First Nero on Ethereum (NEIRO), seen as the successor to Dogecoin, has surpassed one billion dollars in market value.
The owner of Dogecoin recently named his new dog. Neuro He explained that he had put. With this development, many memecoins were created with the same name. Specifically Solana And those on the Ethereum network managed to stand out. But we can say that the only one that managed to come out was the first Nero on Ethereum. BitcoinThe token, which grows with ATH and memecoin’s craze, exceeded a billion dollar market value.
NEIRO came up with the memecoin craze
Crypto investors wonder which memecoin will mark the next bull season. Many believe that POPCAT, WIF, and NEIRO will dominate the altcoin rally. First Nero on Ethereum, which trades at $0.002408 as of writing, has a market cap of $1.01 billion. The trading volume in the last 24 hours is $904.90 million. The data in question shows demand for equity and an upward trend.
Factors such as the continuation of Memecoin’s craze or the decline of Bitcoin’s dominance could push the token’s price higher. An important factor that investors should pay attention to is the relationship between Dogecoin and Elon Musk. Popular traders, who have been sharing about Dogecoin on social media lately, pushed the price to higher levels. Equity expectations may rise if DOGE continues its rise.
A cryptocurrency analyst known as TraderSZ on X (formerly Twitter) drew attention to the structure of the pair’s chart. Noting that the correction in parity only lasted for two days, TraderSZ used the phrase “only in the warming-up phase” for the popular memecoin. Furthermore, the analyst who described NEIRO as Doge 2.0 surprised his followers.
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.
