Could
$NEIRO on
$ETH be the next big memecoin?
I've acquired a bag of
$NEIRO on
$ETH, and I think it has serious potential to be a runner.
Thesis:
The rise of the various
$NEIRO coins has shown that this narrative has substantial interest and isn't likely to die down anytime soon. In the memecoin realm, my focus is always on teams that know how to elevate the coin, grow the holder base, and build a strong community.
The
$NEIRO chart has consolidated and hit new all-time highs, and
$ETH memecoins haven't been in the spotlight for a while. While the launch of
$ETH ETFs hasn't triggered explosive price action yet, it likely sets the stage for
$ETH to have its own rotation this cycle. One of the best ways to bet on an L1 token's growth is to have exposure to memes with a powerful narrative that can outperform and multiply from entry.
For me, that bet is
$NEIRO.
I've been speaking to the
$NEIRO on ETH team, and so far, it looks like this may indeed be the next runner. They've onboarded a market maker to manage price volatility and are expanding the coin onto TikTok and other social media platforms to attract new holders beyond just crypto degens.
$NEIRO’s narrative is reminiscent of
$SHIBA and
$DOGE, which fueled the rise of their respective coins. It's rare to find a narrative that can unite both degens and whales, creating significant opportunities. Kabosu led to
$DOGE, the first true memecoin, and sparked
$SHIB, which generated massive wealth for early holders.
And with Kabosu’s mother adopting Neiro into her family,
$NEIRO is truly a “successor” to
$DOGE and
$SHIB, the 2 biggest memecoins from last cycle.
Additionally, the context of memecoins on
$ETH gives
$NEIRO plenty of upside even from here.
Most of the hot memes on
$ETH, like
$MOG,
$PEPE, and
$APU, are valued in the hundreds of millions to billions in market cap.
$NEIRO is currently a fraction of that price, with a narrative that could help it catch up to other
$ETH memecoins.
With CT figureheads like
@zhusu bullish on
$NEIRO, it’s a no-brainer to have a bag and see how far this dog can run.
The
$DOGE and
$SHIB communities have gone through the bear market and become even stronger through the years. If they combine to support $NEIRO… chances are, we’ve barely seen what this coin will do this cycle.
While we've had several big memecoins hit $1B this cycle early on, in the last cycle, most of the top memecoins were on
$ETH. That’s a space yet to be filled this cycle.
I’ve seen members of the
$SHIB community start to embrace
$NEIRO, with mods from
$SHIB now helping to mod $NEIRO’s Telegram group chat.
And if there’s one meme community that can’t be faded in a bull run, it’s
$SHIB.
If their community keeps joining $NEIRO…
Who knows where
$NEIRO will be in a couple of months?
Remember, the top of
$DOGE was $100 billion and $SHIB’s top was $37.97 billion, and we haven’t even reached close to retail mania this cycle. If
$NEIRO pulls off even a fraction of what DOGE and SHIB did last cycle as its new successor, it’s still an incredibly cheap buy here.
TL;DR
- Kabosu's mom adopting Neiro could be the narrative that propels
$ETH's next meme runner, as $DOGE’s new successor this cycle
- Currently, top
$ETH memes are priced significantly higher than
$NEIRO, providing an easy price target for the coin.
- When market focus shifts to
$ETH, memecoins on it will likely outperform, and
$NEIRO is my pick.
- The DOGE and SHIB communities could unite to support
$NEIRO, creating a memecoin winner on
$ETH for retail to rally around.