Neiro Ethereum (NEIRO): The New Dogecoin Candidate Backed by DOGE and SHIB Holders?

New meme coins are in high demand and Neiro Ethereum has emerged as one of the top-performing tokens.  In less than two weeks, $NEIRO has a market capitalization of $260 million.

Neiro Ethereum price continues its bullish ascent, fueled by support from Dogecoin (DOGE) and Shiba Inu (SHIIB) holders. The new meme coin has seen a meteoric rise, with a 9000% gain since its initial listing price.

After today's 16% rally, NEIRO is trading at $0.26, with a market cap of $260 million. However, experts believe that the token will continue its bullish trajectory in the coming days, with some predicting a surge to $0.40.

Neiro is the new rescue dog recently adopted by @kabosumama, For the uninitiated, she was the owner of Kabosu, the Shiba Inu dog that inspired Dogecoin.

Considering the massive success of DOGE, it comes as no surprise that NEIRO is also seeing such strong demand. In fact, experts are highlighting that DOGE and SHIB holders are showing strong support for this new meme coin.

This development is particularly interesting because Dogecoin and Shiba Inu have largely been left behind during this bull cycle, overshadowed by newer meme coins like Pepe, Dogwifhat and Floki. NEIRO could be the vehicle for investors to capitalize on this narrative.

Even popular crypto influencers like Lark Davis - who has 1.2 million followers - are covering Neiro Ethereum's rise. Is $NEIRO the New Dogecoin? pic.twitter.com/vfpL1qZtZR

After debuting at $0.003 during its initial listing on MEXC Global, NEIRO has soared nearly 9000% to reach today's price of $0.26. After today's rally, the token is trading at $0.26, with a market cap of $260 million.

But experts believe that the new meme coin will continue its bullish trajectory in the coming days, with some predicting a surge to $0.40.

For instance, a popular trader Travladd Crypto (@OfficialTravlad) - with over 400k followers - highlights that the NEIRO price chart is looking extremely bullish. He expects the token to reach $0.4 next, with a market capitalization of $400 million.

Top meme narrative of the cycle and the chart looks like this. 400M next. $NEIRO pic.twitter.com/4HWbqeShAd

Crypto analyst Haris Ebrat (@HarisEbrat) also points out NEIRO's strong technicals, with much higher volume on the green candles compared to the red ones, indicating strong buying pressure.

Moreover, he reveals that NEIRO's whale balance has increased significantly over the past 14 days, suggesting that a major bullish continuation could be on the horizon.

The bulls would look to flip the $0.28 resistance next, which could pave the way towards a new all-time high.

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