Topics Memes

Neiro CTO (NEIRO): Leading the Meme Coin Revolution on Ethereum

Beginner
Memes
Explainers
Altcoins
Oct 17, 2024

Even after the passing of the internet-famous dog, Kabosu, the face of Dogecoin (DOGE) (the top meme coin by market cap), the crypto community was quick to find her successor, Neiro (NEIRO). While a slurry of Neiro tokens were immediately created following the news of Kabosu's owner adopting a rescue dog named Neiro, Neiro CTO has emerged as the top leading Neiro crypto meme coin by market capitalization, after it was listed on Binance in September 2024. It created a 76,000% return for investors who bought Neiro early. The rise of Neiro CTO also coincides with a larger upward trend across the cryptocurrency market during the month fondly known as "Uptober" by the crypto world.

Key Takeaways:

  • Neiro (NEIRO) is a meme coin created after Kabosu, the Shiba Inu who inspired Dogecoin (DOGE). Atsuko Sato, Kabosu’s human mama adopted a new Shiba Inu after Kabosu passed away, naming it Neiro.

  • The four major Neiro meme tokens are Ethereum-based Neiro CTO and Neiro on ETH, and Solana-based Neiro BroPump and Neiro.lol.

  • Neiro CTO is the current top leading Neiro crypto meme coin by market cap, flipping Neiro on ETH after being listed on Bybit, Binance and other top-tier exchanges in September 2024.

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What Is Neiro Crypto?

Dogecoin’s mascot was a famous Shiba Inu named Kabosu, who passed away in May 2024. Kindergarten teacher Atsuko Sato, the woman who had adopted Kabosu in 2008, then adopted another Shiba Inu named Neiro from a local animal shelter in August 2024. As a result of this adoption, the crypto world was energized to create multiple other meme coins inspired by Neiro. The meme coins based on Neiro include four notable projects with strong community support, two of which are Solana-based tokens, while the other two are Ethereum-based ERC-20 tokens. Currently (as of Oct 16, 2024), the largest Neiro meme coin by market cap is the Ethereum-based Neiro CTO. The other major Neiro meme coin projects are Neiro on ETH, and Solana-based Neiro BroPump and Neiro.lol.

First Neiro on Ethereum (Neiro CTO)

First Neiro on Ethereum, also commonly known as Neiro CTO (short for community takeover), is a decentralized, community-driven project on the Ethereum chain that launched on Jul 27, 2024. At that time, 2,123 traders purchased NEIRO within 24 hours. Those who held onto their coins over the next several months enjoyed a sizable return on their investments. Neiro's first developer abandoned the project, and it was quickly picked up by a passionate community, enthusiastic about what Neiro could be. Today, the project is completely community-driven and recognized for its fair token distribution. In the first week following its launch, the Neiro project was touted in a CoinDesk article. It applied for listings on CoinMarketCap and CoinGecko, and was then officially listed on CoinMarketCap on Aug 1, 2024. Neiro airdropped 4% of its token supply to Vitalik Buterin on Aug 4, 2024. A week later, Buterin posted a tweet about donating the tokens to an animal welfare fund, which aligned with the spirit of the project. This marks only the second meme coin that Buterin has interacted with after Shiba Inu (SHIB, the second-largest meme coin after DOGE, with a market cap of $10.8 billion), boosting NEIRO’s credibility and visibility.

Less than a month after the NEIRO token launched, it was listed on other exchanges, including MEXC, CoinEx Global and CoinW. In early September, Justin Sun’s support of the project led to additional listings on HTX and Poloniex. This was followed a week later by listings on Bybit, Binance and Gate.io’s Pilot Trading platform from Sep 13–16, 2024, which led to a jump in its market cap from a relatively modest $13.9 million to over $100 million within the same day on Sep 16, 2024. 

The rally continues for NEIRO today. During the first week of October 2024, NEIRO's price was up 108% over a 7-day period. Typically, meme coins are traded frequently to generate short-term gains because of their price volatility and unpredictable nature. However, many enthusiasts of First Neiro on Ethereum are strong advocates of a long-term holding strategy. This is because of the general belief in Neiro CTO’s potential.

