Neiro Price Soars 75%, It Could Be The Next Crypto To Explode

The price of Neiro has surged 75% in the past 24 hours to trade at $0.00005814 as of 5:00 a.m. EST on trading volume that has surged 328% to $9.7 million.

The token has been on a roller coaster ride over the past week, hitting its highest point in the past seven days earlier today when it climbed to $0.00007527.

Neiro has only been online for less than a month, but its history is already complex. Its original developer abandoned the project after trying to woo investors, and they also sent some of the money to Vitalik Buterin in order to list him as a major holder. After the developer abandoned the project, the community took over, establishing First Neiro on Ethereum as Dogecoin’s little sister.

As for the funds sent to Buterin, he sold the tokens and, in collaboration with the new Neiro community, donated the proceeds to an animal charity. The project may have had a rocky start, but the controversy put it on the map for big investors. Its rebirth has helped it establish itself as a legitimate and trustworthy crypto.

He even posted an article on X less than 24 hours ago stating that the first Neiro on ETH LLC was established in the great state of Wyoming, which is part of the reason for its recent price surge.

Neiro Price Prediction

After the massive surge in the last 24 hours, which pushed NEIRO to its weekly high, the current bear market interfered with the token’s price performance. As such, the meme token was rejected from a resistance at $0.000070. The token started to spiral rapidly downwards as a result, but its descent was slowed down by a few supports.

However, some technical indicators suggest that NEIRO is not ready to stabilize yet. Its Bollinger Bands remain quite wide, suggesting that there is still major interest in the token. However, its price has moved from the upper band to the lower band.

Meanwhile, the token’s Relative Strength Index (RSI) value has moved from the overbought zone to the neutral zone, only to slide slightly below this region to a value of 42.70 at the time of writing.

At this point, the price seems to have stopped its fall, but there is still a chance that the new support at $0.000057 will be broken and the token will continue to fall. If this happens and the meme coin’s RSI also continues to fall, traders could step in to buy the dip when the RSI falls into the oversold zone at 30.

Alternatively, NEIRO could also rally if the bearish influence on the broader market weakens and the bulls manage to regain control. In other words, NEIRO is currently in a delicate position and carries many risks. Traders looking to buy now should proceed with extreme caution.

Promising alternative to Neiro

While First Neiro on Ethereum is currently undergoing a correction, the token could surge again once the bearish pressure subsides and the bulls regain control. In the meantime, crypto investors could consider a new meme coin with high potential called Crypto All-Stars (STARS).

Crypto All-Stars is a new cryptocurrency that has developed a brand new staking smart contract that could revolutionize the staking process across the industry. Known as MemeVault, the new smart contract allows users to stake more than one cryptocurrency.

Typically, any project that allows users to stake its tokens only supports its own native token. MemeVault, on the other hand, allows users to stake multiple major meme coins including Dogecoin, Floki, Brett, Pepe, Turbo, Milady, and more. The project’s goal is to unify the meme coin industry by becoming the heart of meme coin staking.

Its new technology and ideology quickly began to attract investors, with the project raising more than $813,000 in recent weeks.

Today, the STARS ICO is quickly approaching its first million dollars. The token price is also still low, at just $0.0013078. However, it won’t stay this low for long as its price is expected to increase with each subsequent stage of its presale.

The project’s potential has put it on the radar of many major investors and crypto experts, including crypto YouTuber known as ClayBro, who has over 130,000 subscribers. The popular YouTuber believes that Crypto All-Stars offers at least a 29X opportunity and should not be ignored.

Buy STARS on its official website here.

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