Neiro Price Prediction – $NEIRO Price Forecast for 2024 and Beyond

After the death of Kabosu, the Shiba Inu that inspired Dogecoin, Neiro, another Shiba Inu, was adopted by the owner, which led to another meme coin of the same name. Developed on the Ethereum blockchain, the Neiro token shares similarities with DOGE in many ways.

However, will these similarities be reflected in Neiro’s price action as well? Since its launch, Neiro has experienced a massive surge, going up by more than 36,000%, which mirrors the community’s attention to Dogecoin.

Will the Neiro token continue to keep up the momentum and evolve to become a good alternative to Dogecoin? This guide will touch on this question by offering Neiro price forecasts for 2024 and beyond.

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Read on to get a proper rationale behind our predictions and explore what Neiro is about.

What is Neiro?

The official website of Neiro describes the token as the little sister to Doge and the heir to its legacy. Adopted by the same individual who once owned Kabosu, the dog behind the meme, Neiro is known to carry the same quirks and viral spirit of Dogecoin.

Deployed on the Ethereum blockchain, this version of Neiro quickly gained the attention of the crypto community and Vitalik Buterin.

The Ethereum founder replied to a community-member-run X account that he had donated more than $500,000 to the animal welfare fund via Neiro.

Charity donation done, covering all animal coins from the past year or so!

That said, I appreciate it if coin holdings just get allocated to the charities directly😊

It's 2024, we can start doing more sophisticated public goods fun-ding, eg. see https://t.co/8ZVhwkVwLy pic.twitter.com/RQ1ThdLCYL

— vitalik.eth (@VitalikButerin) August 15, 2024

The incident was monumental for the crypto community since it was only the second time Vitalik interacted with a meme coin, which led to its massive surge in price charts.

This “First Neiro on Ethereum” soon spawned other meme coins of the same name. One exists on the Ethereum blockchain, also known as Neiro Ethereum, and there are two other projects on the Solana blockchain.

All the variants have gone through volatile price action. However, the First Neiro on Ethereum is the only one whose action has been mostly positive to date.

Neiro Price Analysis

Neiro first arrived on the crypto market on July 27, 2024, and went live on Uniswap. The token’s initial price action was flat, with more red candles than green.

It wasn’t until September 16 that its value started to surge. Three consecutive green candles were formed, pushing the Neiro price up by more than 2,755%.

Then, three small red candles were formed before another surge pushed it up another 58%. The price action then grew increasingly volatile, increasing its value by over 36,000% since launch.

The token’s RSI remains in the overbought zone, indicating that bearish price action may be underway. However, the token’s MACD is still heading in a positive direction, showing that the force of the bulls is strong with this one. With the token’s market cap slowly inching toward the $1 billion mark, this year may become bullish for Neiro.

Neiro Price Prediction 2024

Neiro has emerged in the market when people are moving more towards meme coins, as they believe that any major price action for Bitcoin may be over. The world’s biggest cryptocurrency trades sideways, with no signs of it moving to its recent highs anytime soon.

With Neiro, however, there are multiple factors attributing to its bullish action in 2024. Its status as a legacy asset, combined with the fact that major names inside the cryptocurrency space, like Vitalik Buterin, have already shown interest, may work together to boost its value. This is despite the sentimental indicator on CoinMarketCap flaring bear signs for the token.

The most recent candle for the token has been red, and the RSI is starting to move within range. However, similar occurrences have happened twice before. If Neiro moves on the price charts the same way, the token can rise to $0.0035 by the end of November 2024 and $0.005 by the end of December 2024.

However, this may only happen if Neiro maintains the same momentum as it has so far. We may see a decline if the token falls below its current support trendline. As such, the meme coin can also drop to the $0.0009 level by December 2024.

Another crucial element to look at is social media handles. There are multiple ones created, and only one—Neiro on Ethereum—has gained significant traction. However, the token that this page represents hasn’t seen the surge at the level of the “First Neiro on Ethereum.” This could create some confusion, which may harm the token’s chance of growth.

Neiro Price Prediction 2025

The market may have a different setting in 2025, as many anticipate that year to mirror 2021’s price action. With that, there is anticipation that Bitcoin will reach the $100k mark, which could lead other meme coins to follow suit.

Since the impact of a bull market on a meme coin is much more profound, we can expect Neiro to go through an exponential increase, provided it continues to stay relevant in the market and is capable of flipping other tokens of the same name.

