A newly emerged meme coin built on Ethereum, dubbed the “official sister of Dogecoin,” has experienced a massive 700% price spike in just 24 hours. This surge pushed its market cap from $15 million to a staggering $146 million, with trading volumes skyrocketing from $8 million to over $220 million.
Known as First Neiro on the Ethereum network, the token has exploded by a staggering 8,200% over the past six months. To put it in perspective, a $1,000 investment made six months ago would now be valued at an impressive $83,000. This unprecedented rise has positioned the meme coin among the top performers in the digital asset space, delivering significant gains to early investors.
The recent meteoric rise was fueled by Binance’s announcement of listing the First Neiro token. This news sparked a buying frenzy, with investors rushing to acquire the token, driving up trading volume and causing a triple-digit price increase within just one day.
However, despite this remarkable growth, First Neiro faces an uncertain future. Like other meme coins, such as Dogecoin, its value is heavily influenced by market hype and sentiment. As interest wanes, it is likely to face sharp price corrections, potentially leaving investors waiting months or even years to regain their losses.
In addition to First Neiro, Binance has expanded its meme coin offerings by listing **Turbo** and **1M Baby DOGE**, further igniting excitement in the meme coin space.
Neiro, branded as Dogecoin’s “sister,” is a blockchain project that seeks to evolve the meme coin landscape by integrating community-driven governance, staking, and active user engagement. It aims to blend the fun elements of meme culture with functional blockchain technology, fostering decentralized growth.
With a total supply of 1 billion tokens, Neiro adopts a no-tax policy on transactions and avoids team allocations. Promoted as a major opportunity, Neiro has drawn comparisons to Dogecoin’s meteoric rise, positioning itself as a serious contender in the meme coin ecosystem.