$NEIRO This cryptocurrency has been performing erratically, with a 17% drop in price since this morning's draft.

This time, we'll try to look at it from a longer-term perspective.

NEIRO is still essentially a meme coin, and the value of a meme coin depends primarily on its market cap. Currently, NEIRO's market cap is about 700 million, but it's worth noting that it's also one of the meme coins traded on Binance.

Compared to other meme coins that are also traded on Binance:

Pepe's market cap is 4 billion, Wif's market cap is 2.5 billion, and Bonk's market cap is 1.2 billion

Therefore, if NEIRO is to be considered a normal Binance meme coin, its market cap needs to be at least 1 billion. This means that NEIRO still has room for growth in market cap of 300 million.

Currently, the current price of NEIRO is 0.0016920. Investors can consider setting a stop loss at 0.001 and a take profit at 0.0025 for trading.