Neiro Meme Coin: Everything You Need to Know

Introduction

Neiro, a new meme coin on the Solana chain, is capturing the attention of cryptocurrency market investors and meme coin fans. How can it not with a total trading volume of over $1B in less than 24H? Inspired by a recently adopted dog of the DOGE owner, Neiro has quickly gained traction. Its rapid rise has attracted many from the crypto community and key opinion leaders (KOLs) pumping its price and trading volume. In this article, we bring you all the essential information, including links, quotes, images, and detailed insights about Neiro.

The Story Behind Neiro

Neiro is named after a dog recently adopted by Atsuko Sato, the owner of Kabosu, the Shiba Inu dog whose image became famous as the "Doge" meme. Kabosu passed away last year, and Atsuko Sato shared on Instagram that she had adopted a new dog named Neiro. In her post, she mentions:

"We welcomed a new family member😊 Her name is Neiro, which means 'the color of sound.' She is a 10-year-old former shelter dog🐾 Her past 10 years were filled with hard, fearful, and sad experiences. But from now on, it will be filled with only happiness and fun times. She has started a new happy life✨ Please join me in welcoming Neiro. Thank you for your kindness💓💓"

Welcome to the family Neiro!

A quick cryptocurrency developer created a meme token on Solana for the dog and pumped it to the sky, earning himself a lot of money. This connection to the beloved Doge meme has given Neiro an extra boost from popular culture, making it a trending meme coin.

Market Impact

Many people think that the rise of Neiro has impacted the meme coins cryptocurrency market, causing a shift in capital from other meme coins. Notably, popular coins such as MIGGLES, BILLY, RETARDIO, MEW, and POPCAT have experienced substantial declines. The influx of investment into Neiro has led to significant trading volume and interest.

Other Meme Coins Market Performance

• MIGGLES: Down 32%, currently at $0.05264
• BILLY: Down 25%, currently at $0.1322
• RETARDIO: Down 23%
• POPCAT: Down 9%, currently at $0.8129

Trading Volume

Neiro has achieved impressive trading volumes across various exchanges. As of July 28, 2024, it traded more DEX volume combined in the last 24 hours than any individual Ethereum Layer 2 chain. According to the time of this specific report, $NEIRO coins had a combined 24H volume of $942M!

An even earlier report by Binance News had a breakdown of the trading volume:

• Solana Chain Neiro:
  • Price: $0.05382
  • Volume: $429.4 million
  • Increase: 74,948%
• Solana Chain Neiro (Variant):
  • Price: $0.01483
  • Volume: $194.2 million
  • Increase: 20,359%
• Ethereum Chain Neiro:
  • Price: $0.00001056
  • Volume: $20.6 million
  • Increase: 96,003%

Exchange Listings

Some exchanges are riding the waves of the trends and are listing the token:

1. MEXC Global

• Trading Pair: NEIRO/USDT
• Deposit: Opened
• Trading: Started on July 28, 2024
• Withdrawal: Available from July 29, 2024

2. LBank

• Trading Pair: NEIRO/USDT
• Zone: MEME Zone
• Deposit: Opened
• Trading: Started on July 28, 2024
• Withdrawal: Available from July 29, 2024

3. Gate.io

• Trading Pair: NEIRO/USDT
• Trading: Started on July 28, 2024

Key Features of Neiro

• Blockchain: Solana
• Ticker: NEIRO
• Contract Address: CTJf74cTo3cw8acFP1YXF3QpsQUUBGBjh2k2e8xsZ6UL
• Twitter(X) Profile: @neirosol

Developer Insights

The developer of Neiro has made significant profits from this meme coin. According to Lookonchain, the developer turned an investment of 3 SOL (approximately $552) into a profit of 15,508 SOL (approximately $2.85 million). This big gain underscores the high volatility and potential profitability of meme coins like Neiro. However, developers hold significant chunks of the token, and caution is needed as they might try to cash out.

Who is the Real Neiro Coin?

There seems to be two big market cap Neiro meme coins with two different communities.
The first to launch the original token was @neirosol and their Neiro token has a trading volume of $611M at the time of writing. The second to launch a Neiro token a few minutes after was @NeiroSolanaDoge, and their Neiro token has a trading volume of $360M which is a bit more than 50% of the original. Even though their token is smaller they hold Twitter Spaces hosted by KOLs to further boost its popularity. It's time to put all the information on the table and check out Neiro, the new meme coin.

Conclusion

Neiro has gained substantial attention in the meme coin market due to its unique story and significant market activity. With notable exchange listings and high trading volumes, Neiro continues to draw investors. However, as with all meme coins, potential investors should be cautious due to the inherent volatility and the risks of developers holding large amounts of tokens potentially cashing out. Stay informed about market trends to make well-informed investment decisions.