Neiro Ethereum surges 10% on whale investment; Pepe Unchained presale gains momentum

Neiro ethereum price surged 10% after dramatic drop, boosted by whale investments, while Pepe Unchained presale gains traction.

Neiro ethereum's journey has been wild. After Binance listed a low-cap clone, its price dropped by more than 50%.

However, it is up 10% in the past 24 hours and is up over 20% from its lows. Is this coin a good buy or are its best days behind it?

Neiro ethereum shows strength on the price chart as KOLs hold firm

An unexpected black swan event caused Neiro ethereum to crash last week. NEIRO was steadily making higher and higher highs on its price chart and it looked like its Binance listing was secured. So what happened?

Binance bypassed Neiro ethereum, which was worth nearly $200 million at the time, and instead listed a $15 million copy (First Neiro on ethereum).

This came as a surprise as Neiro ethereum was already listed on its futures trading platform.

This caused a market reshuffle, with First Neiro on ethereum reaching a market cap of over $500 million, while Neiro ethereum fell to a low of $70 million.

However, Neiro ethereum has started to show strength, recording higher highs and higher lows on its price chart.

Neiro on ethereum is up 10% in the past day, while First Neiro on ethereum is up just 2%.

This could indicate that attention is shifting back to Neiro ethereum, and traders may feel that First Neiro on ethereum has managed to exploit most of its upside potential.

Neiro ethereum originally became so big thanks to the support of key opinion leaders (KOLs).

These influencers have continued to support Neiro ethereum, even as its price plummeted. This has given hope to the community and likely contributed to its recent strength.

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At the same time, large purchase orders are coming in. Lookonchain reports that a whale just spent $1.53 million to buy 1.77 million NEIRO.

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Considering that Neiro ethereum is at a huge discount from its highs, and is backed by whales and influencers, there is a good chance that it will provide strong gains in the coming months.

However, traders must also consider the risk that it may become obsolete due to Binance (the world’s largest exchange) favoring the competing token First Neiro on ethereum.

This is a major risk with memecoins in general, as teams can easily create copycat tokens with minimal effort.

However, one memecoin that stands out in that regard is Pepe Unchained. The project offers an industry-first use case as a Pepe-themed ethereum layer 2. It is also currently in pre-sale and has raised $14.8 million so far.

Will Pepe Unchained explode like Neiro? Memecoin pre-sale approaches $15 million

He crypto-news.care/b_pepeunchained-en_97815?referrer=is-it-too-late-to-buy-neiro-ethereum” target=”_blank”>Pepe Unchained The pre-sale has raised substantial funding led by retail investors.

This initial momentum puts Pepe Unchained in the spotlight when it comes to stock market listings. This shows that investors are interested, which is exactly what the exchanges are looking for.

The Pepe Unchained team has revealed that they are in talks with top-tier exchanges and will wait for the perfect launch opportunity to “maximize impact.”

Pepe Unchained is an ethereum layer 2 blockchain that offers 100x faster speeds and lower fees than the mainnet.

It will also include features such as a staking mechanism, a dedicated ethereum bridge, a block explorer, and a decentralized exchange.

After raising over $14 million, the team recently announced that it will offer grants to developers to build on its network. This could accelerate its growth and lead to a more complete ecosystem that encourages adoption.

The market is taking note. Analyst ClayBro told his 130,000 subscribers: “Pepe Unchained is making headlines.”

ClayBro also speculates that it could be the “best memecoin to buy right now.”

Pepe Unchained is a community-focused project that leverages Pepe's viral notoriety to help scale ethereum.

The current pre-sale price is $0.00984, but it will increase throughout the campaign. The next increase will occur within a day.

For more information, crypto-news.care/b_pepeunchained-en_97815?referrer=is-it-too-late-to-buy-neiro-ethereum” target=”_blank”>Visit the Pepe Unchained pre-order website.