What is Neiro Memecoin?
Neiro is a meme coin project inspired by the dog Neiro, adopted by a user named Kabosumama on the social network X. Kabosumama is well-known as the owner of Kabosu, the famous Shiba Inu dog that inspired the creation of Dogecoin.
According to Kabosumama, the name “Neiro” means “the color of sound,” symbolizing a message of joyful and positive living.
Key Highlights of the Neiro Memecoin
After Kabosumama announced the adoption of Neiro, numerous meme coin projects with the same name emerged, particularly on the Solana and Ethereum networks. However, these projects are not related to each other.
Neiro has captured the community’s attention by claiming to be “the sister of the OG Doge,” with the goal of continuing Dogecoin’s success. According to data from CoinGecko, Dogecoin currently has a market cap of over $14 billion, leading the meme coin market. This has fueled the community’s interest in Neiro.
After Atsuko Sato, Neiro’s owner, announced the adoption on X, several Neiro-themed meme coins were launched on various blockchains. Most notably, NEIRO on Ethereum was created just 76 minutes after Sato’s tweet and quickly became the largest meme coin in terms of market cap, reaching $221 million and ranking 220th on CoinMarketCap’s market cap rankings.
Before the launch of NEIRO on Ethereum, many other NEIRO-named meme coins appeared on different chains, with NEIRO on Solana being one of the earliest. However, a debate arose over whether to choose the NEIRO with the highest market cap or the one created first. Eventually, NEIRO on Solana quickly faded, making way for NEIRO on Ethereum.
According to data from DEXScreener, NEIRO on Ethereum offered a whitelist presale for some wallets before its official release. The project also airdropped 4% of the total token supply to Vitalik Buterin, the founder of Ethereum. However, according to Bubblemaps, 78% of the total token supply of NEIRO on Ethereum was purchased by 80 wallets within just 11 minutes of its launch, raising suspicions of internal manipulation. From August 5, 2024, NEIRO Ethereum insiders began dumping tokens, netting around $500,000 per day, while Vitalik Buterin also started selling off his airdropped tokens.
Similar Projects
Neiro is a meme coin project similar to DOGE and Shiba Inu.
What is NEIRO Token?
After learning about the Neiro Memecoin, let’s explore three key aspects of the NEIRO Token before investing!
Basic Information about NEIRO Token
- Token Name: Neiro
- Token Symbol: NEIRO
- Blockchain: Ethereum
- Smart Contract: 0xEE2a03Aa6Dacf51C18679C516ad5283d8E7C2637
- Price: $0.1 (as of August 27, 2024)
- Market Cap: $100 million
- Total Supply: 1,000,000,000 NEIRO
All NEIRO Tokens have been fully allocated and unlocked.
Purpose of NEIRO Token
NEIRO is purely for entertainment purposes and does not have any specific utility.
Where to Trade NEIRO Token
Currently, NEIRO is being traded on several major exchanges, including Bybit, OKX, and Bitget.
Conclusion
Neiro is one of the newest meme coin projects, garnering significant attention from the crypto community due to its connection to the Dogecoin story and its appealing market elements. However, investors should carefully consider their involvement in such projects.
This concludes our introduction to NEIRO and NEIRO Token. If you have any questions, please leave a comment, and we’ll be happy to answer them!
