Is NEIRO the next Doge?

[Sarionadukecom]

Hey mates, it's been an eventful week for meme trades, especially on the Ethereum chain. Despite Bitcoin's sideways and choppy price movement, NEIRO has been on fire.

NEIRO on ETH has been on fire lately, reaching a market cap of $200 million in seven days and currently around $182 million. It has secured five exchange listings, already... Do you think this is the next $1 billion market cap memecoin?

[electronicash]

there's a thread about this memecoin which Vitalik dumped his share of this token https://www.altcoinstalks.com/index.php?topic=323292
apparently crypto market is also affected by the global events these days and world economy is just not looking good. and the threats of WW3 is just making all markets crash.

if it has secured listing to huge exchanges, i don;t see this project go up too when the market is going good. people however are not in the mood already for new memecoins. we all have gotten a few already.

[bitterguy28]

people however are not in the mood already for new memecoins. we all have gotten a few already.

i think it’s just mostly because of how the market is performing overall a lot of the coins are dropping in price so i don’t think we will see a lot of hype around memecoins for the time being or even if we do it’s most likely gonna be just the usual pump and dump sequence which certainly will not put neiro as the next doge

[pakhitheboss]

people however are not in the mood already for new memecoins. we all have gotten a few already.

i think it’s just mostly because of how the market is performing overall a lot of the coins are dropping in price so i don’t think we will see a lot of hype around memecoins for the time being or even if we do it’s most likely gonna be just the usual pump and dump sequence which certainly will not put neiro as the next doge

I doubt that the meme coin narrative will fade away this year, it started in 2021 and it has been 3 years & it is still going strong. I am surprised to see the title of this topic wherein this new meme coin was launched last month and already OP is asking whether it can become the next Doge. I am also surprised to see a meme coin using the Ethereum network as I hardly see new coins getting launched on it. As of now, the meme coin is looking good but how long can it sustain the price point like Doge has done will be interesting to watch.

[target]

I heard of this memecoin, it had a run before the market went downhill  yesterday. An investor who saw it coming could have traded his BTC to stablecoin which he will find altcoins cheaper by now.

If the memecoin is just guaranteed success its going to be a smooth decision already.

My question is that do you find the memecoins cheaper and time to invest or not to invest because BTC just drop and market analyst are saying we are in recession?

[ABCbits]

IMO it's like comparing oranges with apples since DOGE is cryptocurrency, while NERO is token. I don't expect you can use this token to pay for goods or services, which can be done with DOGE today.

people however are not in the mood already for new memecoins. we all have gotten a few already.

I would use word "lots" rather than "few", especially due to flood of meme token on Solana network.

[Aanuoluwatofunmi]

With what some others have been saying concerning neiro, there is high tendencies for it to perform up to the required extent whereby the  performance from it could out weight that of some other cryptos, we only may have to exercise more care before investment in other not to enter on a wrong timing, but this could be a promising one which may give the required result as doge over time.

[dwyane36]

IMO it's like comparing oranges with apples since DOGE is cryptocurrency, while NERO is token. I don't expect you can use this token to pay for goods or services, which can be done with DOGE today.

Doge is more of an exception in terms of being able to use them to buy some goods. Most of those who buy meme tokens don't really care about this because meme tokens are purchased primarily for speculation and the opportunity to multiply their investments.
By the way, shib is also a token, but there was a period when it even surpassed Doge regarding market cap.

[vegasus]

This one?

https://www.coingecko.com/en/coins/neiro-on-eth

When there is a new meme coin that is newly created and then rises drastically with a rate of increase of several hundred percent, then many people speculate that it is the next Doge, then we will see what will happen later. Usually it will not last long when this meme coin then drops again and is abandoned by its investors. And then, the hype ends and that's it.

But what is quite surprising is its large market value of $ 252,901,056 which makes its position ranked # 216 on CMC. But then again, this may start to change once the hype has died down. And this is on the Ethereum network, right? Be careful because there will be a possibility of dumps and price manipulations before it ends for coins like this.

[ABCbits]

IMO it's like comparing oranges with apples since DOGE is cryptocurrency, while NERO is token. I don't expect you can use this token to pay for goods or services, which can be done with DOGE today.

