Vitalik's popularity + "CTO's push", Neiro was originally a Nirvana story
Unlike the capitalized NEIRO, which rose as soon as it opened and reached a market value of 10M in just 1 hour, Neiro collapsed as soon as it opened and took more than a week to reach 10M. Later, the market value of NEIRO rose all the way to 290 million US dollars, but it was soon revealed that the insider warehouse address accounted for 78%, which was the largest insider warehouse in the meme world, and then fell all the way.
The "resurrection" of the lowercase Nerio came from an accident. When the Neiro token was launched, the initial deployment team transferred 17.1 billion Neiros to Vitalik's address, accounting for 4% of the total. This marketing method is very common in the meme community. In order to increase the attractiveness of the token, many meme coin project parties or holders will transfer part of the tokens to famous figures in the crypto community or famous caller addresses in the meme community, and then publicize their holdings in the community to attract other traders to buy tokens.
Later, Neiro's current CTO team neiroethcto added a comment under Vitalik's reply, saying that the Neiro team that airdropped the token no longer operates the project, and the token deployer abandoned the project a few hours after launching it, and now it has been taken over by the community. But after a wave of increases due to Vitalik's reply, Neiro fell by more than 90% in the following week. From August 13 to August 17, Neiro rose nearly 50 times, while NEIRO fell 44% during the same period, falling to its lowest point, with a market value of 34M.
