Ethereum

Neiro Ethereum

<p>Amid the ongoing significant price surge across the crypto landscape, whales and institutions have now shifted their focus on Neiro Ethereum (NEIRO) and are on a buying spree. On September 27, 2024, the on-chain analytic firm <a href="https://x.com/spotonchain/status/1839596800031998301" target="_blank" rel="noopener noreferrer nofollow">Spotonchain</a> made a post on X (previously Twitter) that NEIRO seems to be in an accumulation phase.</p>  
<h2 class="wp-block-heading" id="h-whales-and-institutions-adds-103-million-of-neiro-nbsp"><strong>Whales and Institutions Adds 103 Million of NEIRO&nbsp;</strong></h2>  
<p>According to the data, institutions and whales have accumulated a significant 102.77 million NEIRO tokens.&nbsp;</p>  
<ul class="wp-block-list">
 <li>The wallet address 0x6ab has accumulated a significant 17.7 million NEIRO tokens at an average price of $0.086 over the past 7 days.</li>  
 <li>The wallet address 0x9Ba purchased 17.5 million NEIRO tokens at an average price of $0.154.</li>  
 <li>The wallet address 0xAB5 bought 6 million NEIRO at an average price of $0.128.</li>  
 <li>Another whale address 0x1ED bought 8.6 million NEIRO at an average price of $0.116.</li>  
 <li>Lastly, Wintermute an institution and market maker, accumulated a significant 52.97 million NEIRO tokens worth $4.97 million.</li> 
</ul>  
<p>However, the market cap of this meme coin is $90 million, and this significant accumulation by whales and institutions indicates the potential of this <a href="https://coinpedia.org/news/memecoin-boom-arthur-hayes-bets-big-on-pepe-as-meme-market-nears-50-billion/" rel="noopener noreferrer nofollow">meme coin</a>, which may rally in the coming days.&nbsp;</p>  
<h3 class="wp-block-heading" id="h-neiro-current-price-momentum-nbsp"><strong>NEIRO Current Price Momentum&nbsp;</strong></h3>  
<p>At present, NEIRO is trading near $0.09 and has remained stable while other major cryptocurrencies are experiencing notable upside rallies over the last 24 hours. During the same period, its trading volume jumped by 10%, indicating strong participation from traders and investors amid ongoing accumulation.</p>  
<h2 class="wp-block-heading" id="h-neiro-technical-analysis-and-upcoming-levels"><strong>NEIRO Technical Analysis and Upcoming Levels</strong></h2>  
<p>According to expert technical analysis, NEIRO has been in a consolidation zone for the last ten days and is still struggling to gain momentum. Based on historical price momentum, if the meme coin breaks out of the zone and closes a daily candle above the $0.10 level, there is a strong possibility that NEIRO could soar by 80% to reach the $0.19 level in the coming days.</p>  
<figure class="wp-block-image size-large"><a href="https://image.coinpedia.org/wp-content/uploads/2024/09/27231128/NEIROUSDT_2024-09-27_23-11-15.png" rel="noopener noreferrer nofollow"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/27231128/NEIROUSDT_2024-09-27_23-11-15-1024x448.png" alt="" class="wp-image-356537"></a>
 <figcaption class="wp-element-caption">
  Source: Trading View
 </figcaption>
</figure>  
<p>Currently, this meme coin appears risky due to its low market cap, while the recent acquisitions by Whales and institutions hint at a potential buying opportunity.</p>

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