The crypto neighborhood could witness the start of the subsequent cryptocurrency Dogecoin Following the current announcement of the much-loved Kabosu proprietor. This led to the launch of a number of meme cash, one in every of which appeared notably appropriate to hitch “billion dollars‘Membership.
Kabosu proprietor will get new Shiba Inu
owner of kaposu (also referred to as Kabosu Mama) introduced in X (previously Twitter) postal She bought a brand new Shiba Inu named “Neiro”. This instantly caught the eye of the crypto neighborhood, contemplating kabosuHe, who died in Could, impressed the creation of a very powerful meme coin, Dogecoin, and several other different dog-themed meme cash.
Likewise, Mama Kabosu declares her new Shiba Inu This instantly led to the launch of a number of “Nairo-themed” meme cash. A whole bunch of Neiro tokens have been rapidly deployed on Solana Chain Via the token generator Pump Enjoyable, the market cap of those tokens is roughly thousands and thousands of {dollars}.
Nonetheless, amidst all of the noise and buying and selling quantity, Neiro Token is Ethereum chain Already stand out. It has the very best market cap amongst all Neiro-themed tokens on all chains. based on data In line with information from DEX Screener, the Neiro token on Ethereum at the moment has a market capitalization of roughly $109 million. on the identical time, Top Ranked Neiro Tokens The market worth is roughly US$37 million.
Is Neiro the subsequent Dogecoin?
ETH Neiro’s market capitalization rapidly exceeded $100 million, and folks predict that this meme coin could change into the subsequent Dogecoin. The crypto neighborhood appears inclined to contemplate Neiro a alternative for Kabosu (which impressed Dogecoin), as the previous was adopted after Kabosu’s demise. Neiro can also be thought-about the “sister” of Kabosu, which is why it’s believed that the Neiro token can replicate the success of DOGE.
Consistent with this, crypto analysts like Jack Gargan have suggestion ETH Neiro’s market capitalization might simply attain $1 billion or extra. As a result of saturation of Neiro tokens on the Solana chain, ETH Neiro was additionally declared the “clear winner” amongst all Neiro-themed tokens.
This creates a transparent path for ETH Neiro to hitch the “billion greenback” meme membership, whereas liquidity is shared between completely different Solana Neiro tokens. Nonetheless, ETH Neiro suffered some FUD Blockchain analysis tool Bubblemapswhich disclose The coin’s provide is tightly managed, with 78% of the availability reduce off at launch. Nonetheless, ETH Neiro holders seem like undeterred and have seen how the Meme coin has since reached new all-time highs (ATH).
If ETH Neiro finally reaches a $1 billion market cap, it would be a part of Dogecoin, Shiba Inu(SHIB)Bonk (BONK), Dogwifhat (WIF) and FLOKI As the one dog-themed meme coin, it has a market capitalization of 1 billion US {dollars}. On the identical time, it would change into the third dog-themed token on Ethereum to attain this standing, following Shiba Inu and FLOKI.
Featured picture created utilizing Dall.E, chart from Tradingview.com
