Based on available information, "Neiro" (NEIRO) is essentially a meme coin inspired by the famous Shiba Inu dog "Kabosu," which is behind the "Doge meme." Although classified as a meme coin, some sources suggest it has some use cases that extend beyond traditional meme coins, such as supporting decentralized applications (DApps) and staking.
Neiro exists on multiple blockchain chains, including Ethereum and Solana. The version on Ethereum (First Neiro On Ethereum) is a community-driven token with a fixed supply of tokens and does not impose transaction fees. It also focuses on supporting charitable causes, such as donations to animal shelters.
Technical analysis and current situation (as of May 21, 2025):
* Current price: The price of NEIRO is approximately $0.000526 for each NEIRO / USD.
* Market Cap: The market cap of Neiro is approximately $221.23 million, making it rank around 284 in terms of market cap.
* 24-hour trading volume: The trading volume was around $205.89 million, roughly a 27% decrease from the previous day, indicating a recent decline in market activity.
* All-Time High (ATH): Neiro reached its all-time high of $0.003018 on November 12, 2024 (about 6 months ago), and is currently trading 82.27% lower than that peak.
* All-Time Low (ATL): It reached its all-time low of $0.00000000016365 on January 13, 2025.
* Technical indicators:
* The Relative Strength Index (RSI) is within the neutral zone (30-70), indicating that the price is trending neutrally.
* Neiro's 200-day moving average has been trending downward since April 20, 2025, indicating a weak trend and may act as 'resistance' if the price interacts with it again.
Factors influencing the price of Neiro:
* Memecoin Community: As a meme coin, the price of Neiro is heavily influenced by community enthusiasm, social media buzz, and trends. Positive developments in its online community can lead to rapid spikes.
* Adoption and use cases: While classified as a meme coin, any development or adoption of real use cases (like supporting DApps or staking) could positively impact its value in the long term.
* Circulating supply: The circulating supply of NEIRO is approximately 420 billion tokens, a large number that could impact the price per token.
* Platforms and trading: NEIRO is traded on centralized exchanges like Binance, Bitget, and Gate. The trading volume and liquidity on these platforms affect the price's ability to move.
* General market sentiment: Neiro, like any other cryptocurrency, is affected by the broader sentiment of the digital currency market, including the movements of Bitcoin and Ethereum.
* News and developments related to Kabosu: Any news or events concerning the Shiba Inu dog "Kabosu" itself may also impact the meme coins inspired by it, including Neiro.
Future price predictions for Neiro:
Predictions for Neiro vary significantly, which is common with meme coins due to their high volatility. However, some forecasts from different sources can be summarized as follows:
* Short-term (coming days - 30 days):
* Some forecasts suggest that Neiro may see a 5% increase in the next thirty days, reaching around $0.000528.
* Expected daily prices in the coming days may range between $0.000534 and $0.000694.
* Medium-term (2025 - 2026):
* Some expect the price of Neiro to range between $0.000538 and $0.000627 by the end of 2025.
* Other forecasts indicate it may reach $0.00472 in 2024 (according to previous predictions), with a minimum of $0.00199 and an average of $0.00409 in 2025.
* In a neutral scenario, the price may reach around €0.000536 by the end of 2025.
* For the year 2026, the price may reach €0.000618.
* Long-term (2030 and beyond):
* More optimistic forecasts suggest that Neiro may reach $0.0229 by 2030.
* Other forecasts for 2030 range between $0.0197 (minimum) and $0.0237 (maximum), with an average of around $0.0203.
* There are even very optimistic forecasts for 2040 indicating a price range between $1.68 and $2.00. However, these long-term predictions should be treated with extreme caution.
Is Neiro a good investment?
Like all meme coins, investing in Neiro carries very high risks.
* Risks:
* Extreme volatility: Meme coins are known for their very high volatility and can experience sharp rises and rapid falls.
* Lack of strong fundamentals: Despite some mentioned use cases, meme coins often lack strong technological fundamentals or intrinsic utility compared to more established cryptocurrencies. Its value heavily depends on hype and community.
* Regulatory risks: Changes in regulations regarding digital currencies in general, and meme coins in particular, may affect Neiro.
* Security risks: Although Neiro exists on a reliable blockchain like Ethereum, there are always general security risks in the cryptocurrency space.
* Potential opportunities:
* Quick gains: If the coin gains significant momentum in the memecoin community, it may achieve quick gains for early investors.
* Strong community: An active and enthusiastic community can drive the coin forward and create positive hype.
Summary:
Neiro is a relatively new meme coin with high volatility. Its value heavily relies on its community and market sentiment. While some predictions suggest potential growth, it comes with very high risks. Investors considering Neiro should be prepared to lose their entire investment. It is essential to conduct thorough research (DYOR) and understand the highly speculative nature of meme coins before making any investment decisions. It is advised to allocate only a small portion of the portfolio to high-risk investments like Neiro.
