Neiro Ethereum Explodes Over 1000% To $0.2, Shiba Shootout Nears $1 Million

The meme coin market is in full swing again.

Neiro ethereum (NEIRO) has surged, shooting up over 1,000% to hit $0.2 earlier today.

Meanwhile, the Shiba Shootout (SHIBASHOOT) meme coin is also causing a stir and is approaching $1 million in its pre-sale phase.

The rapid rise of ethereum’s “sister,” Neiro ethereum

Neiro ethereum burst onto the scene on Tuesday, quickly capturing the attention of the crypto community.

Since its launch on Uniswap, NEIRO has skyrocketed over 1,000% from its initial price.

The token briefly touched $0.208 earlier today before pulling back.

In the last 24 hours alone, it has accumulatedeth/” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> Over $36 million in trading volume.

This push has not gone unnoticed: NEIRO is now number 3 in CoinMarketCap Trending List.

NEIRO is promoting itself as the “sister of the OG Doge” and aims to capitalize on the popularity of dog-themed meme coins.

The project's website highlights standard features, including its limited supply of 1 billion NEIRO and no purchase/sale tax.

Liquidity has also been burned.

After recovering in recent days, Neiro ethereum has landed some high-profile CEX listings, including LBank and MEXC.

All this despite not having any use cases or utility to speak of.

Meme Coin Market Crashes, But Can NEIRO Beat the Odds?

NEIRO may be performing well, but the rest of the meme coin market looks worse.

Most major meme coins are in the red.

DOGE is down 4% since yesterday, PEPE is down 7%, and WIF is down 12%.

Only TURBO has managed to stay afloat with a small profit.

This drop has affected the market capitalization of meme coins, which has fallen. Below $47 billion.

However, it is important to note that this is not happening in isolation.

The broader cryptocurrency market is experiencing a similar decline.

bitcoin, after hitting $70,000 earlier this week, has retreated back below $65,000.

Hecrypto/fear-and-greed-index/” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> Cryptocurrency Fear and Greed Index It has also fallen to 52, firmly in “Neutral” territory.

The market appears to be pulling back after the weekend's optimism.

So even though NEIRO is recovering, it is clearly swimming against the current.

And investors will be interested to see if it can maintain this impressive momentum in such a challenging environment.

Shiba Shootout meme coin offers Wild West gameplay and nears $1 million in ICO

Despite the recent market downturn, another project stands out:ethereum-explodes-over-1000-to-reach-0-2-shiba-shootout-closes-in-on-1m” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> Shiba inu shootout.

This Wild West-themed meme coin is nearing the $1 million pre-sale milestone, proving that clever ideas can still thrive.

The goal of Shiba Shootout is to be more than just another hype-driven token.

The project offers a full-blown “cowboy adventure,” complete with a sheriff dog named Marshal Shiba.

It's a unique setup.

The main feature of Shiba Shootout is a P2E mobile game that allows players to explore a virtual world of the Wild West.

A basic version of the game is already available, but the developers plan to update it with Web3 features later this year.

This will mean that players will be able to earn SHIBASHOOT tokens by playing the game.

But the Shiba Shootout ecosystem includes much more, such as A “Cactus Stakes” program with impressive reward rates.

There is also the “Savings Saddlebags” feature, which encourages long-term holding.

Perhaps the most exciting aspect is the “Lucky Lasso Lottery.”

A portion of the proceeds from this lottery will go to charity, which is a welcome touch in a market that is often perceived as purely economic.

Shiba Shootout has already gone viral on social media thanks to these factors.

And famous YouTubers like it Brother of clay They have also started taking notes, which adds to the credibility of the project.

All of this is even more remarkable considering the current struggles other meme coins are facing.

ethereum-explodes-over-1000-to-reach-0-2-shiba-shootout-closes-in-on-1m” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>Visit the Shiba Shootout pre-sale

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