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basic ideas
Neiro is a dog-themed meme coin inspired by a real-life Shiba Inu dog. Atsuko Sato adopted Neiro after Kabusu (the famous Shiba Inu dog who was the mascot of Dogecoin) passed away in May 2024.
The adoption of Nero the dog has sparked a new craze in the market, inspiring the creation of several meme coins with similar names.
In this article, we will review the different Neiro projects, focusing on the largest Neiro token by market cap, known as the first Neiro on the Ethereum network (or Neiro CTO).
Neiro's Origins
In May 2024, Kapuso, the iconic Dogecoin icon, passed away at the age of 17, marking the end of that era in the meme coin world. A few months later, Kapuso’s owner adopted a new Shiba Inu named Neiro. This sparked a new meme coin craze, leading to the creation of several Neiro-inspired tokens on both Solana and Ethereum.
The most prominent Neiro projects consist of two on the Solana network and two on the Ethereum network. First, we will discuss the first Neiro token published on the Ethereum network, as it is the leader in terms of market cap. Then, we will discuss the first Neiro token created, and highlight the key differences between the four Neiro projects.
First Neiro on Ethereum Network (Neiro CTO)
The first Neiro on the Ethereum network, also known as Neiro CTO, is the leading Neiro project by market cap. Neiro CTO has become part of the larger meme coin phenomenon, where tokens like Dogecoin and Shiba Inu are at the forefront.
Most meme coins start out as jokes, but some can grow rapidly due to social media virality and community trends. Like Dogecoin and other dog-inspired coins, Neiro doesn’t promise any revolutionary impact on the financial sector, but instead focuses on building a strong community and boosting user engagement through humor and social media virality.
However, traders and investors should be careful; meme coins are notoriously volatile and can see huge price swings based on community sentiment.
When was Neiro CTO created?
The Neiro CTO went live on July 27 at 9:14 (UTC), and was the first Neiro project to go live on the Ethereum network.
Which Neiro meme coin came first?
If you check their smart contracts on a blockchain explorer like Etherscan or Solscan, you will find that all four Neiro tokens were published on July 27, 2024, at different times – two on the Solana network and two on the Ethereum network.
The two Solana-based meme coins were launched first, and the Neiro versions on Ethereum joined later. But despite being launched first, the two Solana projects have lower market caps than the two Ethereum projects.
Although the reasons are unclear, some say the differences in market demand and usage rates are due to the way each project launched and distributed Neiro tokens, with some likely being more centralized than others.
Where can Neiro CTO be traded?
You can buy and sell Neiro CTO tokens on the Binance spot exchange. At the time of writing, the available trading pairs are NEIRO/USDT, NEIRO/FDUSD, and NEIRO/TRY.
What's next for Neiro?
While Neiro CTO has seen tremendous growth, the future remains uncertain; meme coins are known for their unpredictable nature and high volatility. As with most meme coins, their success largely depends on continued community support, market demand, and social media trends.
Closing thoughts
The meme coin Neiro has captured the attention of the cryptocurrency world, fueled by the legacy of Dogecoin and the adoption of the Shiba Inu dog Neiro, which has become a viral sensation on social media. Among the various projects, Neiro CTO stands out as the highest by market cap.
While there is no denying the excitement surrounding the launch of dog-themed tokens, investors should be cautious. If you are considering investing in or trading Neiro, make sure to use money you can afford to lose and keep an eye on community and market trends; meme coins are highly dependent on market trends, and Neiro is no exception.
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