Do you know how fast the evolution of cryptocurrency, new coins, and tokens are emerging at a very high rate? Among the variety of such coins, the trending one is undoubtedly Neiro. You might be thinking, What’s special about Neiro and why is it suddenly a talk in the crypto space? This article will help you to sort out all your questions regarding Neiro, read the entire article to know. To make the data more understandable for the beginner, we also tried to explain everything in the easiest way, hope this will help you.
What is Neiro?
Neiro is a digital asset built on the Solana blockchain. This decentralized project is launched with the aim of speed and cost-efficiency, on the other hand, it keeps a community-driven ethos by eschewing taxes on exchange and lacking team tokens.
This dog-themed meme coin was inspired by a real-life Shibu Inu. This Neiro dog passed away in May 2024. This coin is named after him as a tribute.
The two most important Neiro projects are two Ethereum projects and two Solana projects. The first Neiro token was developed on Ethereum, it is also known as Neiro CTO. This Neiro CTO is part of the broader meme coin phenomenon. This was established on July 27th at 21:14 UTC.
In fact, two Solana-based meme coins were introduced before Ethereum, but somehow Solana projects are now running behind Ethereum. This could be because of the difference in market demand.
Even though Neiro CTO is currently showing growth, the future is unpredictable. Meme coins are highly volatile and unpredictable. The success of meme coins is based on continued community support, market demand, and viral trends.
Meme coin | Red | Market cap (September 2024) | Implementation date (July 27, 2024) |
Neiro CTO | Ethereum | 512 M (USD) | 21:14 UTC |
Neiro ETH | Ethereum | 92.6 M (USD) | 22:19 UTC |
Neiro BroPump | Solana | 7.2 M (USD) | 19:55 UTC |
Neiro.lol | Solana | 3.1 M (USD) | 21:05 UTC |
Neiro current price: $0.001896
All-time high: $0.003116
All-time low: $0.0001108
How can you get Neiro?
Obtaining a Neiro token is as simple as that; the only thing you have to do is inform which Neiro you prefer to have. Let’s check how to receive coins from both Ethereum and Solana
If you are interested in Ethereum-based Neiro, you should connect Ethereum-compatible crypto wallets to a decentralized exchange (DEX). Once this step is done, enter the Neiro contract address. Users can trade Ethereum (ETH) for Neiron tokens.
Or else, if you prefer Solana-based Neiro, like Ethereum you should connect a Solana-compatible wallet to a DEX via an automated market maker (AMM), which can swap Solana or other supported tokens for Neiro.
Now you know what is Neiro, how can you get a Neiro token, and you need to know how to use Neiro
Users can trade Neiro tokens on exchange and access liquidity via Raydium. Trade always depends upon personal preference; while some choose to trade for short-term gains, others stick to them and believe in the long-term perspective of the project.
Why Neiro is trending?
There are several reasons for the sudden upsurge of the Neiro coin and its associated tokens, the factors that contributed to its rise include:
- The Kabosu Connection:
It’s definitely the connection to the Shiba Inu, Kabsou significantly lightened interest in Neiro. This connection adopted into the existing Dogecoin community grabbed the attention of the new investors.
- Meme Coin Enthusiasm:
Those who have been in the crypto space from its beginning know that the cryptocurrency market has experienced swift growth from the meme coin side. Neiro has capitalized on a popular internet meme.
- Market Speculation:
No matter whether it is a new and rapidly growing cryptocurrency, speculation has a vital role in inflating the price of Neiro and its associated tokens. As investors approach the potential for high returns, this has resulted in increased demand.
Interesting fact: The name ‘Neiro’ came as a tribute to the new rescue dog adopted by Kabosu’s owner.
FAQs
A. NEIROETH and NEIRO are two different coins, even though they share similar branding. While the former one operates on the Ethereum blockchain, the latter one is built on the Solana blockchain.
A. Based on the NEIRO historical price performance prediction model, the price is expected to hit $0.00 in 2025.
A. Investing in Neiro is associated with significant risks due to its high volatility and speculative nature.