#NeiroOnEthereum Neiro (NEIRO) is a meme-inspired cryptocurrency that emerged in mid-2024, drawing inspiration from a Shiba Inu named Neiro, adopted by Atsuko Sato after the passing of Kabosu—the original Doge meme dog.
Built on the Ethereum blockchain, Neiro has gained significant attention for its rapid price surges and active community engagement.
In October 2024, Neiro's price surged by approximately 50%, reaching $0.08282, accompanied by heightened trading activity involving prominent market makers like Wintermute and GSR Markets.
Despite the broader cryptocurrency market downturn, Neiro defied trends by skyrocketing over 100% in a five-day period in October 2024, marking a 5000% increase from its September lows.
However, this rapid growth has raised concerns about potential market manipulation due to the high concentration of Neiro's supply among a few large holders.
Analysts have also pointed to technical indicators suggesting that Neiro might be overheating, with potential market corrections on the horizon.
Neiro is available for trading on major platforms, including Binance, with trading pairs such as NEIRO/USDT, NEIRO/FDUSD, and NEIRO/TRY.
As with all meme coins, Neiro's value is highly volatile and largely driven by community sentiment and market trends.
Investors should exercise caution and conduct thorough research before engaging in trading or investment activities involving Neiro.