#NEIRO分析 332 times surge! BN listing triggered a buying frenzy, early investors made a fortune
After the Fed announced the rate cut, the price of Bitcoin (BTC) rose from $59,000 to $63,700. Many people asked if this meant the arrival of a bull market. I think it is just a small bull market, or a wave rise. Especially for many meme coins, the rate cut will lead to capital flowing back into the market, making the market capital sufficient. However, historical data shows that every time the Fed raises interest rates above 5%, it is often accompanied by the risk of financial crisis. For example, the Latin American debt crisis in the 1980s, the Asian financial crisis in 1997, and the bursting of the IT bubble in 2000 are all related to the Fed's monetary policy cycle.
Meanwhile, meme coin culture is becoming an important part of the cryptocurrency market. NEIRO, an emerging meme coin on Ethereum, has performed amazingly this week, soaring 332 times in seven days, and its current market value has exceeded $341 million. Previously, NEIRO was still struggling to break through the $100 million market value. After listing, the token's rise on Binance was unstoppable. Tracking data shows that NEIRO has skyrocketed 109% in the past day, and this surge is mainly attributed to the sharp increase in trading volume. From a technical analysis perspective, as long as the price rises and market participation increases, the potential of this token is very considerable.
Therefore, NEIRO may have more room to rise, and early investors can look forward to more gains. Although NEIRO's price surge was driven by market enthusiasm, the real FOMO (fear of missing out) began on September 16, when NEIRO was listed on Binance and began trading along with two other meme coins, TURBO and BABYDOGE. By September 17, traders had already begun to actively withdraw NEIRO. Even before NEIRO was listed, the meme coin was already performing very well. As people's excitement gradually heated up, its gains soon reached triple digits. Less than 48 hours later, traders wanted to double down and follow the trend.
Traders made a fortune due to whales' accumulation of holdings. Analysts pointed out that the surge has given some early investors rich returns. According to Arkham data on September 16, a trader named "0x6ac" invested in NEIRO before its listing, and his initial investment of $16,500 has now swelled to more than $1.8 million.
The final suggestion is that you can participate in this wave of rise, and it is expected that there will be at least 2-3 weeks of rising market. It is recommended to sell some chips at high prices and buy again when the price falls back to the range of 33,000-42,000 US dollars. Recently, Musk-related meme coin #MARVIN (contract number 7055) has attracted attention.
The name Marvin comes from Musk's pet dog, which he often mentions on Twitter and celebrates its birthday on November 1st every year. Unlike previous meme coins listed on Binance with a market value of hundreds of millions, this time it was listed at a lower market value. Marvin's current market value is only more than 300,000 U, but due to its active community promotion, it is expected to exceed 10 million market value soon and become the focus of Binance. For such a potential primary market token, there is a possibility of 100-1000 times growth in the short term.
