NEIRO, the meme coin dubbed Dogecoin’s successor, surged 50% in the last 24 hours, hitting a new all-time high of $0.001446.
Meme coin NEIRO, which is being hailed as the successor to Dogecoin, has seen a significant boost of fifty percent in the past 24 hours. As a result, we can expect a renewed meme frenzy in the market. While the price of NEIRO is currently trading at its new all-time high, it is currently trading around $0.001446.
NEIRO Price Surge Amid Strong Whale Activity
This is occurring in the midst of massive bullish whale activity. The price has recently experienced a rise, following significant whale activity and accumulation from the wallet rektdolphin.eth, which exchanged a total of 190.5 billion PEPE coins and 6 ETH for a total of 1.466 billion $NEIRO.
In summary, the whale’s purchases totaled $1.8 million in NEIRO coins. The trader has already made a profit of almost 20 percent, or $334,000, amidst the current price rise, according to statistics from SpotonChain.
During the period beginning on August 15 and ending on September 26, this particular whale performed three trades in NEIRO, resulting in a net profit of $824,000 and a win rate of 66.7%.
However, despite the fact that its market valuation is still under one-tenth of that of the larger coin, another version distributed on Ethereum has also experienced a 12% growth over the course of the past twenty-four hours.
During the previous week, Vitalik Buterin exchanged a total of 70.72 NEIRO meme coins for ETH, and he also donated the revenues to the Tornado Cash developers. The coin whale activity has been on the rise since the middle of September, which has caused the price to increase by 1,300% on the monthly chart.
Additionally, the daily trading volume for NEIRO has increased by 287%, reaching in excess of 4700 million. As a result of this new discovery, the meme coin market at large has experienced a significant rally today.
Although some of the most prominent players, such as Dogecoin (DOGE) and Shiba Inu (SHBI), have experienced a rise of 5% and 7%, respectively, other players, such as Dogwifhat (WIF), Pepe Coin (PEPE), and BONK, have experienced increases of 12-20% apiece.
In addition, several powerful technical indicators point to a 50 percent increase in the price of PEPE during the month of October. Following a period of consolidation over the course of the third quarter, the market is once again experiencing demand for meme cryptocurrencies, with top meme coins once again leading the push.
Watching NEIRO become the next industry leader will be fascinating. As the successor to Dogecoin, this humor coin with a dog theme offers itself as the best option.
Using the Ethereum blockchain as its foundation, Neiro intends to create an environment that is both entertaining and participatory for its users, all the while maintaining its commitment to philanthropic causes, particularly those that promote the welfare of animals. Particularly after receiving a lot of attention from the community, the concept is gaining traction in the cryptocurrency space.Â
