The Ethereum-based token $NEIRO has surged over 72% in the past week, garnering significant attention for its impressive performance. With over 420 billion Nero tokens in circulation, almost 100% of the total supply is already in circulation, which is a positive indicator for investors.

The token is showing bullish momentum, consistently displaying green candles on the daily charts. Its listing on Binance has contributed to its growing exposure, and many believe it has the potential to surpass a market cap of $1 billion.

As of today, October 9, $NEIRO is valued at $0.00168, boasting a market cap of $710 million and a 24-hour trading volume of $982 million. It ranks as the ninth most traded cryptocurrency and holds the top spot among meme coins.

$NEIRO Meme Coin Price Prediction

The first neiro token on Ethereum has been consolidating between the $300 million to $1 billion market cap range, but recent bullish patterns such as impulse waves followed by corrections and bull flags indicate the possibility of further upward movement.

Current market sentiment suggests that while $NEIRO may see short-term corrections, its overall structure looks strong, with potential gains of up to 45% based on Fibonacci retracement levels.