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.
The NEIRO price has rallied by nearly 16% today and is currently trading at $0.26. However, experts believe that it is nowhere near its local top and could reach as high as $0.40 in the coming days.
How High Can Neiro Ethereum Go?
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 meteoric success of DOGE, it is no surprise that NEIRO is seeing tremendous growth as well. In fact, experts are highlighting that DOGE and SHIB holders are showing strong support for this new meme coin.
After all, Dogecoin and Shiba Inu have largely been sidelined during this bull cycle, overshadowed by newer meme coins such as Pepe, Dogwifhat and Floki. NEIRO could be the medium for DOGE and SHIB holders to earn outsized returns, without ditching the iconic Shiba Inu breed.
Indeed, even popular crypto influencers such as Lark Davis – who has over 1.2 million X followers – are covering Neiro Ethereum’s rise.
It is therefore no surprise that NEIRO has already rallied nearly 9000% from its initial listing price. After today’s rally, the token is currently trading at $0.26, with a market cap of $260 million.
However, experts believe that the new meme coin will continue its bullish trajectory in the coming days.
For instance, a popular trader Travladd Crypto (@OfficialTravlad) – with over 400k X 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.
Crypto analyst Haris Ebrat (@HarisEbrat) also highlights NEIRO’s strong technicals. For instance, it is seeing a much higher volume on the green candles as compared to the red ones, indicating strong buying pressure.
Similarly, he reveals that NEIRO’s whale balance has increased significantly over the past 14 days, indicating that a major bullish continuation could be imminent.
The bulls would look to flip the $0.28 resistance next, which could pave the way towards a new all-time high.
Could Base Dawgz be the Next Meme Coin to Explode?
NEIRO isn’t the only dog-themed meme coin that experts are bullish on.
As previously mentioned, smart money investors are buying Base Dawgz (DAWGZ) in its ongoing presale, which has already raised over $2.8 million in its ICO.
Unlike most new meme coins, Base Dawgz isn’t an ordinary run-of-the-mill token. Instead, it has come up with innovative solutions for creating a strong community.
For one, Base Dawgz is a multi-chain meme coin, which will launch on Base, Ethereum, Solana, BNB Smart Chain and Avalanche. This strategy could prove to be a game-changer, with the potential to maximize its visibility amongst investors.
Additionally, investors can earn staking rewards on each chain, currently at an APY of over 900%.
Similarly, DAWGZ has launched an innovative share-to-earn program. Investors can earn airdrop points for sharing project-related content on social media. They can also earn a percentage of the investments made through their unique referral link.
With such a wide variety of rewards in store, it is no surprise that smart money investors are bullish on DAWGZ. Some even expect it to offer up to 20x returns after its launch.
