Neiro Miracle: Community Power Overcomes "Cabal Group", What is the follow-up market value?

I. Project introduction

 

Neiro is a community-driven Meme token on the Ethereum chain, which not only continues the spirit of Dogecoin, but also becomes the new successor to the Kabosu legend. In the early stage of the project, it attracted market attention by sending 17.10 billion tokens to Vitalik Buterin's address. Later, Vitalik suddenly sold all the meme coins he had received before and exchanged them for 200 ETH, including 17.10 billion Neiro tokens sold for 44.4 ETH, which directly caused Neiro to drop by 60%.

 

Although this move led to a large-scale sell-off in the early stages, Vitalik's positive response and donation action instead brought huge exposure to Neiro and became the focus of community attention. Neiro is the first Neiro token deployed on Ethereum, and after the development team abandoned the project, the community spontaneously took over and transformed it into a completely decentralized project governed by the community, demonstrating strong community power. The project has established deep connections with well-known figures in the cryptocurrency field such as Vitalik through charitable donations, further enhancing market recognition.

Narrative Description

 

Neiro is the inheritor of Meme culture, but it is not an ordinary Meme token. It originated from the little dog Neiro, who is also loved by the owner of Kabosu. Neiro has a growth process that is different from traditional memes and rises from the community.

 

On August 5th, Vitalik Buterin sold the Neiro donation he received through Ethereum and donated the proceeds to an animal charity organization. This donation caused a market shock. Vitalik's move not only brought Neiro high market attention, but also connected the crypto world with real public welfare through the action of giving back to charity.

 

Although the project initially encountered the abandonment of the development team and the sell-off of the market, Neiro completed a legendary journey of "resurrection" through the spontaneous takeover of the community. Neiro's market value rose from the lowest point of $20 million to over $394 million in just a few days, becoming a model of community-driven and overcoming the so-called "conspiracy group" in the Meme coin world.

 

From Vitalik's response to the community's takeover, and ultimately to Binance, Neiro proved to the market that Meme Coin is not just a passing fad, but can be driven by the power and belief of the community.

 

III. Market value expectations

 

Neiro, as a community-driven Meme token on the Ethereum blockchain, currently has a circulating market value of about $370 million and a current price of $0.0008712. Due to Vitalik Buterin's donation event and the successful transformation of the community's spontaneous takeover, Neiro quickly attracted widespread attention in the market, demonstrating the strong community power in Meme tokens.

 

We can speculate on the future market value potential of Neiro by benchmarking other projects that are also Meme tokens.

 

WIF (popular Meme coin based on Solana): current price of $1.68, circulating market value of about $1.677 billion.

 

Bonk (Meme coin based on Solana): current price is 0.000017 US dollars, with a circulating market value of about 1.215 billion US dollars.

 

FLOKI (Early Meme Project): Current price 0.000130 USD, circulating market value is about 1.257 billion USD.

 

If the market value of the Neiro project is the same as WIF, Bonk, and FLOKI, the expected token price and increase are as follows:

 

- Benchmarking WIF: The price of Neiro token can reach 0.00396 US dollars, an increase of 4.54 times.

 

Benchmarking Bonk: The price of Neiro token can reach $0.00286, an increase of 3.28 times.

 

Benchmarking FLOKI: The price of Neiro token can reach $0.00296, an increase of 3.40 times.

 

Neiro's development process has been full of ups and downs. Although the initial price fluctuations were caused by the sale of Vitalik Buterin, this event unexpectedly brought unprecedented market exposure and discussion to Neiro. The community quickly took over the project after the development team gave up and pushed Neiro to transform into a completely decentralized community-driven project. This experience from "crisis" to "rebirth" not only injected strong community cohesion into Neiro, but also made it stand out as a rare reversal case in the Meme project.

 

Nowadays, Neiro has emerged from the early sell-off shadow and gradually gained a foothold with the strong power of the community and the continuous attention of the market. If the project continues to maintain cooperation and interaction with Vitalik and other point persons in the cryptocurrency field, while deepening community participation, Neiro has the opportunity to usher in new market peaks in the future and become an undeniable force in the Meme token field.

 

IV. Economic models and on-chain chip analysis

 

Neiro's economic model is mainly based on decentralized community-driven, with liquidity concentrated in the WETH trading pair. According to the latest data, there are 1,652.67 WETH locked in the WETH liquidity pool, worth about $7.9367 million. This high level of liquidity provides strong trading depth for the market, while ensuring the stability and active level of tokens in the market. Neiro achieved a total transaction volume of $34.31 million in the past 24 hours, with 6,389 transactions, reflecting the strong market performance and active trading volume of tokens.

 

From the distribution of chips on the chain, the number of holders of Neiro tokens has reached 13,624, indicating that the project has gained extensive market participation. Liquidity is mainly concentrated in the Neiro/WETH trading pair, which accounts for most of the market liquidity. The locked 1,652.67 WETH in the WETH liquidity pool indicates a high concentration of funds and good liquidity guarantee. In addition, Neiro also distributes a certain amount of liquidity in other trading pairs such as USDT, although the scale is small, it further disperses funds and enhances the market coverage of tokens. In terms of coin concentration, the distribution of chips is relatively concentrated in the core liquidity pool, ensuring the depth of market transactions and price stability.

 

Overall, Neiro has demonstrated its robust economic model and healthy chip distribution through strong liquidity support, active trading market, and broad holder base. With further market development, Neiro is expected to continue to attract more users and capital inflows in the short term.

 

V. Risk Warning

 

1. The project depends on the community active level. If the participation decreases, the project may be affected

 

2. As a Meme token, the price may experience drastic fluctuations.

 

VI. Official links

 

Website： https://www.neiroeth.io/zh-CN

 

Twitter： https://x.com/neiroethcto

 

Telegram： https://t.me/ETHNEIROCTO