Can NEIRO Create Millionaires in 2024? NEIRO Price Analysis
Meme Coins
NEIRO
Presale
The rise of $NEIRO, a meme coin, has been nothing short of remarkable. It has quickly climbed the ranks to become one of the top ten meme coins. But the burning question is: can it continue its upward trajectory and make millionaires?
Updated: October 15, 2024, 12:42 EDT
Ethereum’s hottest contender to Dogecoin ($DOGE), Neiro ($NEIRO), has recently reached a new all-time high, securing its spot as the tenth largest meme coin by market capitalization.
So, how much further can this token, which is just three months old, go?
Neiro reached an impressive high of $0.002259 today before experiencing a 12% pullback in the past six hours.
Over the past 24 hours, Neiro’s performance has mirrored that of the original meme coin, Dogecoin. While Dogecoin grew by 0.7% and traded at $0.1158, Neiro saw a 0.4% increase, reaching $0.002021 at the time of writing.
This means that Neiro is one of the better-performing coins in the top ten today, but its gains have been diminishing over time. In comparison, Turbo ($TURBO) skyrocketed by 99% in the past week, and SPX6900 ($SPX6900) experienced a staggering 55% increase.
Shiba Inu ($SHIB), Dogecoin’s original challenger, has only seen minimal losses of 0.5% in the intraday market. However, it is the worst performer among the top ten meme coins over the past week, with gains of just 4%.
The question remains: can Neiro still make millionaires?
Neiro’s developers made a splash by airdropping 4% of the supply to Ethereum creator Vitalik Buterin on August 4. At the time, this was worth around $130,000. However, Buterin sold all of his NEIRO tokens.
Despite this, NEIRO has consistently rallied and is now approaching its all-time high. It seems to have found strong support around the psychologically significant threshold of $0.0020.
The token faced significant resistance at $0.0013 towards the end of September. In October, it experienced a decline that bottomed out at $0.00086 on October 3, indicating that the token has strong support around the $0.001 mark.
Neiro’s relative strength index (RSI) is currently at 45 and falling, which is a bullish sign. It suggests that the market is valuing Neiro well, even though it is at its highest point so far.
From Neiro to Flockerz: Meme Coin Winter Has Arrived
While Neiro may show promise, the market is already saturated with five leading doge meme coins. This raises the possibility that Neiro may only be a passing trend.
However, the world of micro cap meme coin ICOs is witnessing the launch of many new meme coin species. One such offering is Flockerz ($FLOCK), a new vote-to-earn (V2E) meme coin.
Flockerz launched its presale last month and has rapidly raised over $712,000. It positions itself as “The People’s Meme Coin,” offering lucrative staking rewards and community-building incentives to crypto enthusiasts.
But what exactly is “vote-to-earn,” and how does it work?
Holders of Flockerz, known as “The $FLOCK,” play an integral role in a decentralized autonomous organization (DAO) called Flocktopia. Within this community, members of The Flock have the power to propose and vote on governance and improvement initiatives.
This structure ensures that all important decisions are made through community consensus, rather than by a centralized authority.
Flockerz incentivizes frequent community engagement by rewarding voters with $FLOCK tokens. This aligns everyone’s interests and increases the chances of the project’s success.
These aspects make Flockerz a stronger meme coin community compared to Neiro.
A quarter of Flockerz’ 12 billion $FLOCK token supply is dedicated to staking. The protocol offers eye-watering yields of 2,426% for tokens locked up over a two-year staking period.
Flockerz is a transparent and fully audited project. Coinsult audited its smart contract to provide investors with peace of mind.
Furthermore, Flockerz is planning to list on both centralized and decentralized exchanges (CEXs and DEXs). The vote-to-earn mechanism will be launched after the listings.
Hold on tight, because $FLOCK is ready to take flight!
Join now and follow Flockerz on X and Telegram.
Visit the Flockerz Presale Website for more information.
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Disclaimer: Cryptocurrency is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. You could potentially lose all of your capital.
