Recently, NEIRO has been shining in the crypto market, ranking at the top of the growth rate and becoming the focus of attention. This rising star not only shows its strong market potential, but also shines in the market with its amazing surge.
Faced with NEIRO’s rapid growth, many people can’t help but ask: Can it continue to soar? Let’s take a closer look at the charm of NEIRO.
NEIRO's trading volume continues to soar and quickly ranks among the most traded cryptocurrencies. This week's increase is as high as 41%, far exceeding other top 100 cryptocurrencies, which is undoubtedly an impressive achievement. As the market gradually recovers, NEIRO is constantly breaking through key structural levels, paving the way for its future rise.
NEIRO Market Analysis
From the technical indicators, NEIRO is in a daily upward trend, and there is no obvious selling pressure. If it wants to rise, I really don’t know where the limit is, so let’s make a horizontal comparison:
1. From last year to this year, the market value of several blue-chip stocks such as RENDER, KAS, and ORDI that have clearly encountered resistance is about 1 billion;
2. After checking the news, the highest market value of PEPE after listing on Binance should be around 800 million; and the answer given by the data website is more than 1.5 billion (professionals can give an accurate answer in the comment section);
3.NEIRO’s current market value is 750 million;
4. The narrative of the cryptocurrency circle is exhausted, and MEME is in vogue. It seems that NEIRO has become the cryptocurrency circle wealth creation target chosen by capital in the past few days;
5. MEME has dominated the cryptocurrency market throughout 2024. I was chatting with my friends in the group today, and I said that if Bitcoin broke through its previous high and traded sideways at 80,000-90,000, I would definitely hold on to NEIRO. However, at this stage, Bitcoin has not even broken through the 66,500 range, so I chose to sell it for a profit.
Recalling the market sentiment in May 2023 before PEPE was listed on Binance, it was the ending part of the climax; recalling the emergence of big blue chips such as ORDI, it was the leader of the track after being suppressed to the extreme.
NEIRO's trading volume to market value ratio is as high as 1.6. As the sellers who have made profits are gradually exhausted, it is only a matter of time before NEIRO's price rises. Based on NEIRO's amazing trading volume to market value ratio, its unique market position and the enthusiastic pursuit of fans, we can reasonably speculate that NEIRO's price is expected to hit $0.003 in the next few weeks. Once this goal is achieved, NEIRO will become the sixth largest Meme coin and its market position will be further enhanced.
Since August, NEIRO's market value has soared from $1 million to $700 million, bringing rich returns to many early investors. Although the future market trend is difficult to predict, NEIRO's strong performance has undoubtedly brought unlimited reverie to investors.
