Smart Money Is Buying Memecoins After a U.S. Judge Approved the FTX Repayment Plan

The move is expected to inject new liquidity into the crypto market, which would drive up prices. Prominent Trader to Buy Neiro, Fwog, and KHAI

Smart money traders are buying memecoins after a U.S. judge approved the FTX repayments plan, which is expected to inject new liquidity into the crypto market and boost prices.

The payments, which are expected to occur late in Q4, will provide a total of $16 billion to FTX creditors. Of this amount, prominent industry figure TraderSZ estimates that $2.4 billion will be reinvested into the market.

According to Reuters, those with under $50,000 on the exchange – which accounts for 98% of defunct users – will be repaid and receive their funds within 60 days of the plan’s effective date.

TraderSZ, who boasts 600K subscribers on X, announced his intentions to add to his NEIRO, FWOG, and KHAI positions following the news.

“Bullish. Adding to $Neiro $FWOG $KHAI spot,” TraderSZ wrote in a recent tweet.

TraderSZ rose to prominence earlier this year after recommending Neiro when it had a $1 million market cap in August. Today, NEIRO is valued at around $700 million.

His precise market calls have garnered significant attention, making his latest positions particularly noteworthy in light of the FTX repayments news.

Adding to the excitement, analyst Mister Crypto highlighted that the 60-day repayment schedule coincides with the U.S. elections, in which Donald Trump is emerging as a favorite, according to Polymarket.

“FTX will begin distributing $16 billion to its creditors starting soon,” Mister Crypto wrote in a recent tweet.

“Most of that liquidity will come back into #Bitcoin & #Altcoins. You are not bullish enough.”

A Trump win is widely expected to benefit the crypto industry, with British multinational bank Standard Chartered predicting that Bitcoin will 3x, Ethereum will 4x, and Solana will 5x in 2025 – but only if Trump takes office.

According to Mister Crypto, this confluence of events bodes extremely well for the crypto market.

Given the typically higher volatility of meme coins, which makes them more lucrative during bullish periods (albeit more risky in bearish periods), it comes as no surprise that TraderSZ is allocating more capital to memecoins in light of the positive market outlook.

In his most recent big win, the analyst called First Neiro On Ethereum when it had a $1 million market cap, which went on to yield a 700x return.

“I posted $Neiro @neiroethcto at 1-2 million cap, we've just tagged 500m capbillion next,” TraderSZ wrote in a tweet at the time.

“Shoutout to @ARafayGadit & @Bilalbinsaqib for giving me the heads up to get in. I wouldn't be in if they didn't shill it to me. Amazing!”

Shortly after TraderSZ's involvement, the low-cap memecoin was listed on Binance as a “community takeover” CTO token.

Binance has taken a keen interest in the CTO narrative due to its decentralized nature, which aligns with a key preference among investors.

With NEIRO now up 700x from TraderSZ's original call, traders are actively seeking the next low-cap community meme coin that could be poised for a breakout.

One promising candidate is Flockerz, a decentralized presale token that has already raised $540K.

Investors are quickly piling into the Flockerz presale, hoping it could be the next big memecoin.

It follows a blueprint that is not dissimilar to First Neiro On Ethereum in that it is largely community-led. However, it boasts several unique advantages.

Most notably, it operates as the first-ever Vote-to-Earn decentralized autonomous organization (DAO).

This setup will see FLOCK holders dictate the project's future via on-chain voting—and the best part is that they will get paid for doing so.

It is a setup that is designed to encourage participation in the ecosystem while aligning user incentives with the project's success.

Flockerz also features a staking mechanism that will reward FLOCK holders for staking their tokens. Currently, the APY is set at 3,353%, but it will decrease as the staking pool grows.

There is a palpable excitement around this use case, which is evident in the presale having already raised over $350K.

However, the enthusiasm is not limited to retail investors, as leading industry experts are also sharing their optimism.

In a recent interview with the 99Bitcoins YouTube channel, Bury stated that he believes Flockerz could 100x after its presale.

It is certainly an ambitious target, but considering the 700x rise of NEIRO, it cannot be entirely ruled out.

At the time of writing, the FLOCK pres

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