「【Institutional Manipulation Revealed】LD Capital Holds 64% of Meme Coin NEIRO! Is it a Strategic Move or Market Manipulation?」
LD Capital is reported to control 64.25% of the circulating supply of Meme Coin NEIRO,
The founder's statement "Bought with real money" has caused a major earthquake in the crypto community—Is this value investing or blatant market manipulation?
Core Controversies of the Incident
1️⃣ Terrifying Holding Ratio:
Holding 173,000 ETH (approximately 500 million dollars)
Controlling 64.25% of NEIRO's circulating supply (absolute control)
Started buying when the project's market cap just broke 10 million dollars
2️⃣ Founder’s Response:
"Pure buying in the secondary market without selling"
"Aiming to support NEIRO as the leading Meme in the ETH ecosystem"
"Buying more and more to become a currency powerhouse"
"In the crypto world, a 64% holding is not called investing; it’s called market manipulation" — Anonymous Market Maker
Is it investment or manipulation? Three Major Doubts
❓ Why not disclose?
Holding over 5% should be publicly disclosed (traditional financial market rules)
Only responded passively after being exposed
❓ How to guarantee no price crash?
64% of the chips could instantly drive the price to zero
The founder only verbally promised "not to sell"
❓ Ecosystem Leader or a Tool for Exploiting Investors?
NEIRO has no actual ecosystem application
Recent trading volume shows 90% coming from a single exchange
Current State of the Meme Coin Market
✅ Institutional Entry:
Institutions like LD Capital and Alameda have started to position themselves in the Meme sector
The hype logic has shifted from "community governance" to "institutional control"
❌ Retail Risks:
Among the top 10 Meme coins, 6 are controlled by institutions with over 40%
Recent on-chain data for NEIRO shows: 95% of addresses are at a loss