#NEIROETH surged by nearly 50% today, raising some eyebrows.
However, after a detailed analysis, I've decided to stick with $NEIRO @neiroethcto
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Why $NEIRO?
Today's $NEIRO spot volume is approximately 10 times that of #NEIROETH
- #NeiroETH rise is driven entirely by futures volume, which I believe is not sustainable.
- Binance wallets hold only significant amounts of $NEIRO
- While Wintermute investment might have acquired #NEIROETH they own only 7% of the supply, which is a bit concerning
- $NEIRO has a supply structure more fitting for the memecoin culture, similar to $Shiba $Pepe and $Doge
The volume is currently high, and we could see further action from other exchanges.
An #Upbit or #Coinbase listing could mark the end for #Neiroeth
