The Neiro multisig wallet has continued to accumulate significant amounts of @ownthedoge ($DOG) tokens over the past week, making three notable purchases:

1. 28.6 million $DOG tokens, raising its total holdings to 0.98% of the total supply.
2. 31.67 million $DOG tokens, increasing its holdings to 138.33 million tokens, or 0.81% of the total supply.
3. ~32.45 million $DOG tokens, bringing its cumulative total to ~106.66 million tokens, equivalent to 0.63% of the supply.

These acquisitions suggest the wallet’s continued interest in the $DOG ecosystem despite overall market volatility.

The Neiro multisig acquired another 28.6M @ownthedoge $DOG tokens. Total holding is 0.98% of supply. https://t.co/rgX9rK2UCS

— Neiro (@neiro) January 15, 2025

NEIRO Token Faces Weekly Decline

While the multisig’s $DOG accumulation is on the rise, the broader market hasn’t been as forgiving.

NEIRO, the token associated with the ecosystem, has seen a 12% decline in the past seven days, with its current market cap standing at $314 million.

The ongoing accumulation by the Neiro multisig wallet indicates long-term confidence in the $DOG project, even amid a challenging market environment.

What is NEIRO?

Neiro is a dog-themed meme coin inspired by a real-life Shiba Inu. The dog Neiro was adopted by Atsuko Sato after Kabosu (the famous Dogecoin Shiba Inu) passed away in May 2024.

Neiro CTO was deployed on July 27 at 9:14 PM UTC. It was the first Neiro to be deployed on the Ethereum network.