On September 17, according to insights from Spot On Chain, Wintermute significantly bolstered its portfolio by acquiring an additional 19.11 million NEIRO tokens within the previous day. This acquisition brings Wintermute’s cumulative NEIRO holdings to 55.36 million tokens, valued at approximately US$4.11 million. Market analysis reveals a notable decline in the price of NEIRO, a meme coin based on the Ethereum blockchain, which plummeted by 41.35% over the last 24 hours, currently trading at US$0.07356. This substantial price drop underscores the ongoing volatility inherent in the cryptocurrency market, influencing both retail and institutional investors.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024