TL;DR
- NEIRO saw an impressive 110% daily price increase, pushing its market cap to over $350 million.
- The meme coin gained popularity as the “heir to DOGE” and is now believed to be fully owned by the community after initially being linked to Ethereum co-founder Vitalik Buterin.
Go vertical
The cryptocurrency market is slightly in the green today (September 18), with many assets such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) posting slight gains. Some of the major meme coins, including Dogecoin (DOGE), dog hat (WIF) and Floki Inu (FLOKI) have had similar rises, but there is one who has stolen the show.
Its name is Neiro (NEIRO) and its price is increasing daily represents a huge 110%. Currently, it is trading at around $0.0008397 (according to data from CoinGecko), which is a staggering jump of over 1,900%. on a weekly scaleThe token’s market cap has surpassed $350 million, making it the 13th largest in his kingdom.
NEIRO’s impressive surge was primarily fueled by Binance, which listed the NEIRO/USDT trading pair earlier this month. The exchange also enabled services with Turbo (TURBO) and Baby Doge Coin (BABYDOGE). Their prices have skyrocketed in recent days, but not as much as NEIRO’s.
Another crypto platform that recently introduced support for the asset is LBank. open deposits on September 18, while withdrawals will be available the following day.
NEIRO’s progress has caught the attention of many industry players, some of whom were eyeing a further price hike. User X TraderSZ predicted that its market capitalization could soon reach $500 million, while Whale Satoshi I was wondering if Coinbase could become the following a major cryptocurrency exchange will list the meme coin.
Learn more about NEIRO
The meme coin, built on the Ethereum blockchain, saw the light of day early August. According to the team behind the projectNEIRO is the “heir of DOGE” and East adopted by “the same caring hands that took care” of the main meme.
“Neiro is like Doge’s little sister and the heir to his legacy. Adopted by the same woman who once owned Kabosu (the dog behind the Doge meme), Neiro carries on the true spirit of memes and internet culture,” the official website reads.
An interesting fact about the project is that initially, THE the biggest the asset holder was Vitalik Buterin (the co-founder of Ethereum). Later onthe 30 year old computer programmer sold its reserve (equivalent to approximately $130,000 at the time). The team claims that currently, NEIRO is entirely controlled and managed by the community:
“Abandoned by her owner and sent to a stray dog shelter for adoption, Neiro’s journey is not unlike our own: after being mistreated by the original developer, we decided to take over the project. Neiro is now 100% community-owned and operated.”
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