Another key factor that would influence Neiro in 2025 is increased donations. If other crypto-enthused celebrities chime in and start to discuss Neiro’s influence on the market, we could see Neiro going through another boost.

Dogecoin’s price action should also be noted. While Neiro’s performance on the price charts is decoupled from Dogecoin’s so far, by next year, it is possible that it will start to mirror Dogecoin’s performance. That is, if Dogecoin goes through a bull run, Neiro may also follow.

Crypto analysts, such as 99Bitcoins, has already talked about this project, and they have discussed its immense potential.

Neiro Price Prediction 2030

Since Neiro is only a recently released meme coin, not much can be said about its long-term potential. Furthermore, its surge in 2024 is not uncommon, and many meme coins have experienced the same. However, the differentiating factor with Neiro is that major names within the crypto community have already been talking about it, and major cryptocurrency exchanges have already listed it.

So, Neiro won’t be able to capitalize on something as mundane as a listing pump in the future. It could, however, start to consolidate a better community around it. For now, the community is widely separated due to four tokens of the same name being launched at nearly the same time. Although the First Neiro on Ethereum is the token that has garnered the most attention, its social media presence still has a ways to go.

While we can talk about Neiro’s lack of utility, considering Dogecoin inspires it, the use cases won’t likely be anything different from being focused on charity.

Another bull run would also have occurred by 2030. The impact this has on the community will also determine how Neiro moves on the price charts. More donations from someone like Elon Musk, already known as the Dogefather, would be a welcome occurrence in Neiro’s ecosystem.

Based on these factors, our conservative estimate is that Neiro will reach nearly $0.7 by 2030.

What Factors Could Boost Neiro’s Growth?

Here are some of the key factors that will determine how NEIRO performs in the coming days.

Strong Community Engagement

The first factor that will determine how strong Neiro becomes in the future is strong community engagement. Its X account, which has accumulated over 43k followers to date, has already started to consolidate a strong community.

Memes are regularly shared, and news coverage about the Neiro token has started to make waves across the crypto market. At least in the short term, the token’s current social standing will determine how high it goes in the future.

Exchange Listings

Much of Neiro’s growth can be attributed to it going live on tier-1 exchanges such as Binance, KuCoin, HTX, and more. Thirty-one exchanges have listed the token in total to date, and it is likely that more will come in the coming days. This is expected to start happening after Neiro crosses the $1 billion market cap threshold.

Exchanges may also introduce new ways to interact with Neiro. For instance, Gotbit Hedge Fund recently announced a collaboration project between BabyDoge and Neiro CTO.

More exchange listings will increase Neiro’s liquidity while enhancing its exposure. This could have a combined positive impact on its value.

Celebrity Influencers

Neiro’s first shot to fame happened when Vitalik Buterin donated $500k worth of NEIRO to an animal shelter. This initial interest led most of the cryptocurrency community to flock towards this token, which has contributed to its growth. However, other meme coin-friendly celebrities have yet to show any interest.

Elon Musk, for instance, hasn’t donated anything yet. Considering his reputation in the cryptocurrency market as the Dogefather, if he participates, we may see more growth in the Neiro ecosystem.

Meme Coin Market Growth

The growth in the meme coin market will also push the value of Neiro. A surge in the Dogecoin price, for instance, could have a positive impact on Neiro.

Furthermore, this factor will also come into play when considering how Neiro is regarded as a legacy token. Therefore, those wanting to invest in meme coins may want to pick Neiro as a way to capitalize on the DOGE phenomenon in the pursuit of growing their wealth.

Charitable Initiatives

Charitable initiatives will also be key in determining how the Neiro token performs. The project has already been designed to attract donations to animal welfare. This altruistic image can attract investors looking to join projects representing good causes. This attribute can help it achieve a high level of growth.

What are the Risks of Investing in Neiro?

Here are some of the key risks of investing in Neiro:

Market Volatility

Since Neiro is a meme coin, it is subject to market volatility. Its price can fluctuate wildly within a short period. While this can represent a good opportunity to generate gains for day traders, for those looking for long-term value, this doesn’t define itself as a valuable asset.

For instance, the token’s current value indicates it is highly overbought. And when the sell-offs begin, the token’s value can touch its all-time lows.

Lack of Utility

Other than directing the profits generated through the sale of the token towards charitable organizations, Neiro does not showcase any utility. The page highlighting the token is minimalistic, with no utility mentioned, not even staking.

