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The First Neiro On Ethereum price surged 154% in the last 24 hours to trade at $0.00002574 as of 4.20 a.m. EST on trading volume that surged 243% to $8.9 million.
The pump came after Ethereum’s co-founder Vitalik Buterin sold a 17 billion chunk of a NEIRO coin that was airdropped by its developer, apparently to help boost its profile.
That all came amid massive confusion in the community over the identity of the coin at issue after a huge number of NEIRO tokens launched since last week.
The launches came after the owner of Kabosu, the late Shiba Inu canine who birthed the Dogecoin meme coin, announced the adoption of a new Shiba Inu dog called Neiro.
A Coin Telegraph article on the development was refuted by NEIRO, leaving most in the community none the wiser as to what had happened.
Severe lack of journalistic judgment from the @Cointelegraph article.
1) We did not "attempt to gain credibility on Aug. 4, after airdropping 4% of its supply to the Ethereum co-founder to claim he was the largest holder." We did not airdrop anything. Those tokens were…
— Neiro on Ethereum (CTO) (@neiroethcto) August 5, 2024
First Neiro On Ethereum Price Prediction
The NEIRO token’s situation has seen a lot of confusion over the last few days. With the original developer’s rug pull and the community taking over, the media allegedly getting the story wrong, and all the volatility that followed, the Neiro Ethereum price has been anything but predictable.
With that said, many are still wondering what to expect from the project in terms of its short-term value.
Since the community took over the project, the First Neiro on Ethereum price has seen a massive price boost, especially in early Monday morning.
However, the project also encountered uncertainty and some resistances, claiming that platforms like DEXTools are boycotting it, and refusing to put the project on the trending list despite its success.
The project has had a controversial start, and so far, its price history has been quite short, making it difficult to accurately predict what might happen next. However, it is now fully backed by the community which seems determined to fight for the success of the underdog, meaning that NEIRO could see its price skyrocket in hours to come.
First Neiro On Ethereum Price: A High-Risk Investment
At the very least, the project is definitely gathering massive attention, and being talked about is one of the best ways to attract money, as well. While it should be considered a high-risk investment, there is no denying that it represents a major opportunity.
Just keep in mind that there is no way to predict how the situation will unravel, so anyone who decides to buy is doing it at their own risk.
Promising Alternatives To NEIRO
Amid the uncertainty over the NEIRO outlook, investors may be wise to consider as an alternative other coins with strong upside potential. One such candidate is the Olympics-inspired token called The Meme Games (MGMES).
Influential crypto YouTuber Jacob Bury says this project might be the next 10x meme coin when it launches.
The Meme Games (MGMES) is running crypto’s version of the Olympics in which athletes are the iconic meme characters Dogecoin, Pepe, Dogwifhat, Turbo, and Brett.
These meme coin titans compete in various games, and fans and supporters can make wagers if they feel confident about who is going to win.
The Meme Games presale has already raised $338k, and it’s picking up pace. Its token, MGMES, sells for only $0.0091, and can be bought with ETH, USDT, BNB, or a credit/debit card.
With a price hike coming in less than 2 days, buy before then to secure the best deal.
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