{"id":560321,"date":"2024-08-04T13:49:31","date_gmt":"2024-08-04T13:49:31","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=560321"},"modified":"2024-08-04T13:49:31","modified_gmt":"2024-08-04T13:49:31","slug":"neiro-ethereum-price-prediction-neiro-plunges-17-as-pepe-unchained-ico-rockets-past-7-2-million-despite-crypto-crash","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/neiro-ethereum-price-prediction-neiro-plunges-17-as-pepe-unchained-ico-rockets-past-7-2-million-despite-crypto-crash","title":{"rendered":"Neiro Ethereum Price Prediction: NEIRO Plunges 17% As Pepe Unchained ICO Rockets Past $7.2 Million Despite Crypto Crash"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Neiro Ethereum price has plunged 17% in the last 24 hours <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/neiro-on-eth\"><span style=\"font-weight: 400;\">to trade at $0.1518<\/span><\/a><span style=\"font-weight: 400;\"> as of 8:15 p.m. EST on a 24% surge in trading volume to $24 million.<\/span><\/p>\n<p>The slump comes after an earlier parabolic surge, when a flood of Neiro tokens entered the market after the owner of <span style=\"font-weight: 400;\">Kabosu, the late Shiba Inu canine who birthed the Dogecoin meme coin, announced the adoption of a new Shiba Inu dog called Neiro.<\/span><\/p>\n<p>That&rsquo;s caused confusion over which Neiro coin is which and there have been warnings that some, including Neiro Ethereum, could be honeypots.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Beware, biggest <a href=\"https:\/\/twitter.com\/search?q=%24NEIRO&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$NEIRO<\/a> token on Ethereum is a honeypot<\/p>\n<p>It bypasses most automated scan tests but owner is constantly calling AutomatedMarketMaker() with addresses, which modifies the transfer() function, likely blacklisting any new buyers.<\/p>\n<p>Most scans are not detecting this <a href=\"https:\/\/t.co\/HE5H3tEoqt\">pic.twitter.com\/HE5H3tEoqt<\/a><\/p>\n<p>&mdash; Wazz (@WazzCrypto) <a href=\"https:\/\/twitter.com\/WazzCrypto\/status\/1817616169358000157?ref_src=twsrc%5Etfw\">July 28, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The late Shiba Inu dog Kabosu passed away in May, but its Japanese owner <a href=\"https:\/\/x.com\/kabosumama\/status\/1817304824431657271\">announced<\/a> on July 27 a &ldquo;new family member.&rdquo;<\/p>\n<p>NEIRO is now being hit by a broad crypto crash that&rsquo;s seen the meme coin sector&rsquo;s market capitalization plunge 5% to $42.3 billion in the past 24 hours.<\/p>\n<h2><span style=\"font-weight: 400;\">Neiro Ethereum Price Analysis: Bulls Stage A Strong Support Zone Within The Falling Wedge<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">NEIRO indicates a fall after hitting a resistance zone at the $0.2118 level. <a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0x9073d1e814483e3c91e9b4d7b2a81c30b93229b1?utm_campaign=livechart-btn&amp;utm_medium=referral&amp;utm_source=coingecko\">According to GeckoTerminal data<\/a>, the bears applying more downward pressure forcing the bulls to retreat further to the support zone at $0.1285. additionally, the struggle for price control has led to the formation of the falling wedge pattern, which traders look to for bullish continuation trends. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">despite the fall, this support level seems strong, allowing the bulls to regroup and gradually push the price up to the upper trendline of the wedge. if the bulls take full control, they could push the price above the wedge, thereby triggering a bully rally that could catapult NEIRO to a new all-time high.&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-560323 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/NEIRO_USD-UNI-DEXTools.io_2024-08-04_05-35-10.png\" alt=\"Neiro Price\" width=\"1319\" height=\"571\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/NEIRO_USD-UNI-DEXTools.io_2024-08-04_05-35-10.png 1319w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/NEIRO_USD-UNI-DEXTools.io_2024-08-04_05-35-10-300x130.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/NEIRO_USD-UNI-DEXTools.io_2024-08-04_05-35-10-1024x443.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/NEIRO_USD-UNI-DEXTools.io_2024-08-04_05-35-10-768x332.png 768w\" sizes=\"(max-width: 1319px) 100vw, 1319px\"><\/p>\n<p><span style=\"font-weight: 400;\">NEIROUSD Analysis. (Source: Dextools.io)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The NEIRO Ethereum price currently trades below the 50 Simple Moving Average (SMA). However, it is relatively above the 200 SMA, which gives the bulls a chance to drive the price high again. this indicates a positive sentiment and diminishing selling pressure for the Neiro price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) has rebounded from the 30 oversold level after correcting downwards from the 50 midline level. currently at 47 below the 50 midpoint indicates that the buying pressure for Neiro price is high and this might force the RSI upwards to the overbought zone at 70.