Crypto trader turns $16k into $1.8 million in eight weeks
A cryptocurrency trader has just recorded a 100-fold return through trading meme coin First Neiro (NEIRO). The unidentified trader invested $16,550 in the token, which turned into $1.8 million after holding their position for about eight weeks, data shared by blockchain Analysis platform Arkham on September 16 indicates. The particulars of the trade indicated that the investor opted for a historically successful strategy of accumulating promising meme coins early after their launch in anticipation of a price rally. In this case, they acquired NEIRO within 48 hours of it hitting the market. Picks for you OpenAI's o1 predicts silver price for the end of 2024 18 hours ago Taylor Swift meme coin crashes; here's all you need to know ...