Neiro Rises 15% as Investors Flock to ‘Less Than $0.01’ Meme Coin

Neiro ($NEIRO), Ethereum's latest Dogecoin ($DOGE) rival, rose 14.8% in 24 hours after a meme coin rally adding 2.6% overnight to the $49.3 billion sector.

Neiro's price is $0.001011, down 5.7% from last week but up 24.8% from two weeks ago. Early investors had gained 1,299% in 30 days.

The $412.5 million meme currency Neiro is the only one among the fourteen largest to increase double-digits overnight.

Sector leader/Neiro example The price of Dogecoin rose 4.2% to $0.1074. Only Shiba Inu ($SHIB) came close to Neiro's performance with a 9.3% overnight surge to $0.00001725.

Developers want $NEIRO to be a billion-dollar meme currency. On August 3, they airdropped Ethereum developer Vitalik Buterin 4% of the supply, worth $130,000, as a publicity gimmick. He emptied everything immediately.

Vitalik's HODL aversion is not shared by the community. On September 24, $N$NEIRO ached a record $0.001327 since starting in the summer. The price is down 24% today.

Neiro is young, but data patterns are emerging. Late December saw strong resistance around $0.0013 for the coin. The fall began in October and bottomed at $0.00086 on October 3, suggesting support around $0.0009.


Its RSI is 65 and climbing to 70, overbought. This suggests the token's price is overstated and the spike will fade overnight.


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