Since being listed on Binance, Neiro (NEIRO) has seen impressive increases in trading volume, price volatility, and accumulated volume. This comes as the market capitalization returns to green following a week of anticipation for interest rate news from the Fed.
NEIRO – Meme Coin of September with Multiple New Records
Neiro, a meme coin with a very small market capitalization of only $15 million, caused significant debate within the community upon its Binance listing. However, this move highlights the exchange’s current priority towards meme coins. The fact that NEIRO’s market cap surged to over $400 million just 3 days after listing is evidence that the community remains enthusiastic about meme coins, especially on Binance.
Just 3 days post-listing on Binance, NEIRO achieved several milestones:
- Daily trading volume, previously around $4-5 million before listing, soared to $800 million, ranking 15th in the market. The 24-hour trading volume/market cap ratio reached nearly 200%.
- From a low-cap meme coin, NEIRO transformed into a Mid Cap Altcoin within days. In the world of meme coins, its daily trading volume surpassed DOGE and was second only to PEPE, albeit not significantly different.
- NEIRO’s market cap skyrocketed over 2600% from $15 million to over $400 million.
Currently, NEIRO is trading at $0.0009 USD with no signs of correction. Additionally, NEIRO has risen to the top 4 in searches on Binance, just behind Bitcoin, Solana, and ETH. NEIRO’s price is predicted to potentially reach higher levels as the market shows signs of recovery following the Fed’s interest rate decision.
Prediction NEIRO Price
According to general surveys, investors still expect NEIRO’s price to increase for several reasons:
- NEIRO’s trading volume surpasses DOGE’s, yet DOGE’s market cap remains nearly 4 times higher than NEIRO’s. This discrepancy leads many holders to believe NEIRO’s price won’t settle around $0.0009 USD but could go above $0.003 USD. Increasing volume alongside price indicates strong accumulation activity.
- Not only retail investors but also large investors are bullish on NEIRO. On-chain data from Spot shows a buyer at 0x761 swapped 1,002.73 ETH ($2.31 million) for 2.568 billion NEIRO when the price was still high at $0.0008 USD, indicating confidence in future price increases.
- First Neiro on Ethereum’s official website indicates ongoing efforts to list NEIRO on new exchanges (like HTX, Bitmart, OpenOcean, Phemex…) and expand collaborations to add more use cases (like ZIGChain cards). Beyond Binance, trading on new exchanges will increase liquidity and drive prices higher.
NEIRO’s price structure shows no signs of decline, with predictions that it may trade sideways around $0.0008 – $0.0009 USD for a while due to profit-taking pressures from previous profitable investor groups, followed by potential further increases.
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