NEIRO (First Neiro On Ethereum) rose 12.52% in 24 hours.

Gate News Bot news, on July 10th, according to CoinMarketCap, as of the time of writing, NEIRO (First Neiro On Ethereum) is currently priced at $0.00046252, with a rise of 12.52% in the last 24 hours, reaching a high of $0.00051986 and a low of $0.00040354. The current market capitalization is approximately $195 million, an increase of $21.7 million compared to yesterday.

NEIRO is the successor of Doge, adopted by the same lady who once took care of Kabosu (the dog behind the Doge meme). NEIRO is the first token deployed on Ethereum, attracting the attention of Vitalik Buterin on August 4, 2024, at 23:59 UTC (coinciding with the new moon moment). A few days later, Vitalik confirmed that he donated over $500,000 to an animal welfare fund, marking his second interaction with meme coins, the first being with the SHIB token in 2021.

NEIRO was originally abandoned by its original developers and is now fully owned and managed by the community. The project is dedicated to giving back to society, having donated to a shelter for stray dogs that once housed NEIRO, and plans to carry out more charitable activities.

Important news about NEIRO recently:

1️⃣ Established meme coin market performs strongly Recently, several established meme coins, including NEIRO, have shown a strong pump trend. NEIRO, as one of the outstanding performers, achieved a rise of 31.7% within 24 hours on July 3, with its market capitalization reaching as high as 207 million USD. This performance reflects that investors' enthusiasm for the meme coin market is warming up.

2️⃣ NEIRO leads the meme coin rise Among the numerous meme coins, the rise of NEIRO stands out particularly. Compared to other well-known meme coins such as CHILLGUY, BONK, and WIF, NEIRO's rise is more significant, demonstrating strong market appeal and investor recognition.

3️⃣ market capitalization steadily rise NEIRO's market capitalization has slightly decreased from $207 million on July 3 to $195 million on July 10, but it remains at a relatively high level. This indicates that despite short-term fluctuations, NEIRO continues to receive sustained attention and recognition from the market.

The strong performance of NEIRO is closely related to the overall recovery of the meme coin market. However, investors still need to be vigilant about the high volatility of the meme coin market and rationally assess investment risks.

This message does not constitute investment advice; investors should be aware of market volatility risks.