Quick check-in on $NEOX — last month’s most promising @virtuals_io Unicorn launch, but the onchain reality is somber.
Price has slid hard from ~$0.0048 to ~$0.00129, with volume completely drying up. Even with Base flows broadly depressed, this looks like full disengagement.
What the last 24h of @nansen_ai flows show:
• 🤓 Smart money effectively gone — only 2 labeled wallets remain, with one fully exiting a 2.4M token position in the last day
• 🐳 Zero whale or fund presence — no institutional bids stepping in
• 🆕 No material fresh wallet demand — nothing yet to flip the trend
$NEOX is a retail-dominated token right now, with active distribution and 100% of the PnL board underwater. For a Unicorn launch, that’s a real credibility hit — and I flagged this risk pre-launch on @VirtualsWeekly. Still high on @NeoxInfra, but the project needs a lot more than an @arbuschirps campaign to recover.
Markets quiet, 👀 still onchain — follow @Chyan for daily insights. 📶