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Key Points
Neiro is a dog-themed meme coin inspired by a real Shiba Inu. The dog Neiro was adopted by Atsuko Sato after Kabosu (the famous Dogecoin Shiba Inu) passed away in May 2024.
Neiro's adoption sparked a new market frenzy and inspired the creation of several meme coins with similar names.
In this article, we will cover various Neiro projects with a focus on the largest Neiro token by market cap called First Neiro on Ethereum (or Neiro CTO).
Asal-Usul Neiro
In May 2024, the famous Dogecoin mascot, Kabosu, passed away at the age of 17, marking the end of an era. A few months later, Kabosu’s owner brought home a new Shiba Inu named Neiro. The dog sparked a frenzy in the meme coin space that led to the creation of numerous Neiro-inspired tokens on Solana and Ethereum.
The most prominent Neiro projects consist of two Solana projects and two Ethereum projects. First, we will discuss the first Neiro token deployed on Ethereum which leads by market cap. Then, we will discuss the Neiro tokens created first and highlight the fundamental differences between the four Neiro projects.
First Neiro on Ethereum (Neiro CTO)
First Neiro on Ethereum, also known as Neiro CTO (short for community takeover), is the top Neiro project by market cap. Neiro CTO is part of a larger meme coin phenomenon with tokens like Dogecoin and Shiba Inu frequently making headlines.
Most meme coins start out as jokes, but some can grow rapidly due to viral social media and community trends. Much like Dogecoin and other dog-themed coins, Neiro doesn’t promise to revolutionize the financial world, but instead focuses on building a strong community and encouraging user engagement through humor and social media buzz.
However, traders and investors should remain cautious. Meme coins are known for their volatility and can experience large price swings based on community sentiment.
When was Neiro CTO created?
Neiro CTO was deployed on July 27th at 16:14 WIB. This is the first Neiro deployed on the Ethereum network.
Which Neiro Meme Coin Came First?
If you check the smart contract on a blockchain explorer like Etherscan or Solscan, you will find that all four Neiro tokens were distributed on July 28, 2024 at different times – two on Solana and two on Ethereum.
Two Solana-based meme coins launched first. The Ethereum version of Neiro soon followed. However, despite launching first, both Solana projects now have lower market caps compared to the Ethereum version.
While the reasons are unclear, some argue that the differences in market demand and adoption rates are due to the way each project launched and distributed its Neiro token. Some have the potential to be more centralized than others.
Where Can I Trade Neiro CTO?
You can buy and sell Neiro CTO on the Binance Spot market. At the time of writing, the available trading pairs are NEIRO/USDT, NEIRO/FDUSD, and NEIRO/TRY.
What's Next for Neiro?
While Neiro CTO has seen tremendous growth, its future remains uncertain. Meme coins are notorious for their unpredictable nature and extreme volatility. Like most meme coins, its success depends heavily on continued community support, market demand, and viral trends.
Cover
The meme coin Neiro has caught the attention of the crypto world, fueled by the legacy of Dogecoin and the viral adoption of a new Shiba Inu called Neiro. Among the various projects, Neiro CTO stands out with the highest market cap.
While the excitement surrounding dog-themed tokens is undeniable, investors should remain cautious. If you’re looking to invest or trade Neiro, be sure to use funds you can afford to lose and keep an eye on the community and market trends. A core component of meme coins is market sentiment, and Neiro is no exception.
Further Reading
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