Neiro ethereum (NEIRO) has been one of the few bright spots in the meme coin market lately.
However, given the explosiveness of NEIRO's rally, some investors feel they might have missed something.
Meanwhile, all eyes are on Base Dawgz (DAWGZ) as the next meme coin, with one expert suggesting it could follow in the footsteps of NEIRO.
Neiro ethereum climbs the cryptocurrency charts with a market cap of $205 million
Neiro ethereum is the talk of the cryptocurrency market.
And it's easy to see why.
This Shiba Inu-inspired token, with roots in the classic Doge meme, has been gaining popularity lately.
At the time of writing this article, NEIRO iseth/” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> priced at $0.203 and has a market capitalization of $205 million.
But it's not just hype: over $35 million in spot trading volume since yesterday shows that the token has serious momentum.
It is no surprise that it achieved second place. CoinMarketCap Trending List.
Of course, NEIRO's journey has not been without its ups and downs.
It hit an all-time high on August 7, yielding huge profits for early investors.
It has since cooled off a bit and is trading about 31% below that peak.
And for the past few days, NEIRO has remained in a wait-and-see position as the market decides its next move.
The big question is: Is Neiro ethereum here to stay or will it just be another fleeting meme coin?
Is it too late to get into Neiro ethereum?
So is it too late to get into Neiro ethereum?
It's difficult to make a call.
For one, this token is still relatively new: it is less than three weeks old.
Furthermore, compared to meme coin giants like PEPE, DOGE, and WIF, NEIRO has a small market cap.
And it hasn't even reached major exchanges like Binance or OKX yet.
This means there is room to grow.
But on the other hand, the whole Meme Coin Market looks a bit deflated, and NEIRO's own rally appears to be cooling off a bit.
Some investors are starting to wonder if we have already seen the token's best days.
Ultimately, it is difficult to say whether it is too late to invest in NEIRO.
The token clearly has potential, but it also involves significant risks.
As such, NEIRO may be more suitable for risk-tolerant investors who are willing to deal with the price fluctuations that will inevitably occur.
Base Dawgz presale heats up as crypto expert predicts big gains
Along with NEIRO, there is another dog-themed meme coin that is gaining attention.
Meetethereum-expert-says-base-dawgz-could-give-similar-gains” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> Base Dawgza new coin currently in its pre-sale phase.
This multi-chain coin has already raised $2.9 million in seed investment.
DAWGZ is primarily hosted on the Base network, but can also connect to blockchains such as ethereum and Solana.
It also features a Share-to-Earn protocol for additional rewards and a comprehensive roadmap for the future.
This setup has sparked interest from some big names.
Cryptography Expert Brother of clayWith a YouTube audience of 130,000, he recently released a video about Base Dawgz.
He believes that the price of DAWGZ could increase by 36 times (or more) once the token hits exchanges.
ClayBro points out the coin's rapid price increases during its pre-sale and the huge Participation rewards Offered to DAWGZ holders.
Ultimately, he sees the token as a high-risk, high-reward opportunity.
And expect it to really take off if we see another bull market in the final months of 2024.
If DAWGZ were to hit 36x, as ClayBro said, it would produce similar gains to Neiro ethereum when it first surged.
This prospect has sparked a lot of excitement at Base Dawgz. Telegram Channel.
So while this is just one expert's opinion, it's clear that Base Dawgz has the meme coin-loving public excited.
ethereum-expert-says-base-dawgz-could-give-similar-gains” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>Visit Base Dawgz Pre-Sale
Disclaimer:The above article is sponsored content; it is written by a third party. CryptoPotato does not endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing contained herein should be construed as financial advice. Readers are strongly advised to independently and carefully verify information before committing to any company or project mentioned and to conduct their own research. Investing in cryptocurrencies involves a risk of capital loss, and readers are also advised to consult a professional before making any decision that may or may not be based on the sponsored content above.
Readers are also advised to read CryptoPotato’s full disclaimer.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive an exclusive welcome offer of $600 on Binance (full details).
2024 LIMITED OFFER on BYDFi Exchange: Welcome reward up to $2,888, use this link to register and open a 100 USDT-M position for free!
<!– ai CONTENT END 1 –>