🐶 What is the NEIRO coin?
NEIRO is a digital currency inspired by "meme" culture, launched on the Ethereum network in August 2024. NEIRO is a tribute to the dog "Neiro," adopted by the same woman who owned the famous dog "Kabosu," the inspiration for the Dogecoin currency. NEIRO is characterized by its focus on community and charitable work, being fully managed by the community and supporting animal shelters.
📊 Current performance and technical indicators
Current price: Approximately $0.001169.
50-day moving average (SMA50): $0.000932.
200-day moving average (SMA200): $0.002616.
Relative Strength Index (RSI 14): 53.82 – indicates a neutral state.
Fear and Greed Index: 59 – indicates moderate greed in the market.
Volatility: 23.41% over the last 30 days.
Days of increase: 19 out of 30 days (63%).
📈 Future forecasts
🔹 Short-term forecasts (until June 2025)
Expected price: Could reach $0.003887, an increase of approximately 229.11% from the current price.
Potential return: Investing $1,000 today could turn into about $3,790.24 in 37 days, according to current forecasts.
🔹 Medium-term forecasts (until the end of 2025)
Expected price range: Between $0.005 and **$0.015**.
Potential return: Could reach 1,000% during the expected bull market in 2025-2026.
🔹 Long-term forecasts (until 2030)
Expected price: Could range between $0.01 and **$0.02**, with the potential to reach $0.06 in optimistic scenarios.
⚠️ Risks and warnings
Market volatility: NEIRO is classified as a "meme" coin, making it prone to sharp and unpredictable price fluctuations.
Lack of transparency: The project has faced criticism for lack of transparency and a roadmap, raising concerns among investors.
Influencer impact: The currency experienced volatility due to influencers promoting and selling their shares, affecting community confidence.
🧠 Suggested trading strategies
For short-term investors:
Monitor the aforementioned support and resistance levels.
Use stop-loss orders to reduce risks.
For long-term investors:
Investing small amounts and distributing purchases over different time periods (DCA).
Regularly follow project news and community updates.
🧾 Summary
NEIRO offers an exciting investment opportunity, especially for fans of "meme" coins and community projects. However, caution is advised due to high volatility and associated risks. Independent research and consulting experts are recommended before making investment decisions.