Today, we focus on the top-ranked $NEIRO token, which was named after the newly adopted pet rescue dog of the owner of Shiba Inu Kabosu, the inspiration for Dogecoin. This unique background quickly made NEIRO the new favorite of the MEME coin community. On many mainstream public chains such as Ethereum and Solana, tokens with the same name have emerged. In particular, on the Ethereum network, $NEIRO has risen rapidly and was nicknamed "the king of dogs". Its market value once climbed to an astonishing $160 million. However, behind this glamorous and beautiful, there is a complex shadow of manipulation.

PANews deeply tracked the flow of funds of NEIRO tokens and revealed an astonishing fact: multiple wallet addresses that seem to be unrelated on the surface actually have their initial funding sources pointing to a common mixer platform - Cointool. This discovery reveals the possible manipulation behind it. Specifically, on July 27, these wallet addresses almost simultaneously carried out small purchases of NEIRO tokens, which created the illusion of a huge increase in trading volume in a very short period of time to attract market attention.

Immediately afterwards, the new currency blocking robots and market making arbitrage robots in the market responded quickly and intervened in the market. Their operations further concealed the traces of the original rat warehouse, making the entire manipulation process more covert. It is worth noting that until August 1, most of the NEIRO tokens in these addresses had not been sold. This behavior is likely to avoid causing excessive alertness in the market, thereby maintaining the concealment of the manipulation. In summary, NEIRO's soaring path is not entirely based on the natural selection of the market, but is mixed with complex manipulation and strategies.