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The Neiro Ethereum price plunged 14% in the last 24 hours to trade at $0.2321 as of 00:40 a.m. EST, with trading volume dropping 18% to $39 million.
From its launch on July 28, Neiro Ethereum has continued to surge to the top of the meme charts and is now the 17th largest meme coin by market capitalization.
Can Neiro Ethereum continue with this momentum to push into the top 10 meme coins list?
Neiro Ethereum Price Aims For A Continued Rally
The Neiro Ethereum price has been on a tear since its launch, soaring to 4,273% to the current price, according to data from GeckoTerminal.
Although NEIRO experienced a slight dip on Aug. 2, pushing the price down to the $0.09 support, the bulls have shown resilience. The Neiro Ethereum price bulls have been able to push the price through a markup phase and within a rising channel pattern.
Optimistic investors aim to capitalize on the pattern to push the price through a sustained bullish rally.
NEIRO still trades above the 50-day Simple Moving Average (SMA), which supports the bullish sentiment.
However, the Relative Strength Index (RSI) trades down, currently at 53, which suggests that earlier investors may be booking profits. This coincides with the current price drop below the lower boundary of the channel.
According to the Neiro Ethereum price analysis on the 4-hour chart, the token is in a sustained bullish trend, which will continue if the bulls capitalize on the rising channel pattern.
If the momentum continues, the price of Neiro Ethereum could soar above the channel, as the bulls target $0.40.
However, the RSI shows that investors are now selling. If this continues, NEIRO could plunge to the immediate support zone at $0.189 (50-day SMA).
While the Neiro Ethereum price bulls search for more buying signals, the PlayDoge (PLAY) presale is attracting more investors, as it promises massive gains after its launch.
According to Jacob Bury, a prominent crypto analyst on YouTube, $PLAY has the potential to soar 10X after its imminent launch.
PlayDoge ICO Presale Hurtles Past $6 Million – Best Alternative To Buy Now?
The PlayDoge presale continues to gain traction in the crypto space. As its ICO explodes, it has so far raised $6 million.
PlayDoge combines the iconic Doge meme with the beloved Tamagotchi game from the 90s, creating a fun virtual gaming experience where players play to earn the game’s native token, $PLAY.
Don’t ghost your #Doge or it’ll die 👻
Feed your Doge, earn rewards, and level up. No mazes, just fun!#Presale has launched! 🙌#PlayDoge #P2E #Memecoin pic.twitter.com/Fp2sFwycpj
— PlayDoge (@PlayDogeGame) May 31, 2024
With PlayDoge integrating P2E mechanics, players will be able to earn rewards by caring for their pets and taking them on adventurous journeys.
The project operates on the BNB Chain, which ensures transaction efficiency and the seamless integration of gaming activities.
Apart from earning rewards through P2E, $PLAY holders can also earn passively by staking $PLAY for an impressive annual percentage yield (APY) of 77%.
You can buy $PLAY tokens for $0.00527 each. With a price hike coming in 24 hours, don’t wait around too long if you want to lock in the best deal.
Purchase $PLAY from the official website here using BNB, USDT, or a bank card.
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