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Where to Buy Neiro CTO (NEIRO)

The Neiro CTO token is now available for you to buy on Bybit. With an active Bybit account, traders and investors can buy NEIRO as a USDT Perpetual contract (1000NEIROCTOUSDT). To open an account, you can register by clicking on the Sign Up button on the upper right-hand corner of Bybit’s homepage. After completing the easy steps, you can fund your account with USDT to start trading NEIRO and other coins.

NEIRO Price Prediction

As of Oct 16, 2024, NEIRO is trading at $0.0020. Price prediction experts anticipate that the bullish run on Neiro Ethereum will continue at least into the next year, but they’re mixed on their longer-term outlooks. According to Techopedia, the price of NEIRO could reach $0.0031 in 2025 and may drop to $0.00224 in 2030. Meanwhile, CoinDCX’s prediction is between $0.004 and $0.006 in 2025, with a continued rise up to $0.035 in 2030.

The Four Neiro Crypto Tokens: What's the Difference?

While all of the Neiro meme coins were deployed on the same day (Jul 27, 2024), a look at Etherscan and Solscan reveals that their timing differed slightly. They also have other differences that extend to their token supply, price, market cap and other factors relevant to traders and investors.

Neiro CTO

Neiro CTO, also referred to as First Neiro on Ethereum and the “Heir of Doge,” has a maximum supply of 420.69 billion and a market cap of $850.09 million. It was the first Neiro to be deployed on Ethereum, as it was launched on Jul 27, 2024 at 9:14PM UTC. Its current price is $0.0020, 11.3% lower than its all-time high (ATH) of $0.002259 just two days ago and over 82,000% higher than itsall-time low (ATL) of $0.000002438 on Aug 1, 2024. Its trading volume over the past 24 hours is $585.03 million.

Neiro on ETH

Neiro on ETH, more commonly known asNeiro Ethereum, calls itself the “Sister of Doge.” It has a maximum supply of 1 billion tokens, and launched on Jul 27, 2024 at 10:19PM UTC on the Ethereum network. Unlike Neiro CTO, which hardly caused a stir in the market for quite some time even after its launch (despite being the first Neiro to be deployed on Ethereum), Neiro on ETH leaped by over 350% to hit a market cap of over $70 million within 24 hours and achieved $293 million by Aug 8, 2024. However, just a month later, it dipped to a low of $24 million and has been relatively volatile since. 

Its current market cap is $94.4 million, and its current price is $0.094, 67.9% lower than its ATH of $0.29, recorded on Aug 7, 2024, and 305.1% higher than its ATL of $0.023 on Sep 3, 2024. The 24-hour trading volume for this Neiro Ethereum project's token is around $33.84 million.

Neiro BroPump

Neiro BroPump, which also identifies as the “Sister to Doge,” is the first on-chain Neiro. It was launched on Solana viaPump.fun, without any pre-allocation or vesting, on Jul 27, 2024 at 7:55PM UTC. It has a maximum supply of 1 billion tokens with liquidity burned, and a total supply of 990.87 million. As a fully decentralized community token, there are zero taxes charged on its transactions. Its current price is $0.0047, or 90.6% lower than its ATH of $0.05 on Jul 28, 2024, and 25.5% higher than its ATL of $0.00377 on Jul 31, 2024. The 24-hour trading volume of Neiro BroPump is currently $774,960, and its market cap is $4.69 million.

Neiro.lol

Neiro.lol, which also identifies itself as the “Sister to Kabosu,” aims to be the biggest meme coin on Solana, while honoring Neiro's legacy. It has a maximum supply of 1 billion tokens and a total supply of 999.93 million, of which 2% have been burned and 98% fairly distributed. Like Neiro BroPump, it charges zero taxes. This project launched on Jul 27, 2024 at 9:05PM UTC on the Solana chain. Its current price is $0.0049, which is 93.8% lower than its ATH of $0.07868 on Jul 30, 2024, and 165.3% higher than its ATL of $0.001853 on Aug 30, 2024. It has a market cap of $4.9 million and a 24-hour trading volume of $16.09 million.

Closing Thoughts

Neiro CTO may be the current leader of the Neiro coin pack, but as is true with all meme coins, its price is highly volatile, responding to market trends and hype. If you’re thinking about buying Neiro CTO, it's wise to stay cautious, conduct thorough independent research and invest no more than you can afford to lose.

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