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Web 3 Journalist
Tim Hakki
Web 3 Journalist
Tim Hakki
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Ethereum’s hottest new Dogecoin ($DOGE) challenger Neiro ($NEIRO) has just hit a new all-time high and secured its place as the tenth biggest meme coin by market capitalization.
But the question remains: How much further can this barely three-month-old token go?
Well, Neiro fever drove the price to set a new high watermark of $0.002259 today before pulling back 12% in the last six hours.
Neiro’s performance in the last 24 hours has tracked that of the original meme coin $DOGE.
In the last 24 hours, Dogecoin grew by 0.7% to trade at $0.1158, while Neiro posted 0.4% appreciation. Zooming out to the last seven days, Dogecoin is up by 7.7% while Neiro added 4.4% to hit $0.002021 as of this writing.
This means Neiro is among the better performing coins in the top ten today but its gains over time are diminishing. By contrast, Turbo ($TURBO) blew up 99% over the week and SPX6900 ($SPX6900) mushroomed 55%.
Dogecoin’s original challenger Shiba Inu ($SHIB) posts nominal intraday losses of 0.5%. It’s also the worst performing top ten meme coin over the week with gains of only 4%.
Can Neiro Still Make Millionaires?
Neiro’s developers launched the project with a marketing stunt, airdropping Ethereum creator Vitalik Buterin 4% of the supply on August 4, which was worth about $130,000 at the time.
He then sold it all.
However, since then, $NEIRO has consistently rallied. It is now sitting close to all-time high and support appears to be forming around the psychologically important $0.0020 threshold.
The token encountered stiff resistance at $0.0013 throughout the end of September.
October marked the start of a decline, which bottomed out at $0.00086 on October 3, indicating the strength of support for the token around $0.001.
Its relative strength index (RSI) is 45 and falling. This is bullish as it means the market is pricing Neiro well despite the fact that the meme coin is the highest its ever been.
From Neiro to Flockerz: Meme Coin Winter Has Landed.
Neiro may look promising but in a market already saturated with five market leading doge meme coins, there is a strong chance the project may be a passing fad.
However, over in the world of micro cap meme coin ICOs, many new species of meme coin are just launching. One such offering is the new vote-to-earn (V2E) Flockerz ($FLOCK).
Its presale launched last month and has rapidly raised over $712,000.
Touting itself as “The People’s Meme Coin,” Flockerz offers crypto fans unrivaled staking rewards and community-building incentives.
So, what is “vote-to-earn,” and how does it work?
Firstly, holders of Flockerz (known as “The $FLOCK”) are integral members of a decentralized autonomous organization (DAO) named Flocktopia.
Within this community, members of The Flock have the ability to draft and vote on governance and improvement proposals.
This structure ensures that all critical decisions are made through community consensus rather than by any centralized authority.
By rewarding voters with $FLOCK, Flockerz incentivizes frequent community engagement while aligning everyone’s interests toward making the project a success.
This alone makes it a stronger meme coin community than Neiro.
Some 25% of the project’s 12 billion $FLOCK token supply is for staking, with the protocol offering stakes eye-watering yield of 2,426% on the tokens they lock up over a two-year staking period.
Flockerz is a transparent and fully audited project.
That’s why Coinsult audited its smart contract, to give investors peace of mind.
Furthermore, Flockerz is eyeing up listings on both centralized and decentralized exchanges (CEXs and DEXs). The vote-to-earn mechanism will launch after listings.
Hold on, because this $FLOCK is taking off!
Join now. Follow Flockerz on X and Telegram.
Visit the Flockerz Presale Website For More Information
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
