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The cryptocurrency market is recovering, with bitcoin up 3.11%. Meanwhile, Neiro ethereum is leading the rally, sparking interest in crypto All-Stars.
The cryptocurrency market is slowly coming out of the latest crash, with bitcoin up 3.11% to $56,988.58 and most major meme coins up over the past 24 hours. With this rally, investors are looking for new tokens that the rally could propel to the moon.
Among these tokens, the most prominent is Neiro ethereum (NEIRO), one of the biggest hits of the summer (if not the biggest). As it reaches new heights, investors are looking for new meme coins that can replicate its success, with several considering crypto All-Stars (STARS) to be a promising candidate.
Neiro ethereum enters the top 20 of the most valuable memecoins
NEIRO is up 22.09% to $0.1921 over the past 24 hours. This has helped it surpass Simon's Cat (CAT) and Gigachad (GIGA) to become the 19th largest memecoin by market cap in the world. CoinMarketCap Despite being a success since its launch, NEIRO’s daily transaction volume continues to rise, up 6.46% to $76,140,679.
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This price surge came after a cascade of exchange listings: Binance, OKX, crypto.com, and HTX have all recently listed NEIRO, with gTrade joining their ranks today.
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stock market listings almost always generate buzz and awareness about memecoins. It is no surprise that being listed on the world’s largest cryptocurrency exchange alongside other crypto exchanges famous for their memecoins or futures markets has attracted a huge wave of NEIRO investors.
In addition to this, NEIRO has been working hard on building its community, and the token’s official x (twitter) account has grown to over 26,000 followers.
To further add to the hype, the NEIRO x (twitter) account posted a cryptic tweet today discussing a mysterious new project that holders can sign up for within the next 24 hours.
Neiro ethereum Price Analysis: Can It Hit $1 in 2024?
Looking at longer time frames, NEIRO’s success is even more evident. The token is up 560.64%, or more than 5x in the week. Since its launch on July 29, NEIRO has grown by a staggering 1263.15%, or 12x. However, it would need to grow 5x more in the next 4 months to reach the long-awaited $1 mark in 2024.
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Looking at NEIRO’s charts, we can see that investors continue to open long positions on the token, demonstrating their confidence in its long-term prospects. Its funding rate tells a similar story, as most exchanges see it rising.
While NEIRO’s growth rate is slowing down, many experts and analysts are still extremely optimistic about the token. Zach Humphries, a crypto trader and influencer with over 100,000 followers on x (twitter), recently shared his bullish predictions.
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Meanwhile, TheSolstice noticed that NEIRO’s trading volume was outpacing that of WIF and PEPE, despite having a market cap 10-20 times smaller. Because of this, he calls the token a bullet train on the move to reach $1 billion in market cap. This is exactly the sum that would put NEIRO’s value at $1 per token.
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While the market is unpredictable, it is hard to bet against NEIRO with the impact it has had in the space so far.
Meanwhile, a new token called crypto All-Stars has also attracted attention as its pre-sale shows bullish momentum.
Analysts are bullish on crypto All-Stars ICO, which raises over $1.1 million
crypto-news.care/b_cryptoas-en_111545?referrer=neiro-ethereum-continues-to-rise-as-experts-back-this-new-meme-coin-presale-to-see-similar-gains” target=”_blank”>crypto Stars (STARS)
The utility of STARS resides in MemeVault, a multi-token staking protocol that allows users to stake a variety of top meme coins, such as Pepe and Shiba Inu, in one place. STARS fits into this ecosystem by being the token used for staking rewards.
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This introduces a cooperative element to memecoins, helping tokens help each other out rather than tearing each other down. The project has raised nearly $1.2 million thanks to this idea and has been sold for just $0.0014362 per token.
However, this price will not be maintained, as STARS uses a dynamic pricing model where the presale price will increase as more investors enter the project or time passes. To ensure the security of investors during the presale, STARS has passed two security audits conducted by Solid proof and Coinsult.
Experts have been paying close attention to the token. Claybro, a YouTuber with over 130,000 subscribers, recently spoke about the token and highlighted its potential.
He praises MemeVault, as well as the token's massive staking rewards of 1245%, which allow stakers to increase their token holdings 12-fold in one year.
There are less than 3 days left until the next price increase, so there is limited time to invest in crypto All-Stars at the lowest possible price.
For more information, crypto-news.care/b_cryptoas-en_111545?referrer=neiro-ethereum-continues-to-rise-as-experts-back-this-new-meme-coin-presale-to-see-similar-gains” target=”_blank”>Visit the crypto All-Stars pre-sale website.
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