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Will $NEIRO liquidity providers' APR remain above 5000% by end of Q3 2024?
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Story
$NEIRO Token Surges with Over $100M in Trading Volume and 10,000% APR Amid Market Confusion
Jul 28, 2024, 05:23 AM
The cryptocurrency market has seen a significant surge in trading volume for the token $NEIRO, which has surpassed $100 million in just an hour. However, confusion has arisen as there are currently two $NEIRO coins in circulation. One is community-driven with a smaller market cap, while the other is cabal-driven with a larger market cap. Reports indicate that the developer of the cabal-driven $NEIRO has made substantial profits, selling tokens for $5.7 million and still holding 6% of the supply. The developer's realised profit is $3.3 million, with an unrealised profit of $4 million. The combined 24-hour trading volume of $NEIRO coins reached $942 million, surpassing the volume of Ethereum Layer 2 chains. The $NEIRO token also boasts an impressive 10,000% APR, and its trading volume was achieved with 86% less liquidity compared to other platforms.
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