đš Vitalik Buterin Sells $Neiro, Triggering Massive Market Fluctuations! đš
In a dramatic turn of events, meme coin $NEIRO experienced extreme volatility after Ethereum co-founder Vitalik Buterin sold off 17.1 billion tokens airdropped to him, causing the coin's value to crash by over 60% within just five minutes. This event echoes a similar move by Vitalik in 2021, where he burned 410 trillion SHIB tokens, sparking a sharp price surge for Shiba Inu.
The creator of $NEIRO sent these tokens to Vitalik in an attempt to capitalize on his name and attract attention to the coin. However, Vitalik has openly criticized this marketing tactic, emphasizing that the success of a cryptocurrency should be driven by utility and innovation, not merely hype.
Despite the crash, $NEIRO demonstrated a swift recovery, with prices rebounding and hitting new highs shortly after. The token, which is inspired by Dogecoin, has recently gained traction across multiple public chains. On Ethereum, $NEIRO now boasts a market value of $127 million.
đš Market Alert: High Volatility đš According to Dexscreener, $NEIRO plummeted by 64% to a low of $0.00000477 but bounced back to $0.00001121. This kind of extreme volatility underscores the risks associated with meme coins, and investors are urged to approach with caution.
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