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Dreaming to become a millionaire, here’s one coin that promises that! Neiro (NEIRO) has burst onto the crypto scene, quickly climbing the ranks to become a top 25 meme coin on the Ethereum blockchain. This rapid ascent follows its recent debut on major exchanges like Binance, Crypto.com, HTX, and OKX. Despite a sluggish market, Neiro’s standout performance and impressive price gains have captured significant attention.
With this boost, the Ethereum-based altcoin has skyrocketed, delivering over a 10X return to its long-term investors within just a month. Naturally, questions like “Why is NEIRO’s price skyrocketing?” and “How high can Neiro Ethereum go?” are flooding the internet.
Will NEIRO Price Hit A New ATH This Year?
Turn 10K into $1M, If?
Neiro Ethereum (NEIRO), a new dog-themed memecoin on Ethereum, has taken the crypto world by storm with a staggering 1,500% surge in just the past month. The excitement around Neiro has sparked some bold predictions. Analyst MoneyLord, known for his insights on X, believes that Neiro could mirror the success of DOGE and SHIB.
There is nothing compared to $NEIRO narrative The only thing you can compare $NEIRO to is $DOGE and $SHIBYour 10-20k$ investment today could be worth 1-2m$ by Christmas If $WIF went to 5B, $NEIRO could easily get to 10-20B based on the Narrative as $DOGE sister This is…
— MoneyLord (@moneyl0rd) September 9, 2024
MoneyLord highlighted that investing $10,000 in Neiro could potentially turn into over $1 million by year-end, though this 9,900% increase is speculative. He also suggested that Neiro might exceed a $20 billion market cap if dogwifhat (WIF) hits $5 billion, thanks to its “sister” narrative with Dogecoin.
The Crypto Kazi’s Stamp of Approval
Adding to the buzz, analyst The Crypto Kazi is also bullish on Neiro. He envisions Neiro as the next big thing, potentially surpassing SHIB and DOGE in this market cycle. Neiro’s recent surge to $0.1914, with a 24.19% increase in the last 24 hours and a staggering 459.41% rise over the past week, reinforces this optimistic view.
A significant boost matches the token’s impressive price movement in trading volume, which recently hit $73,625,789. This surge in interest from investors suggests that Neiro’s momentum is likely to continue.
Community and Whale Backing: Fueling the Fire
Neiro’s success is not just about numbers. Influential figures like Momin Saqib, co-founder of Web3Pak and Web3Works, credit Neiro’s vibrant community and major exchange support for its rise. Plus, whale insiders revealed, that big bulls including market maker Wintermute, have invested heavily in Neiro, further fueling speculation about its potential. Currently, Wintermute holds the 5.74M NEIRO tokens worth $957K, about 0.5% of the total supply.
What Next in Neiro Price?
The bulls are revving up, aiming to smash through Neiro Ethereum’s resistance at $0.190 soon. If they hold strong, a test of the crucial $0.2425 level could be on the horizon this month. But if the bears take over, Neiro might slip back to $0.1365 and could even dive to $0.080 in the weeks ahead.