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the MACD indicator, although still trading below the neutral level, is also rising, supporting the bullish sentiment for Neiro Ethereum, as the increasing bullish bars and a recent crossover above the signal line have boosted bull traders&rsquo; confidence.&nbsp; this means <\/span><span style=\"font-weight: 400;\">there&rsquo;s a high chance it could continue the uptrend, favouring the buyers and shifting momentum back to bullish.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Neiro Ethereum Price Prediction: Bulls Signal A Comeback&nbsp;<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">With support from the technical indicators and moving averages, the Neiro Ethereum price could rally to a new high of $0.2115 in the coming weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bears gain control in a converse case, the price could drop to the support level of $0.1350. Continued downward pressure may lead to a further decline, potentially reaching the upper trendline of the wedge at $0.1315.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">A Promising Alternative<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Given the uncertainty and volatility around the Neiro project, investors might consider diversifying into the layer 2 token <\/span><span style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\">Pepe Unchained ($PEPU),<\/a><\/span><span style=\"font-weight: 400;\"> one of the year&rsquo;s top-performing ICOs that is immune to the meme coin selloff while still in presale.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PEPU distinguishes itself from the original PEPE by having its own native Layer 2 network, thus freeing Pepe from its old, clunky Layer 1 blockchain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It offers investors high speed, scalability, and much lower fees. <\/span><span style=\"font-weight: 400;\">PEPU<\/span><span style=\"font-weight: 400;\">&nbsp;aims to achieve transaction speeds 100 times faster than meme coins on the Ethereum network. Besides its improved transaction capabilities, its Layer 2 chain will include an explorer.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Who&rsquo;s ready for the next stage of Pepe&rsquo;s adventure? &#128640;<\/p>\n<p>A new dimension of Pepe has been unlocked! Join Pepe's Layer 2 now and experience the future. &#128056;&#129504; <a href=\"https:\/\/t.co\/8NGeDIdXUg\">pic.twitter.com\/8NGeDIdXUg<\/a><\/p>\n<p>&mdash; Pepe Unchained (@pepe_unchained) <a href=\"https:\/\/twitter.com\/pepe_unchained\/status\/1806006188800438315?ref_src=twsrc%5Etfw\">June 26, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">PEPU also offers investors an annual staking yield of 278%.<\/span><\/p>\n<p>The 99Bitcoins YouTube channel, with more than 706k subscribers, says PEPU has the potential to lead the next bull market and even become the top meme coin.<\/p>\n<p><iframe title=\"Pepe Unchained Has The Potential To Lead The Bull Market Gains And Become The Top Meme Coin!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/sFSXb5Rh8Cg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">You can join investors who have already pumped more than $7.2 million into PEPU by buying the token for<\/span><span style=\"font-weight: 400;\"> $0.008875. Hurry if you are interested because there will be a price hike in a little more than a day.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Buy PEPU here using ETH, USDT, BNB, or a bank card.<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h2>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/qubic-price-prediction-qubic-plunges-9-but-this-ai-meme-coin-charges-towards-10m-with-time-to-buy-running-out\">Qubic Price Prediction: QUBIC Plunges 9%, But This AI Meme Coin Charges Towards $10M With Time To Buy Running Out<\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e\"><span style=\"font-weight: 400;\">Upcoming Crypto Presales: Unlock Early Investment Opportunities!<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/hamster-kombat-latest-uzbekistan-regulators-say-viral-telegram-game-is-not-illegal\"><span style=\"font-weight: 400;\">Hamster Kombat Latest: Uzbekistan Regulators Say Viral Telegram Game Is Not Illegal&nbsp;<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">PlayDoge (PLAY) - Newest ICO On BNB Chain<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/playdoge.svg\" alt=\"PlayDoge\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>2D Virtual Doge Pet<\/li>\n                                                                                                    <li>Play To Earn Meme Coin Fusion<\/li>\n                                                                                                    <li>Staking &amp; 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