$NEIRO has become the new darling of the meme coin scene over the past week, with its price rising by an astounding roughly 2,000% in just a few days.

Although NEIRO has a market capitalization of approximately US$700 million, its 24-hour trading volume has reached a staggering US$7.8 billion. The ratio of market capitalization to trading volume is indeed very exaggerated. This achievement is largely due to the strong publicity ability of the community, and NEIRO also successfully applied to join the whitelist of Aero, the decentralized exchange (DEX) protocol in the Base ecosystem. These actions show that NEIRO is ready to show off his talents.

As a meme coin, NEIRO is indeed very popular right now. Why? Enthusiasm runs high within the community, and once the hype builds, prices quickly climb. Driven by good news or a sudden burst of market sentiment, the price of NEIRO can quickly reach new heights.

NEIRO also has a distinctive feature, that is, it "rises quickly and falls slowly." This price trend may imply the deep participation and careful planning of major funds behind it. The main funds may absorb chips when the price is low, accumulate them patiently, and then wait until the market stabilizes to significantly increase the market value and currency value. This may be the best time to buy the bottom.

It may not be the best time to buy NEIRO right now. It is recommended to wait for the price to fall back to around $0.0016 to $0.017 before considering building a position in batches.