Doge is more of an exception in terms of being able to use them to buy some goods. Most of those who buy meme tokens don't really care about this because meme tokens are purchased primarily for speculation and the opportunity to multiply their investments.

I'm aware of that. But my point is memecoin which claim to be next DOGE should able to used other than speculation, investment or meme.

By the way, shib is also a token, but there was a period when it even surpassed Doge regarding market cap.

And SHIB also can be used to buy goods/services on few places, such as GameStop. I also few recall payment processor also support SHIB, which enable merchant to accept SHIB easily.

[Sarionadukecom]

IMO it's like comparing oranges with apples since DOGE is cryptocurrency, while NERO is token. I don't expect you can use this token to pay for goods or services, which can be done with DOGE today.

Doge is more of an exception in terms of being able to use them to buy some goods. Most of those who buy meme tokens don't really care about this because meme tokens are purchased primarily for speculation and the opportunity to multiply their investments.

I'm aware of that. But my point is memecoin which claim to be next DOGE should able to used other than speculation, investment or meme.

By the way, shib is also a token, but there was a period when it even surpassed Doge regarding market cap.

And SHIB also can be used to buy goods/services on few places, such as GameStop. I also few recall payment processor also support SHIB, which enable merchant to accept SHIB easily.

You have a point and frankly I have no idea how and why memecoins dev haven't looked into it. It could be a memecoin but the tokenomics should be designed to harbour utilities or even provide a service..

[Sarionadukecom]

people however are not in the mood already for new memecoins. we all have gotten a few already.

i think it’s just mostly because of how the market is performing overall a lot of the coins are dropping in price so i don’t think we will see a lot of hype around memecoins for the time being or even if we do it’s most likely gonna be just the usual pump and dump sequence which certainly will not put neiro as the next doge

I doubt that the meme coin narrative will fade away this year, it started in 2021 and it has been 3 years & it is still going strong. I am surprised to see the title of this topic wherein this new meme coin was launched last month and already OP is asking whether it can become the next Doge. I am also surprised to see a meme coin using the Ethereum network as I hardly see new coins getting launched on it. As of now, the meme coin is looking good but how long can it sustain the price point like Doge has done will be interesting to watch.

Memecoins narrative wont fade anytime soon. The opium is huge ahah. Just today I noticed another one Catdog gaining momentum. I've staked BTC on Bitget's PoolX to farm it. At least with that, there's zero risk while I accumulate the token..

[akeemqaz]

Neiro looks strong but I'm not sure if any coin can be the next Doge. Neiro looks like a mini Shiba Inu and I think it can also pump like Shiba Inu when the bull run comes. This is because of the influencers and marketing around it.

[Fivestar4everMVP]

Hey mates, it's been an eventful week for meme trades, especially on the Ethereum chain. Despite Bitcoin's sideways and choppy price movement, NEIRO has been on fire.

NEIRO on ETH has been on fire lately, reaching a market cap of $200 million in seven days and currently around $182 million. It has secured five exchange listings, already... Do you think this is the next $1 billion market cap memecoin?

I've seen some comments on this memecoin on X (formally known as Twitter), but I think there just isn't enough hype around the project, it may possibly reach a billion dollar in marketcap, but it can't possibly be the next doge coin.

If I am forced to suggest or predict what or which meme coin may possibly become the next doge coin, then I did say it's Dogs, yeah, the very dogs who's airdrop and listing is scheduled for 20th of August, just a few days away.

DOGS have around 42 million hodlers, a very great community and the hype is off the roof at the moment, everyone is literally talking about dogs, and the plans the team have for the project can make it one of the cryptos in the top 10 on coinmarketcap in a few years from now.

[Hamza2424]

It's not a realistic approach for us to assume that or speculate about any particular meme coin to compete DOGE, SHIB was there and there are some other decent names but we need to know now, that DOGE and SHIB and all other memes are super saturated now and in the meme culture its getting over-spammed with new projects, especially on the Hot chains like BAae an SOL. Things are not similar to before for the mem-coins now people are taking more interest in Blockchain-backed meme coins like BONK by SOL and COQ by AVAX some other names.

SO whether Neiro will hit hard or not completely depends on how the community responds to its developments.