NEIRO Ethereum (NEIRO) Meme Coin Skyrockets 45% Amid Market Rebound, Crosses $200 Million Market Cap

After a massive crash across the cryptocurrency landscape, the market is now recovering. Amid this price rebound, the recently launched Neiro Ethereum (NEIRO) meme coin has gained massive attention from crypto enthusiasts as it experiences a substantial price surge.

After a massive crash in the cryptocurrency market, a surprising recovery is underway. Among the surging prices, the recently launched Neiro Ethereum (NEIRO) meme coin has grabbed the attention of crypto enthusiasts with its substantial price surge.

NEIRO Ethereum Surges 45%

NEIRO has witnessed a remarkable price surge of over 45% today, August 6, 2024. The meme coin is currently trading around the $0.224 level and has also hit a new all-time high.

This massive price surge in the last 24 hours has made NEIRO a trending coin on Coinmarketcap.

Moreover, its trading volume has also surged by 10% during the same period. This increase in trading volume indicates a higher level of participation from investors and traders.

With the price surge and trading volume, NEIRO's market cap has also surged, reaching $222 million in the market capitalization domain, crossing the $200 million mark, as per Coinmarketcap data.

Vitalik Buterin’s NEIRO Holdings Update

Yesterday, during the market crash, Ethereum co-founder Vitalik Buterin sold his entire 17.1 billion NEIRO holdings for 44.4 Ethereum (ETH), as shared by Wu blockchain. Following this sell-off, NEIRO initially crashed by 60% but later surged drastically.

According to the report, Vitalik was the largest holder of NEIRO tokens, holding over 4% of the total circulating supply. Following that sell-off, Neiro's CTO took to X (formerly Twitter) to ask Vitalik to donate some of the proceeds to a stray dog shelter.

However, it was the NEIRO CTO who disclosed that Vitalik was the largest NEIRO holder, with a 4% share of the total supply.

In other news, there are multiple Neiro tokens available on the market, which is creating confusion among traders and investors and could lead to a major blunder in the coming days. This issue should be addressed by the community members.

Market Overview

In addition to the NEIRO price surge, other top assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are also making waves in the crypto landscape.

In the last 24 hours, BTC, ETH, and SOL have experienced a notable price surge of over 5%, 7%, and 17%, respectively.

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