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Key points
Neiro is a meme coin inspired by a real-life Shiba Inu dog. Atsuko Sato adopted Neiro after her dog Kabosu (who became the inspiration for Dogecoin) passed away in May 2024.
The appearance of the dog Neuro caused a new stir in the market and inspired enthusiasts to create several meme coins with similar names.
In this article, we will look at various Neiro-themed projects and focus on the largest coin by market cap, which is considered to be the first Neiro token on Ethereum (or Neiro CTO).
The Origin of Neiro
In May 2024, the famous Dogecoin symbol named Kabosu passed away at the age of 17, marking the end of an era. A few months later, Kabosu's owner brought home a new Shiba Inu named Neuro. This caused a stir in the world of meme coins and led to the creation of multiple Neuro-inspired tokens on Solana and Ethereum.
The most notable projects were four: two on Solana and two on Ethereum. First, we will look at the first token, Neiro, deployed on Ethereum and leading by market cap. Then we will talk about the very first token created and highlight the differences between these four projects.
First Neiro Token on Ethereum (Neiro CTO)
The first Neiro on Ethereum was nicknamed Neiro CTO (community takeover). It became the leading project by market cap, named after the dog Neuro. Neiro CTO is part of a larger meme coin phenomenon. Popular tokens like Dogecoin and Shiba Inu are constantly making headlines.
Most meme coins start out as jokes, but some grow quickly on the back of social media hype and community trends. Like Dogecoin and other dog-themed coins, Neiro isn’t trying to revolutionize the financial world, but rather to build a strong community and attract users through humor and social media buzz.
However, traders and investors should exercise caution. Meme coins are known for their volatility and can experience large price swings based on community sentiment.
When was Neiro CTO created?
Neiro CTO launched at 21:14 UTC on July 27, 2024, becoming the first Neuro the Dog-themed token to be deployed on the Ethereum network.
What was the first Neuro themed meme coin?
If you check the coins' smart contracts in a blockchain explorer like Etherscan or Solscan, you can see that all four Neiro tokens - two on Solana and two on Ethereum - were deployed on July 27, 2024, but at different times.
The first two meme coins to launch were on Solana, and then Ethereum tokens followed. Although Solana projects were the first, they currently have a lower market cap than Ethereum tokens.
There are no exact reasons for these differences in market demand and adoption rates, but some argue that it has to do with how projects were launched and how Neiro tokens were distributed (with some potentially being more centralized than others).
Where can I trade Neiro CTO
Neiro CTO is available for trading on the Binance spot platform. At the time of writing, the available trading pairs are NEIRO/USDT, NEIRO/FDUSD, and NEIRO/TRY.
The Future of Neuro-Themed Tokens
Neiro CTO has seen incredible growth, but its future remains uncertain. Meme coins are known for their unpredictability and extreme volatility. As with most meme coins, Neiro CTO's success depends largely on community support, market demand, and trends.
In conclusion
Neiro meme coins have captured the attention of the entire crypto community thanks to the legacy of Dogecoin and the hype surrounding the new celebrity pet named Neuro. Among all the projects on this topic, Neiro CTO stands out with the highest market cap.
While the hype around dog-themed tokens continues, investors should remain cautious. If you are considering investing in or trading Neiro, only invest with money you can afford to lose and keep an eye on community and market trends. Meme coins are highly dependent on current market sentiment, and Neiro is no exception.
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