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Key Takeaways

• Neiro is a dog-themed meme coin inspired by a real-life Shiba Inu. The dog Neiro was adopted by Atsuko Sato after Kabosu (the famous Dogecoin Shiba Inu) passed away in May 2024.

• The adoption of Neiro sparked a new market frenzy, inspiring the creation of multiple meme coins with similar names.

• In this article, we’ll go through the different Neiro projects, focusing on the biggest Neiro token by market cap, known as the First Neiro on Ethereum (or Neiro CTO).

Origins of Neiro

In May 2024, Dogecoin’s famous mascot, Kabosu, passed away at the age of 17, marking the end of an era. A couple of months later, Kabosu’s owner brought home a new Shiba Inu named Neiro. This sparked a frenzy in the meme coin scene, leading to the creation of many Neiro-inspired tokens on Solana and Ethereum.

The most noticeable Neiro projects consist of two Solana and two Ethereum projects. First, we will discuss the first Neiro token deployed on Ethereum, which is leading by market cap. Then, we will cover which Neiro token was created first and highlight the basic differences between the four Neiro projects.

First Neiro on Ethereum (Neiro CTO)

The First Neiro on Ethereum, also known as Neiro CTO (short for community takeover), is the leading Neiro project by market cap. Neiro CTO is part of the larger meme coin phenomenon, where tokens like Dogecoin and Shiba Inu often make news headlines. 

Most meme coins start as jokes, but some can grow rapidly due to viral social media and community trends. Much like Dogecoin and other dog-themed coins, Neiro doesn't promise to revolutionize the financial world but instead focus on building a strong community and driving user engagement through humor and social media buzz.

That said, traders and investors should remain cautious. Meme coins are known for their volatility and can experience massive price swings based on community sentiment​.

When was Neiro CTO created?

Neiro CTO was deployed on July 27 at 9:14 PM UTC. It was the first Neiro to be deployed on the Ethereum network.

Which Neiro Meme Coin Came First?

If you check their smart contracts on a blockchain explorer such as Etherscan or Solscan, you will find that all four Neiro tokens were deployed on July 27, 2024, at different times – two on Solana and two on Ethereum.

The two Solana-based meme coins launched first. The Ethereum versions of Neiro joined the race soon after. But despite being launched first, the two Solana projects now have a lower market cap when compared to the Ethereum versions.

While the reasons are unclear, some argue that the differences in market demand and adoption rates are due to the way each project launched and distributed its Neiro tokens, with some potentially being more centralized than others.

Where Can I Trade Neiro CTO?

You can buy and sell Neiro CTO on the Binance Spot market. At the time of writing, the available trading pairs are NEIRO/USDT, NEIRO/FDUSD, and NEIRO/TRY.

What’s Next for Neiro?

While Neiro CTO has seen incredible growth, the future remains uncertain. Meme coins are notorious for their unpredictable nature and extreme volatility. As with most meme coins, its success largely depends on continued community support, market demand, and viral trends.

Closing Thoughts

Neiro meme coins have captured the attention of the crypto world, driven by the legacy of Dogecoin and the viral adoption of a new Shiba Inu named Neiro. Among the various projects, Neiro CTO stands out with the highest market cap.

While the excitement around dog-themed tokens is undeniable, investors must remain cautious. If you’re thinking about investing or trading Neiro, make sure to use funds you can afford to lose and keep an eye on the community and market trends. Meme coins are all about market sentiment, and Neiro is no exception.

Further Reading

• What Is Dogecoin?

• What Are Meme Coins?

• What Is Etherscan and How to Use It? | Binance Academy 

• What Is Crypto Market Sentiment?

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