Neiro on ETH price doubles as crypto dump unfolds
#CryptoMarketMoves #DappOSTheFutureofIntentsđ„ #dappOSTheFutureofIntents
It was a sea of red in the crypto and stock markets on Friday, Sep. 6, as the market reacted to the mixed U.S. nonfarm payrolls report.
Bitcoin (BTC) crashed to $53,000, its lowest point since Aug. 7 while AAVE Aave
aave
0.26%
Aave and Near Protocol NEAR Protocol
near
-0.93%
NEAR Protocol fell by over 4%.
The same sell-off occurred in the stock market as the Nasdaq 100, Dow Jones, and S&P 500 indices fell by over 1%. The tech-heavy Nasdaq 100 and the small-cap-heavy Russell 2000 indices were among the worst performers. Popular technology companies like Tesla, Nvidia, and Broadcom fell by over 5%.
On the other hand, Neiro on ETH
, a relatively new meme coin, was the best-performing asset as the Black Friday sell-off continued. Its token jumped by more than 100% to a high of $0.176, its highest swing since Aug. 5.
It has surged by more than 538% from its lowest point this week, giving it a market cap of over $147 million. This rally occurred as the token went viral on social media, becoming the most shared token on X.
