Shiba Inu Whale Profits $1M In 5 Days With First Neiro On Ethereum, Is PEPU The Next Crypto To Explode

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First Neiro On Ethereum (NEIROCTO) is seeing a steep bullish trajectory since its Binance listings and has already rallied by over 3600%.

It is therefore no surprise that investors are printing millions in profits with it. 

For instance, a crypto whale is currently sitting on over $1.1 million worth of unrealized profit on his NEIROCTO position. 

The whale accumulated nearly $2.3 million worth of the meme coin at an average price of $0.0008. Now with First Neiro On Ethereum price trading at $0.0012, his position is worth $3.4 million.

Smart money investors are already searching for the next NEIROCTO – a low-cap gem that could offer outsized returns. A few prominent traders believe Pepe Unchained fits the bill. The new meme coin has already raised nearly $15 million in ICO behind heavy whale buys. 

Whales Print Millions With First Neiro On Ethereum, But Is It Too Late To Buy?

Dogecoin and Shiba Inu community members have been quick to support Neiro-themed projects. 

For the uninitiated, Neiro is the new dog adopted by Kabosu Mama, who was also the owner of Kabosu, the original dog behind Dogecoin. 

Initially, Neiro Ethereum established itself as the top Neiro-themed meme coin, even securing a Binance Future listing. At its peak, the token had a market capitalization of just under $300 million. 

However, Binance soon snubbed the project citing high degree of centralization, instead listing the low-cap token First Neiro On Ethereum on its Spot market. 

Since then, NEIROCTO has recorded nearly 37x growth, with its market capitalization soaring from under $15 million pre-Binance to $540 million on Monday. 

However, the key question now is whether it is too late for sidelined investors to go long on First Neiro On Ethereum. Popular crypto investor TraderSZ doesn’t believe so. 

This prominent trader – who entered into NEIROCTO between $1 million to $2 million valuation – now projects the meme coin to surge to $0.00208, which would represent another 70% rally. 

Indeed, the project has been securing some key partnerships which is expected to boost its adoption. 

For instance, it has collaborated with Sundog, the top meme coin on the Tron blockchain. The details of the partnership will be revealed in an X space on Thursday, which could spark a bullish continuation.

Similarly, it is collaborating with DWF Labs, a prominent Web3 investor and market making firm. Notably, Floki’s partnership with DWF created a significant buzz and provided a substantial boost to the meme coin. 

First Neiro On Ethereum may see a similar bounce. 

However, NEIROCTO’s technicals paint a short-term bearish picture. For instance, its Relative Strength Index (RSI) has entered the ‘Overbrought’ territory in the daily timeframe.

Indeed, the First Neiro On Ethereum price is already trading 12% below Monday’s all-time high as whales start to take profits. However, any substantial dips may present excellent buying opportunities as experts remain bullish on the meme coin in the long term, with some projecting a multi-billion dollar valuation in the coming months. 

Pepe Unchained Nears $15M Milestone With Heavy Whale Buys – Next Crypto to Explode?

The strong demand for low-cap meme coins shows no signs of slowing down. The Federal Reserve’s rate cuts also provides the ideal backdrop for a meme coin mania, owing to the uptick in market liquidity. 

Smart money investors are already searching for the next NEIROCTO and Pepe Unchained (PEPU) is emerging as one of the options. 

PEPU has surpassed First Neiro On Ethereum’s pre-Binance valuation and it isn’t even live on exchanges yet. It has raised nearly $15 million in presale funding behind heavy whale buys. 

For instance, a deep-pocketed investor poured in $200k to stack PEPU at its early ICO price. Earlier this month, two whales invested $55k and $25k into the meme coin on the same day. 

Pepe Unchained’s utility-driven is one of its unique selling points. It is very rare for a new meme coin to have its own Layer-2 chain, offering holders extremely low trading costs and instant transactions. 

Additionally, PEPU holders are earning passive income at an APY of over 140%, which is also creating a strong demand for the meme coin. 

Unsurprisingly, investors are expecting substantial returns from Pepe Unchained, with a few prominent traders aiming for 100x returns. 

*Cryptonomist did not write the article or test the platform.