Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Neiro Multisig Increases $DOG Holdings Despite Market Dip

Neiro Multisig Increases $DOG Holdings Despite Market Dip

CyrptoRoCyrptoRo2025/01/16 04:55
By:Buliga Dorin

Neiro Multisig Adds Millions to Its $DOG Token Portfolio

The Neiro multisig wallet has continued to accumulate significant amounts of @ownthedoge ($DOG) tokens over the past week, making three notable purchases:

  1. 28.6 million $DOG tokens, raising its total holdings to 0.98% of the total supply.
  2. 31.67 million $DOG tokens, increasing its holdings to 138.33 million tokens, or 0.81% of the total supply.
  3. ~32.45 million $DOG tokens, bringing its cumulative total to ~106.66 million tokens, equivalent to 0.63% of the supply.

These acquisitions suggest the wallet’s continued interest in the $DOG ecosystem despite overall market volatility.

The Neiro multisig acquired another 28.6M @ownthedoge $DOG tokens. Total holding is 0.98% of supply. https://t.co/rgX9rK2UCS

— Neiro (@neiro) January 15, 2025

NEIRO Token Faces Weekly Decline

While the multisig’s $DOG accumulation is on the rise, the broader market hasn’t been as forgiving.

NEIRO, the token associated with the ecosystem, has seen a 12% decline in the past seven days, with its current market cap standing at $314 million.

Neiro Multisig Increases $DOG Holdings Despite Market Dip image 0 NEIRO 7D CHART

The ongoing accumulation by the Neiro multisig wallet indicates long-term confidence in the $DOG project, even amid a challenging market environment.

What is NEIRO?

Neiro is a dog-themed meme coin inspired by a real-life Shiba Inu. The dog Neiro was adopted by Atsuko Sato after Kabosu (the famous Dogecoin Shiba Inu) passed away in May 2024.

Neiro CTO was deployed on July 27 at 9:14 PM UTC. It was the first Neiro to be deployed on the Ethereum network.

Neiro Multisig Increases $DOG Holdings Despite Market Dip image 1

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Wasabi Adds Berachain Vaults With Up To 300% Yields

CryptoNewsFlash2025/03/30 20:44
Wasabi Adds Berachain Vaults With Up To 300% Yields

How Jack Du Rose Went From Jewels To Building DAOs

CryptoNewsFlash2025/03/30 20:44
How Jack Du Rose Went From Jewels To Building DAOs

Market Chop: Altcoins Follow 2020-2021 Pattern, Says Analyst

Analysts suggest the current market chop is temporary, likening it to 2020/2021 patterns. Could altcoins be set for significant gains?Altcoin Market Chop: Just a Pause Before the Surge?Why the Chop Isn’t a Cause for ConcernLooking Ahead: What’s Next for Altcoins?

Coinomedia2025/03/30 20:33
Market Chop: Altcoins Follow 2020-2021 Pattern, Says Analyst