$NEIRO
Based on available information, "Neiro" (NEIRO) is essentially a meme coin inspired by the famous Shiba Inu dog "Kabosu," who is behind the "Doge meme." Although classified as a meme coin, some sources suggest it has some use cases that go beyond traditional meme coins, such as supporting decentralized applications (DApps) and staking.
Neiro exists on multiple blockchain chains, including Ethereum and Solana. The version on Ethereum (First Neiro On Ethereum) is a community-driven currency with a fixed token supply and does not impose transaction fees. It also focuses on supporting charitable causes, such as donations to animal shelters.
Technical analysis and current situation (as of May 21, 2025):
* Current price: The price of NEIRO is approximately $0.000526 per NEIRO / USD.
* Market cap: The market cap of Neiro is approximately $221.23 million, making it rank around 284 in terms of market capitalization.
* 24-hour trading volume: The trading volume was about $205.89 million, down nearly 27% from the previous day, indicating a recent decline in market activity.
* All-time high (ATH): Neiro reached its all-time high of $0.003018 on November 12, 2024 (about 6 months ago), and it is currently trading 82.27% lower than that peak.
* All-time low (ATL): It reached its all-time low of $0.00000000016365 on January 13, 2025.
* Technical indicators:
* The Relative Strength Index (RSI) is in the neutral zone (30-70), indicating that the price is trending neutrally.
* The 200-day moving average for Neiro has been trending downward since April 20, 2025, indicating a weak trend and may act as "resistance" if the price interacts with it again.
Factors influencing the price of Neiro:
* Memecoin Community: As a meme coin, the price of Neiro is significantly affected by community enthusiasm, social media hype, and trends. Positive developments in its online community can lead to rapid gains.
* Adoption and use cases: While classified as a meme coin, any development or adoption of real use cases (such as DApps support or staking) could positively affect its value in the long term.
* Circulating supply: The circulating supply of NEIRO is about 420 billion tokens, a large number that could impact the price per token.
* Platforms and trading: NEIRO is traded on centralized exchanges like Binance, Bitget, and Gate. The trading volume and liquidity on these platforms affect the price's ability to move.
* General market sentiment: Neiro, like any other cryptocurrency, is influenced by the broader market sentiment for digital currencies, including Bitcoin and Ethereum movements.
* News and developments related to Kabosu: Any news or events related to the Shiba Inu dog "Kabosu" itself may also affect meme coins inspired by it, including Neiro.
Future price predictions for Neiro:
Expectations for Neiro vary widely, which is common with meme coins due to their high volatility. However, some predictions from various sources can be summarized:
* Short term (coming days - 30 days):
* Some predictions suggest that Neiro may see a 5% increase in the next thirty days, reaching approximately $0.000528.
* Expected daily prices in the coming days may range between $0.000534 and $0.000694.
* Mid-term (2025 - 2026):
* Some expect the price of Neiro to range between $0.000538 and $0.000627 by the end of 2025.
* Other predictions suggest it could reach $0.00472 in 2024 (according to previous forecasts), with a minimum of $0.00199 and an average of $0.00409 in 2025.
* In a neutral scenario, the price could reach around €0.000536 by the end of 2025.
* For the year 2026, the price could reach €0.000618.
* Long-term (2030 and beyond):
* More optimistic predictions suggest that Neiro may reach $0.0229 by 2030.
* Other predictions for 2030 range from $0.0197 (minimum) to $0.0237 (maximum), with an average of about $0.0203.
* There are even very optimistic predictions for 2040 suggesting a price range between $1.68 and $2.00. However, these long-term forecasts should be treated with extreme caution.
Is Neiro a good investment?
Like all meme coins, investing in Neiro carries very high risks.
* Risks:
* Extreme volatility: Meme coins are known for their very high volatility, and can experience sharp rises and rapid declines.
* Lack of strong fundamentals: Despite some mentioned use cases, meme coins often lack strong technological fundamentals or inherent utility compared to more established cryptocurrencies. Their value heavily relies on hype and community.
* Regulatory risks: Changes in regulations related to digital currencies in general, and meme coins in particular, can impact Neiro.
* Security risks: Although Neiro exists on a trusted blockchain like Ethereum, there are always general security risks in the cryptocurrency space.
* Potential opportunities:
* Quick gains: If the currency gains significant momentum in the memecoin community, it could yield quick gains for early investors.
* Strong community: An active and enthusiastic community can drive the currency forward and create positive hype.
Summary:
Neiro is a relatively new meme coin with high volatility. Its value heavily depends on its community and market sentiment. While some predictions indicate potential growth, it comes with very high risks. Investors considering Neiro should be prepared to lose their entire investment. Conducting thorough research (DYOR) and understanding the highly speculative nature of meme coins before making any investment decisions is essential. It is advisable to allocate only a small portion of the portfolio to high-risk investments like Neiro.