Neiro Ethereum (NEIRO) has been one of many few shiny spots within the memecoin market lately.
Nonetheless, given the explosiveness of NEIRO’s rally, some buyers really feel they might have missed out.
In the meantime, all eyes are on Base Dawgz (DAWGZ) as a contender to be the subsequent meme coin – and one knowledgeable says it may observe in NEIRO’s footsteps.
Neiro Ethereum climbs cryptocurrency rankings with $205 million market cap
Neiro Ethereum is a sizzling subject within the cryptocurrency market.
It is easy to know why.
The Shiba Inu-inspired coin, which originates from the basic Doge meme, has been on the rise of late.
On the time of writing, NEIRO is Price: $0.203 The market capitalization is US$205 million.
This isn’t simply hype, both – spot buying and selling quantity has exceeded $35 million since yesterday, proving the coin has severe momentum.
Not surprisingly it got here in second place CoinMarketCap’s Trending List.
After all, NEIRO’s journey has not been simple.
It hit an all-time excessive on August 7, leading to enormous returns for early buyers.
Since then, costs have cooled considerably and are about 31% under their peak.
NEIRO has been in Maintain mode over the previous few days because the market contemplated its subsequent transfer.
The massive query is: will Neiro Ethereum live on, or is it simply one other fleeting meme coin?
Is it too late to get into Neiro Ethereum?
So, is it too late to get into Neiro Ethereum?
It is arduous to make cellphone calls.
For one factor, the coin continues to be comparatively new — lower than three weeks previous.
Moreover, NEIRO has a smaller market capitalization in comparison with meme coin giants corresponding to PEPE, DOGE, and WIF.
And it’s not even on main exchanges like Binance or OKX but.
Meaning there’s nonetheless room for progress.
However alternatively, total Meme Coin Market Wanting a bit deflated, NEIRO’s personal rally seems to be cooling off a bit.
Some buyers are beginning to surprise if we’ve seen the coin’s finest days.
Finally, it is arduous to inform whether or not it is too late to spend money on NEIRO.
The coin clearly has potential, however there are additionally important dangers.
Because of this, NEIRO could also be extra appropriate for risk-tolerant buyers who’re snug with the inevitable value swings.
Cryptocurrency Specialists Predict Huge Rise, Primary Dawgz Pre-Gross sales Warmth Up
Along with NEIRO, there may be one other dog-themed meme coin that has additionally attracted consideration.
Meet base dogza brand new coin at the moment within the pre-sale stage.
The multi-chain token has raised $2.9 million in early-stage funding.
DAWGZ is primarily hosted on the Base community, however will also be bridged to blockchains corresponding to Ethereum and Solana.
It additionally contains a share-earning protocol for added rewards, in addition to a complete roadmap for the long run.
The setup sparked curiosity from some large names.
Crypto knowledgeable Clay BrothersThe location, which has 130,000 YouTube viewers, lately posted a video about Base Dawgz.
He believes that DAWGZ’s value may enhance 36x (or extra) as soon as the token hits exchanges.
ClayBro famous that the token rapidly rose in value throughout the pre-sale and was value an enormous quantity Staking rewards Out there to DAWGZ holders.
Finally, he views the token as a high-risk, high-reward alternative.
He predicts that if we see one other bull market within the remaining months of 2024, it’ll actually take off.
If DAWGZ reaches 36x, as ClayBro stated, it’ll generate comparable positive aspects to Neiro Ethereum on the primary rise.
This prospect has the Dawgz base very excited telegram channel.
So whereas this is only one knowledgeable’s opinion, it is clear that Base Dawgz has the meme coin crowd buzzing.
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