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

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

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The developer of the Solana-based Neiro memecoin has made a $2.85 million profit in an apparent rug pull.

The developer wallet made the $2.85 million profit after printing an over 5,169-fold return on his initial investment of just three Solana (SOL) tokens worth over $550.

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

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