Neiro’s recent surge in popularity within the meme coin community stems from a few major developments. First, Neiro, a Shiba Inu-themed meme coin, gained attention after Atsuko Sato, owner of the original Dogecoin mascot Kabosu, adopted a new dog named Neiro. Kabosu’s death in May 2024 sparked interest in Neiro as a spiritual successor, though Sato has not endorsed any Neiro coins.
The meme coin trend was further fueled by listings on major exchanges such as Binance, Crypto.com, and OKX, which significantly increased its exposure and trading volume. Capitalizing on the momentum of the meme coin market, Neiro surged in price by over 900% in the week following its Binance listing.
The community-driven nature of Neiro, as well as its novelty as a new dog-themed meme coin associated with the Dogecoin legacy, created a viral sensation, especially among speculative traders in the crypto space. However, it’s worth noting that like many meme coins, Neiro is highly volatile and subject to market hype.