Neiro Token Surges, Market Cap Exceeds $800 Million Milestone

• Neiro token has shown impressive performance, outperforming meme coin competitors with strong growth in recent days.
• The Neiro team has ended its partnership with Gotbit and is securing new market makers for continued success.

Emerging on the Ethereum network, First Neiro On Ethereum (NEIRO) has lately made news with its amazing performance, surpassing several rivals in the meme coin space. Along with drawing attention, this increase in value is pushing the token to unprecedented levels on the market.

NEIRO is trading at about $0.002072 at the time of writing, having increased impressively 17.61% over the last 24 hours. More remarkably, during the past seven days, the token has surged by 105.86%.

Neiro’s market cap has exceeded $800 million thanks to this notable increase; the fervent enthusiasts of the token expect it will shortly reach the sought-after $1 billion milestone.

Neiro Team Ends Partnership with Gotbit, Moves Forward with New Market Makers 

But NEIRO’s expansion is not without internal corrections either. The Neiro team recently announced that they had broken ties with Gotbit, their erstwhile market-making partners. The official statement claims that “none of the matters regarding Gotbit or its staff concern or relate to Neiro in any form. Still, the Neiro project’s and community’s appropriate choice is to remove ourselves.”

Important announcement

We have halted our relationship with Gotbit, who were our market maker partners. None of the issues involving Gotbit or its employees involve or are relevant to Neiro in any capacity. However it is the right decision for the Neiro project and community to…

— Neiro (@neiro) October 11, 2024

The Neiro team also disclosed that they had already returned some market-making money back to the community multisig wallet, therefore reassuring the community.

The Chief Technology Officer (CTO) of the initiative, “S,” has volunteered his own resources to keep market-making operations running while other monies are still being awaited. During this transitional stage, our proactive action guarantees the token’s stability and liquidity.

The Neiro team is also acting quickly to create fresh alliances with top-notch market producers. Their indication of their dedication to preserving the momentum of the token is their expectation of this change occurring in a few hours or days. These new partners are said to be totally in line with the long-term objectives of the project and to be fully supportive of the Neiro community.