentiment.
Several large cryptocurrency whales, also known as market participants with substantial holdings, are accumulating NEIROETH (NEIRO) tokens, indicating a possible shift in market sentiment and raising questions about Binance’s future listing plans.
According to the latest on-chain data, whale 0x6ab has acquired 17.7 million NEIRO tokens at an average price of $0.086 in the last seven days. This accumulation is significant, especially considering the asset’s recent surge and seven-day growth of over 7%.
Moreover, whale 0x9Ba, while experiencing varying success with Fetch.ai (FET), has also purchased 17.5 million NEIRO tokens on Sept. 6 at a price of $0.154. This investment follows their previous substantial acquisitions.
Interestingly, whale 0xAB5 has also collected 6 million NEIRO tokens over the last month, employing a dollar-cost averaging (DCA) strategy at an average price of $0.128. This whale’s prior success with meme coins, such as PEPE, may be influencing their approach.
Furthermore, whale 0x1ED has purchased 8.6 million NEIRO tokens at an average price of $0.116, although they later liquidated a portion of their holdings without realizing a profit, resulting in a final total of 5.6 million tokens.
However, it's worth noting that their previous success with other assets, including ETHFI, SYN, and PENDLE, adds intrigue to their latest NEIRO transactions.
Among the market makers, Wintermute holds a substantial position in NEIROETH, with 52.97 million tokens, valued at approximately $4.97 million or nearly 5.3% of the total supply. This significant market maker presence highlights the growing interest in NEIROETH and raises anticipation for its potential expansion and adoption.
Currently, NEIROETH has a market cap of $91.6 million, still below the $100 million threshold, and the cryptocurrency's seven-day decentralized juncture may be shifting perspectives.
As reported by CNF, Binance has already introduced a perpetual contract for NEIROETH with leverage of up to 75x, while spot trading for the token is yet to be available at the time of writing.
At press time, NEIROETH is valued at $0.09152, experiencing a 7.37% increase in the last seven days, and its seven-day growth stands at 7.37%. With a market cap of about $91,657,038, the token's seven-day net realized P/L amounts to -$3,117,117.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Ronin Network: 8-Year Staking Plan Promotes Long-Term Network Growth
- Sep 29, 2024 at 12:25 am
- The Ronin Network has devised an 8-year staking rewards plan to strengthen its standing and encourage ongoing involvement.
-
- Worldcoin Price Prediction: WLD Set to Skyrocket by 50% as Bulls Regain Control
- Sep 29, 2024 at 12:25 am
- The Worldcoin price had made a huge noise within the markets as it broke above the descending pattern. While the market participants believed the token reached $3 without any bearish interference, the token began to consolidate around a narrow range.
-
- RCO Finance (RCOF): A Promising Alternative to Cardano (ADA)
- Sep 29, 2024 at 12:25 am
- While the market is experiencing a major resurgence, with Bitcoin hitting $65,000, Cardano investors have faced a different reality. This token hasn’t surged as many expected
-
- Bitgert vs Altlayer Coin: Which Is the Better Investment?
- Sep 29, 2024 at 12:25 am
- The cryptocurrency market, with a bull run on the way, is looking great for investors right now. Bitcoin has hit the $65K mark and altcoins are also showing potential for growth.
-
- This Week in Crypto Venture Capital: Celestia Foundation Raises $100M, Infinex Secures $65.29M From NFT Sale
- Sep 29, 2024 at 12:25 am
- In this week's venture capital update, more than $253 million flowed into the crypto startup world, although the bulk of that funding went to the blockchain network Celestia Foundation.
-
- Neuraswap: Transforming AI Data Tokenization and Decentralized Trading
- Sep 29, 2024 at 12:25 am
- In an exciting collaboration, GPT Protocol has joined forces with ApeBond to introduce the first-ever AI-focused decentralized exchange (DEX)
-
- BONK and UNIT Surge Amid Market Activity Boost, RWA Tokenization Gains Traction
- Sep 29, 2024 at 12:25 am
- BONK has experienced a 5.70% surge over the last 24 hours trading at $0.000020. With a 24-hour trading volume of $181.6 million, BONK has captured attention
-
- BlockDAG Emerges as a Potential Leader in the Crypto Landscape for 2024, as XRP and Polygon Encounter Hurdles
- Sep 29, 2024 at 12:25 am
- In the world of cryptocurrencies, XRP and Polygon are encountering significant hurdles. Over the past year, Polygon’s market performance has dipped significantly, largely due to its role as a scaling solution for Ethereum.
-
- Why TAO (Bittensor) Holders Are Now Switching to Bitgert (BRISE)
- Sep 29, 2024 at 12:20 am
- With the crypto space maturing, TAO (Bittensor) investors are now looking for projects that can provide greater value in the long run.