Neiro price climbs on $1 billion in inflows - can it reach $1?
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In 2024, meme currencies are all the rage in the cryptocurrency world, and Neiro is one of the most controversial.
Is Neiro suitable for long-term investment? Can this bull run push it above $1?
In this article, let's talk about Neiro's market value, see if it has a chance of reaching $1, and then talk about other cryptocurrencies with potential.
Look at the first meme currency DOGE, there is an attractive story behind its success. DOGE came out in 2014 and was inspired by a Shiba Inu meme, which was originally a blog photo posted by Atsuko Sato for her dog Kabuso. After Kabuso left, the meme currency community still supported Dogecoin and its competitor Shiba Inu, and everyone was still looking for new alternatives. Look, Neiro became popular in August.
So can Neiro reach $1 in 2024? How high can it go?
The current price of Neiro is $0.04400, up 106.27% in 24 hours.
Moreover, CoinMarketcap ranks Neiro at 102nd place, with a market value of more than $7.4 billion, which is quite impressive.
This information can help us predict the future of Neiro and answer the question of whether it can rise to $1.
Price is market value divided by circulating supply. Neiro's market value is more than $7.4 billion, and the circulating supply multiplied by $0.001776 is this number.
To say whether Neiro can rise to $1, let's do some calculations.
The circulation of more than 420 billion multiplied by the price of $1 is a market value of more than $420 billion.
So, the bigger question is whether Neiro (or any other currency) can reach a market value of more than $420 billion.
If it really reaches this number, Neiro's market value will be higher than Samsung, Tesla, VISA, and even Austria and Israel. Only Bitcoin can compare with it, and it will become a global economic giant. Although it is doubtful that the meme currency has risen to such a high level, Neiro does have a lot of development potential.
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