Neiro Ethereum

<p>The rise of Neiro <a href="https://listing.help/what-are-meme-coins-how-to-invest-and-stay-safe/" rel="noopener noreferrer nofollow">meme coins</a> stems  from the recent adoption of a new dog by Atsuko Sato, the owner of  Kabosu, the dog that inspired the well-known Dogecoin. After Kabosu  passed away on May 24, 2024, Sato introduced Neiro, a 10-year-old female  Shiba Inu, as Kabosu’s &#34;sister&#34; in a social media post in late July  2024.</p><p>Following this, the crypto community reacted with enthusiasm, and  tokens labeled NEIRO appeared on multiple blockchains, including  Ethereum, Solana, and Base. However, Atsuko Sato has made it clear that  she has not given her approval for any of these tokens.</p><p>This article will focus on the NEIRO tokens, reviewing their performance to date and exploring their tokenomics.</p><h2 id="header-0">Dog-Themed Meme Coins</h2><p>The fascination with dog-themed meme coins began in 2013 with the  introduction of Dogecoin, which was inspired by the viral meme featuring  a Shiba Inu. Originally intended as a humorous take on Bitcoin,  Dogecoin used the Proof of Work <a href="https://listing.help/what-are-consensus-algorithms-in-blockchain/" rel="noopener noreferrer nofollow">consensus mechanism</a>.  Despite its modest beginnings, it gained widespread attention during  the 2020-2021 bull market, largely due to high-profile endorsements,  such as from Elon Musk, and a surge of social media interest. This laid  the foundation for other dog-themed coins, including Shiba Inu, Floki,  and Baby Doge.</p><p>Shiba Inu, launched on the Ethereum network, brought new features  like a decentralized exchange (ShibaSwap) and distinct tokenomics, along  with community-organized burns. Meanwhile, Floki and Baby Doge used  aggressive marketing and community initiatives to establish their  presence. Since then, the popularity of dog-themed meme coins has  expanded across several blockchains, particularly Ethereum and Solana.  While they benefit from social media hype and community enthusiasm,  these coins remain highly volatile, with their market performance  largely driven by trends rather than any inherent utility or value.</p><h2 id="header-1">What is Neiro on Ethereum?</h2><p>The Neiro meme coin, trading under the ticker NEIROETH, is an  Ethereum-based token inspired by Neiro the Dog. It was launched on July  29, 2024, and quickly gained momentum, reaching a market capitalization  of over $70 million within its first 24 hours. NEIROETH stands as the  most prominent token in the Neiro meme trend and has already been listed  on several centralized exchanges.</p><h2 id="header-2">What is Neiro on Solana?</h2><p>Neiro on Solana, identified by the ticker NEIRO, was also released  on July 29, 2024. Although it hasn&#39;t achieved the same level of viral  success as its Ethereum counterpart, it still has a solid following on  social media platforms like X. The token has also secured several  partnerships and exchange listings.</p><p>According to data from Dexscreener, NEIRO on Solana operates as a  CTO (Community Takeover) token. In this model, the original creator(s)  have left the token&#39;s future in the hands of the community, which has  taken on the role of promoting and managing the project.</p><h2 id="header-3">Which Neiro Meme Coin Launched First?</h2><p>According to blockchain data from platforms like Etherscan and  Solscan, all four Neiro tokens were deployed on July 27, 2024, at  different times. Two were launched on Solana and two on Ethereum. The  Solana-based tokens went live first, with the Ethereum versions  following shortly after. However, despite being the earlier projects,  the Solana tokens have since fallen behind the Ethereum ones in terms of  market capitalization.</p><p>The reason for this disparity isn&#39;t entirely clear. Some speculate  that differences in market demand and adoption rates may stem from how  each token was launched and distributed, with varying levels of  centralization playing a possible role in the outcome.</p><h2 id="header-4">Conclusion</h2><p>The Neiro meme coins have sparked interest in the crypto space,  largely fueled by the legacy of Dogecoin and the buzz around Neiro, the  newly adopted Shiba Inu. Among the various Neiro projects, the CTO token  has achieved the highest market cap.</p><p>Despite the hype surrounding dog-themed meme tokens, caution is  advised for anyone considering investment. If you&#39;re thinking of getting  involved with Neiro, it&#39;s important to only invest money you can afford  to lose and stay informed about community and market shifts. Meme coins  are driven by sentiment, and Neiro is no different.</p><p><img src="https://media.licdn.com/dms/image/v2/D4E12AQHBA_-4orHhww/article-inline_image-shrink_1500_2232/article-inline_image-shrink_1500_2232/0/1728412612275?e&#61;1733961600&amp;v&#61;beta&amp;t&#61;P3ftls0vBQTsY1xCMDvBfQWWx4abkESj6jhaSB6ShTY" /></p><p>For more insights and updates on the crypto world, don&#39;t forget to check out our blog at <a href="https://listing.help/blog" rel="noopener noreferrer nofollow">Listing.Help</a></p>

What Is Neiro (NEIRO)?

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Sergei Khitrov

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