Release: 2024/10/08 00:01 Reading: 460
First Neiro On Ethereum (NEIRO) Surges 50%
First Neiro On Ethereum (NEIRO) has surpassed its multi-week descending trendline, leading to a 50% rally on Monday.
NEIRO Reaches New High
NEIRO reached a new all-time high today, with a market capitalization of $660 million. Its 24-hour volume has increased by over 350% to $1 billion, primarily driven by Binance.
NEIRO Price Predictions
Predictions for NEIRO range from $750 million to $1 billion. However, there are questions about whether it is the best meme coin investment given the numerous options available.
Whales Favor Other Meme Coins
Whales are showing greater interest in large-cap meme coins such as Pepe, Popcat, and Dogwifhat. Low-cap projects like Moo Deng, Crypto All-Stars, and Pepe Unchained are also gaining popularity due to their potential upside.
NEIRO Price Outlook
NEIRO rallied over 3500% after its Binance listing, but has since been consolidating within a descending trendline. The recent breakout of this trendline has triggered an explosive rally.
With a healthy Relative Strength Index (RSI) of 73.8, investors remain optimistic about NEIRO's bullish continuation. Analyst TraderSZ predicts a short-term surge to a $750 million market cap, possibly followed by a climb to the billion-dollar club.
However, NEIRO's bullish scenario could be challenged by a breakdown below $0.00118. Bitcoin's price action, particularly in light of the upcoming CPI report, will also influence NEIRO's trajectory.
Best Meme Coin Investment
While NEIRO remains a promising long-term investment, it is no longer a low-cap gem. Investors might consider new coins with higher upside potential, such as Moo Deng or Pepe Unchained.
Pepe Unchained (PEPU) has garnered significant whale interest in its presale, nearing the $18 million mark. It offers utilities such as low trading costs, instant transactions, and passive income through staking. Conservative price projections indicate potential 10x growth after its launch.
Crypto All-Stars (STARS) features a multi-token staking model that generates attractive passive income. It has raised $2 million in its presale and offers secondary staking with an APY of over 700%. Investors aim for potentially high returns on STARS.
Disclaimer: This article is sponsored and for informational purposes only. It does not constitute investment advice.
We are building the most influential,trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com