With the token’s value largely based on community’s sentiments, it is extremely vulnerable to market downturns. While we may see some use cases emerging as the project generates more interest in the market, in its current state, the token is only a good speculative asset.

Market Saturation

The meme coin market is getting increasingly crowded, with more nuanced meme tokens emerging daily. The arrival of so many tokens of the same nature could cause saturation, leading to a loss of interest. Furthermore, Neiro will also face stiff competition from other meme coins and has to contend with their communities as well.

Multiple Versions of the Same Coin

The “First Neiro on Ethereum” or Neiro CTO is just one version of the token. The other iterations of the same coin were deployed at the same time. These include Neiro ETH, Neiro broPump, and Neiro.lol. Neiro ETH is on Ethereum, but the latter two tokens—Neiro broPump and Neiro.lol—are on the Solana blockchain.

While Neiro CTO won the race due to the instant interest it generated within the community, with time, other iterations of the meme coin could surpass it.

Furthermore, it is also important to look at other tokens, like Neiro Ethereum. Neiro Ethereum has a very interesting website and has dedicated a small manifesto. The graphics alone make it a more beginner-friendly crypto.

The other two tokens can leverage the continued interest in Solana meme coins to increase their value. Simply put, Neiro CTO has a lot of competition, most of it from other tokens with the same name.

Dependence of Community

Since Neiro does not have any utility, its price action is solely dependent on how its community perceives it. While this makes it a good volatile crypto, suitable for those looking for short-term gains, it also means that a lack of standard market fundamentals may push more serious investors out of the equation.

Furthermore, the community Neiro is trying to create doesn’t have many jokes to tell, which means the engagement factor could decrease over time. This could become a major issue for this cryptocurrency in the long term.

Is Neiro a Good Investment Right Now?

Neiro’s price action has given the community a lot of hope. However, it does not take long for community sentiment to take a bearish turn. For instance, CoinMarketCap’s recently installed community sentiment scale has already shown that some investors are more bearish about the meme coin’s future.

Add to that, considering the token is overbought and has the potential to decrease in value at any time, investors should be wary and always look to diversify their investments.

One of the ways they can do so is through Pepe Unchained. Pepe Unchained is the new version of Pepe. While it is not directly associated with the token that led the meme coin mania of 2023, it takes inspiration from that crypto to heart.

Pepe Unchained is defined as a version of Pepe unshackled from the shortcomings of the Ethereum blockchain. Developing its own Ethereum layer 2 solution, Pepe Unchained is said to provide users with better transaction speeds and lower transaction fees while increasing staking rewards.

While Pepe Unchained shares attributes with Neiro, such as taking inspiration from an already existing token, it offers something different. The presence of staking rewards alone makes Pepe Unchained a more suitable alternative to Neiro, since that Doge-inspired token has no utility. This “evolutionary” approach of Pepe Unchained makes it a good investment.

Furthermore, there hasn’t been any meme coin ecosystem with its own blockchain. Pepe Unchained intends to change that. With its own blockchain and a near-open architecture, Pepe Unchained can evolve into a different project altogether, provided crypto developers also start to show interest in this project.

Another key factor that could work in Pepe Unchained’s favor is its tokenomics. By delegating 40% of its total supply to the presale, it has ensured that the community has more control over the project. This could help develop this project further.

And Pepe Unchained introduces all these new features without forgetting about its joke-ish nature, which is one of the reasons investors are drawn to meme coins in the first place.

With the token raising upwards of $18 million in the presale already, people have already started to compare it with Pepe, with figures like ClayBro suggesting that early movers can expect high levels of gains from this project.

Those who wish to learn more about this project and participate can visit pepeunchained.com.

Conclusion – Will Neiro Pump?

Given the current traction that Neiro has been getting, the Neiro price will likely pump in the coming days. However, the reverse is also possible since the market is saturated, and the charts show that the token is already trading in the overbought zone. Furthermore, the lack of any discernible utility can damage its prospects for long-term growth.

Therefore, investors should consider diversifying their investments by investing in crypto ICOs such as Pepe Unchained. While it is similar to Neiro in that an existing meme coin has inspired it, Pepe Unchained is introducing unique fundamentals via its own blockchain. Furthermore, the success of its presale suggests that once it goes live, it may make an explosive debut on cryptocurrency exchanges.

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