Whales Print Millions With First Neiro On Ethereum, But Is It Too Late To Buy?
#Dogecoin and #ShibaInu community members have been quick to Support Neiro-themed projects.
For the uninitiated, Neiro is the new dog adopted by Kabosu Mama, who was also the owner of Kabosu, the original dog behind Dogecoin.
Initially, Neiro Ethereum established itself as the top Neiro-themed meme coin, even securing a Binance Future listing. At its peak, the token had a market capitalization of just under $300 million.
However, Binance soon snubbed the project citing high degree of centralization, instead listing the low-cap token First Neiro On Ethereum on its Spot market.
Since then, NEIRO has recorded nearly 37x growth, with its market capitalization soaring from under $15 million pre-Binance to $540 million on Monday.
However, the key question now is whether it is too late for sidelined investors to go long on First Neiro On Ethereum. Popular crypto investor TraderSZ doesnât believe so.
This prominent trader â who entered into #NeiroOnBinance between $1 million to $2 million valuation â now projects the meme coin to surge to $0.00208, which would represent another 70% rally.
Indeed, the project has been securing some key partnerships which is expected to boost its adoption.
For instance, it has collaborated with #Sundog , the top meme coin on the Tron blockchain. The details of the partnership will be revealed in an X space on Thursday, which could spark a bullish continuation.
Similarly, it is collaborating with DWF Labs, a prominent Web3 investor and market making firm. Notably, Flokiâs partnership with DWF created a significant buzz and provided a substantial boost to the meme coin.
Indeed, the First Neiro On #Ethereum price is already trading 12% below Mondayâs all-time high as whales start to take profits. However, any substantial dips may present excellent buying opportunities as experts remain bullish on the meme coin in the long term, with some projecting a multi-billion dollar valuation in the coming months.
