NEIRO Surges 202% in a Month Amid High Volatility and $180M Trading Volume Milestone

NEIRO (Neiro) has shown notable volatility and strong upward momentum over the past month, with a 202.62% increase, although the most recent 24-hour period saw a price decline of approximately 6.1% to $0.00019523. Trading volumes remain significant, with daily figures ranging from $22.7 million to $180 million USDT, and the token’s market capitalization stands at $81.87 million, ranking it #494 among cryptocurrencies.

The recent short-term price decrease appears to follow a period of rapid gains and heightened trading activity, which may have prompted profit-taking and increased volatility. Social media reports of liquidations, such as a $9,901 NEIRO/USDT long position at $0.00042, indicate leveraged trading activity and contribute to price swings. Despite the short-term dip, analyst sentiment remains generally optimistic, with projections of further gains, though the market continues to be influenced by broader crypto trends and external macroeconomic factors. All NEIRO tokens are currently in circulation, which may also impact trading dynamics and price behavior.