Solana’s Neiro Memecoin Developer Nets $2.85M in Rug Pull

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According to reports, the developer of Neiro, a Solana-based memecoin, has executed a rug pull, making 2.85 million dollars in the process. He initially invested 3 SOL or around $552, and bought 97.5 million Neiro tokens. While this initial investment has resulted into an incredible 5,169x return.
In various wallets, the developer sold 68 million Neiro tokens that earned him 15,511 SOL equivalent to $2.85 million.
It is worth saying that these actions entailed the purchase of 10m Neiro units, which he sent into a dead wallet. Thereby leaving unrealized profits on other 19.5m Neiro tokens amounting to $1.8m.

The secret to your next 1000x Is research & I have proof.
Most people don’t know about $NEIRO a new $DOGE related #Memecoin on Solana.
But that didn’t stop it from giving 516,800% in Gains. The Dev turned 3 $SOL(Approx. $552) to 15,508 SOL(Approx. $2.85M) He… pic.twitter.com/JKpWCWsppO
— Karan Singh Arora (@thisisksa) July 29, 2024

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