NEIRO, a memecoin described as Dogecoin's successor, has experienced a 50% price spike in the past 24 hours, reaching a new All-Time High (ATH) of $0.001502.
Whale investors have been actively accumulating NEIRO tokens, driving the price up by 3000% on the monthly chart.
A whale investor with the wallet address rektdolphin.eth recently purchased NEIRO tokens worth approximately $1.8 million, swapping 190.5 billion Pepecoins (PEPE) and 6 Ethereum (ETH).
The memecoin frenzy extends beyond NEIRO, with other memecoins like Dogecoin and Shiba Inu also experiencing price gains over the past 24 hours.