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Neiro memecoin developer makes .85M profit after apparent rug pull

Neiro memecoin developer makes $2.85M profit after apparent rug pull

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Source: Coin Telegraph

The developer wallet made an over 5,100x return on his initial $550 investment.

The developer of Solana-based memecoin Neiro has profited $2.85 million in an apparent rug pull.

The $2.85 million profit represents a 5,169x return on their initial investment of just 3 SOL (SOL), worth over $550.

The developer initially invested in the memecoin when deploying the token contract, according to a July 28 X post by Lookonchain:

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Author: Zoltan Vardai