The post After Neiro Ethereum Gave Investors 300X Gains, Which Meme Coin Could Make Millionaires Next? appeared first on Coinpedia Fintech News
A well-known trader on “Crypto Twitter’ (X) tipped First Neiro on Ethereum before its Binance listing announcement.
The result was over 300x gains. Someone who invested $10K would now have more than $3 million. What will be the next meme coin to explode?
First Neiro On Ethereum Makes Millionaires From $3.3K, Exceeds Amazon’s 2-Decade Performance In Weeks
Trader SZ was first called First Neiro On Ethereum when it had a $1 million market cap.
Less than a month on, it’s worth $347 million, demonstrating the life-changing gains that can be made from a successful meme coin investment.
16 mil cap to 216mil cap in less than 48 hoursWe got in around 1-2 mil cap thanks to @ARafayGadit heads upShould go to 1 billion cap $Neiro @neiroethcto https://t.co/Ua3jpVYpMO pic.twitter.com/UlMTY2Lr7J
— TraderSZ (@trader1sz) September 17, 2024
Trader SZ’s call translates to approximately a 300x gain. Based on that, a $3.3K investment in August would now be worth $1 million.
What this meme coin has provided in a month is more than what Amazon.com (one of the best-performing stocks) has returned in the last 20 years.
Today, Amazon.com is priced at $186. This means you’d have had to invest at $0.56 to get a 300x ROI.
The last time Amazon.com traded at that price was January 2002, during the aftermath of the dot-com bubble.
Indeed, this illustrates the incredible opportunity of meme coins and reaffirms why many retail traders invest in them over conventional assets.
While not without risk, traders can turn relatively small sums of money into substantial portfolios in just a couple of weeks or months. And the craziest part? They break every rule of traditional investing.
It might be the only market where retail can have the upper hand over well-equipped institutions with hundreds of experts and unlimited resources at their disposal.
But with First Neiro On Ethereum, the bulk of gains have probably passed. It’s highly unlikely that a trader who enters today could become a millionaire unless they make a substantial upfront investment.
So what’s the next millionaire-making meme coin? One project with a lot of backing is Crypto All-Stars. It’s a new meme coin presale that has raised $1.3 million so far and is tipped for up to 100x gains.
Is This the Next Meme Coin to Explode? Crypto All-Stars Surges Through Presale, Offers 1,100% APY
While most meme coin prices are driven solely by vibes, speculation, and hunches, Crypto All-Stars holds a unique position as a core piece of meme coin infrastructure.
It’s building the first unified meme coin staking protocol, supporting tokens from different blockchains such as Dogecoin, Shiba Inu, Pepe, Floki, and more.
In an industry known for providing huge gains, Crypto All-Stars’ unique approach helps it stand out and capture investors’ attention.
The project will also support staking of its native $STARS token, which provides a staggering 1,100% APY at press time. However, this will decrease as more users stake their tokens.
But that’s not the only utility of $STARS. Users must hold it to stake their other meme coins, and the more they hold, the more they’ll earn.
Put differently, all the top meme coins communities will now be connected through the Crypto All-Stars native token.
The concept is causing a buzz among analysts. FredCrypto says the project “will be huge” and speculates it has 50x potential.
However, others are looking even further ahead. For instance, the 99Bitcoins YouTube channel backs it for 100x gains.
The current $STARS presale price is $0.0014477, but this will rise throughout the campaign.
Visit Crypto All-Stars Presale
