According to BlockBeats, a smart money address has made significant profits from trading NEIRO tokens. On July 31, the address used Banana Gun to purchase 10 million NEIRO tokens at the moment of their launch, spending 0.41 ETH, including a bribe fee of 0.3 ETH. The average purchase price was as low as $0.0001382 per token.
Three hours later, the same address increased its holdings by buying an additional 56,000 NEIRO tokens for 1.99 ETH. Currently, the address has sold 28% of its holdings at an average price of $0.026 per token, earning a profit of $73,400.
As NEIRO continues to reach new all-time highs on the Ethereum network, the remaining 7.22 million tokens held by the address have an unrealized profit of nearly $850,000. The total profit from these transactions has reached $920,000, resulting in a return on investment exceeding 11,662%.