Can NEIRO Make Millionaires 2024? NEIRO Price Analysis
Neiro ($NEIRO), Ethereum's newest Dogecoin ($DOGE) competitor, struck a new high and became the eighth largest meme currency by market value.
However, how far can this three-month-old token go?
Neiro fever propelled the price to a new high of $0.002259 today before falling 12% in six hours.
In the past 24 hours, Neiro has followed $DOGE, the first meme currency.
In 24 hours, Dogecoin rose 0.7% to $0.1158, while Neiro rose 0.4%. Dogecoin rose 7.7% and Neiro 4.4% to $0.002021 in the last week.
Thus, Neiro is one of the top 10 currencies today but is losing ground. Over the week, Turbo ($TURBO) rose 99% and SPX6900 rose 55%.
Dogecoin's initial competitor Shiba Inu ($SHIB) loses 0.5% intraday. It gained 4% this week, the least of the top 10 meme coins.
Neiro: Still Making Millionaires?
Neiro's creators airdropped Ethereum inventor Vitalik Buterin 4% of the supply on August 4, worth $130,000, as a publicity gimmick.
He sold everything.
But $NEIRO has been rising since then. It is nearing an all-time high and support is building at the psychologically crucial $0.0020 mark.
Late September saw strong resistance around $0.0013 for the coin.
October began a drop that bottomed at $0.00086 on October 3, signaling token support around $0.001.
Its RSI is 45 and decreasing. This is positive since the market is pricing Neiro favorably despite the meme coin's record high.
