đŸ”„đŸ”„The Name Who Earned $145 Million with Shiba Inu Is Now Investing in This Memecoin đŸ”„đŸ”„

Investors of Shiba Inu (SHIB), one of the largest memecoins in terms of market value, $SHIB

started buying a new token.

According to data from on-chain and analysis platform Spot On Chain, a memecoin investor traded 1,003 Ethereum ($2.31 million) for 2.86 billion NEIRO despite a 17-fold increase in its price.

The Three-Year History of the Altcoin Whale

According to Spot On Chain, this whale earned $145 million by trading SHIB in the 2021-2022 period. However, two of the three transactions he made recently were not very successful. It was reported that the whale, who used NEIRO/ETH and SHIB in these transactions, lost a total of $13.48 million.

Seeing that it was losing money, the whale started to exchange its SHIB assets for FET tokens. According to Spot On Chain data, the whale received 3.11 million FET for 255.6 billion SHIB and still holds these tokens. This shows that the whale made an unrealized gain of $715 thousand.

The name NEIRO comes from the name of the dog adopted by the owner of DOGE’$DOGE

. The meme coin, inspired by this adopted dog, earned millions for its developer, while different investors continue to trade on the token.

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