Neiro Ethereum (NEIRO) has been one of the few bright spots in the meme coin market lately.
However, given the explosiveness of NEIRO’s rally, some investors are feeling like they might have missed out.
Meanwhile, all eyes are on Base Dawgz (DAWGZ) as the next meme coin contender – with one expert suggesting it could follow in NEIRO’s footsteps.
Neiro Ethereum Climbs the Crypto Ranks with $205M Market Cap
Neiro Ethereum is the talk of the crypto market.
And it’s easy to see why.
This Shiba Inu-inspired token, with roots in the classic Doge meme, has been rallying lately.
At the time of writing, NEIRO is priced at $0.203 and has a market cap of $205 million.
It’s not just hype either – over $35 million in spot trading volume since yesterday proves the token has serious momentum.
No surprise it’s grabbed the second spot on CoinMarketCap’s trending list.
Of course, NEIRO’s journey hasn’t been without its ups and downs.
It hit an all-time high on August 7th, producing enormous returns for early investors.
Since then, it’s cooled off a bit, trading around 31% below that peak.
And the past few days have seen NEIRO in a holding pattern as the market figures out its next move.
The big question is: Is Neiro Ethereum here to stay, or just another fleeting meme coin?
Is It Too Late to Get Into Neiro Ethereum?
So, is it too late to get into Neiro Ethereum?
It’s tough to call.
On the one hand, this token is still relatively new – less than three weeks old.
Also, compared to meme coin giants like PEPE, DOGE, and WIF, NEIRO has a small market cap.
And it hasn’t even hit big exchanges like Binance or OKX yet.
This means there’s room for growth.
But on the other hand, the overall meme coin market is looking a bit deflated, and NEIRO’s own rally seems to be cooling off somewhat.
Some investors are starting to wonder if we’ve already seen the token’s best days.
Ultimately, it’s challenging to say whether it’s too late to invest in NEIRO.
The token clearly has potential, but there are also significant risks involved.
As such, NEIRO may be more suited to risk-tolerant investors who are happy to deal with the price fluctuations that will inevitably come.
Base Dawgz Presale Heats Up as Crypto Expert Predicts Major Gains
Alongside NEIRO, there’s another dog-themed meme coin that’s drawing attention.
Meet Base Dawgz, a new coin currently in its presale phase.
This multi-chain coin has already raised $2.9 million in early investment.
DAWGZ is primarily hosted on the Base network but can also bridge to blockchains like Ethereum and Solana.
It also has a Share-to-Earn protocol for extra rewards, and a comprehensive roadmap for the future.
This setup has piqued the interest of some big names.
Crypto expert ClayBro, with a YouTube audience of 130,000, recently released a video about Base Dawgz.
He believes that DAWGZ’s price could 36x (or more) once the token hits exchanges.
ClayBro points to the coin’s rapid price increases during its presale and the enormous staking rewards offered to DAWGZ holders.
Ultimately, he sees the token as a high-risk, high-reward opportunity.
And he expects it to really take off if we see another bull market in the final months of 2024.
If DAWGZ were to 36x, as ClayBro said, it would produce similar gains to Neiro Ethereum when it first rallied.
This prospect has led to much excitement in Base Dawgz’s Telegram channel.
So, although this is just one expert’s opinion, it’s clear Base Dawgz has the meme coin crowd buzzing.
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