The crypto market did not react well to the start of September as Bitcoin slipped under $60k; however, one memecoin stood out from the rest. Neiro, the coin that calls itself the “First Neiro on Ethereum,” saw an 83.8% surge in the last 24 hours.
Currently trading at $0.000901, the self-proclaimed “sister of Doge” is ranked #719 on CoinGecko.
The highest price paid for the memecoin is $0.0001425, recorded 16 days ago. Comparatively, the current price is 39.97% lower than the all-time high price.
Neiro: The Sister of Doge
Neiro is making the headlines today with an 80% uptick. Looking at its fundamentals it has a market cap of $36,629,406 and is ranked #719 on CoinGecko today. The 24-hour trading volume was $12,873,858, depicting a 36.60% increase from one day ago and indicating a rise in the market activity.
Bitcoin was tanking in the initial weeks of August, but after tapping $58,000 in midmonth, the prices started flaring for all the cryptocurrencies. This caused a surge in the trading of memecoins, and the sister of DOGE was the most visited crypto during the period, which also increased its trading volume up to 50%.
Neiro was launched in July and has been soaring on the charts as the cycle’s top meme coin. The project has over 23k followers on its official X account and is listed on tier-one exchanges like Bybit.
From the above said fashion of how things are running, Neiro, the self-proclaimed “sister of doge,” there is a possibility that the meme coin can also be listed by Binance. These speculations arose after the Ethereum Founder Vitalik Buterin announced that he sold and donated the profits of animal tokens that were given to him.
If one looks at the current data and the predictions made by analysts and traders around the world, Neiro could hit big and reach a $1 billion market cap in the next 30 days and will be targeted by well-known investors.
Also Read: Dogecoin Faces Critical Test at $0.094: Can Bullish RSI Divergence Spark a Reversal?
Source: https://www.cryptonewsz.com/neiro-gains-amid-market-turm-next-doge-making/