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The post Neiro Price Prediction: Neiro Pumps 84%, Time to Buy or Wait for Better Entry? appeared first on Coinpedia Fintech News
First Neiro On Ethereum shows impressive strength this week with an 84% pump.
This rally establishes it as a leading meme coin. It currently holds a $1.26 billion market cap, making it the ninth-largest.
While Neiro could be set to continue its upward momentum, other new meme coins could potentially generate even higher returns.
NEIRO’s Huge Trading Volume and Binance Listing
While it’s the ninth-largest joke token by market cap, NEIRO is doing even better on trading volume.
It leaves larger tokens in its wake. In the last 24 hours, $1.2 billion worth of the token has changed hands, which is more than Bonk, Floki, Popcat, and Brett.
This reflects traders’ interest and lays the way for more gains as the market advances.
Moreover, higher trading volume represents strong liquidity, meaning that when holders sell NEIRO, it will not impact the price in the same way as it would for a low-liquidity meme coin.
An example of that is GigaChad, which recently dipped 85% after one holder sold a substantial amount in one transaction.
Yet, the most important factor for NEIRO is its listing on Binance.
The world’s largest exchange has been rather selective and unorthodox with its listings. As recently as yesterday, they overlooked the billion-dollar AI meme coin Goatseus Maximum in favor of a low-cap alternative ACT, which has a $20 million market cap at the time.
It took a similar action with NEIRO, listing it when it had a market cap of just $15 million.
But here’s why Binance listings are so crucial right now: with Bitcoin trading close to $90K, the world is well and truly watching crypto again.
In the coming weeks, we can expect thousands – if not millions – of new investors to come to the table. But crypto is complex. They won’t begin with a Phantom or MetaMask wallet – they’ll buy tokens on exchanges.
Listings on tier-1 exchanges like Binance are a magnet for new retail money.
NEIRO is set up for growth.
A Closer Look at NEIRO’s Price Action
In the short term, popular community member TraderSZ also notes that NEIRO is trading above its previous high and expects the next rally to run as high as $0.005.
$NEIRO
Chart setting op the next leg up.
We set a new high, so we left behind:
– order block
-fair value gap
These two are overlapping. We just tagged both. Next leg loading.
Higher, much higher.#Neiro pic.twitter.com/PI9JiaQyIB
That marks a 2.5x gain from its current price. However, traders must be aware that NEIRO has pumped 1,000x since TraderSZ first covered it in August.
There’s still an upside to be had, but it’s limited because Neiro has already pumped so much in recent months. As such, those seeking bigger gains may prefer a lower market cap alternative.
Smart Money Rotates to Flockerz and Crypto All-Stars
NEIRO’s meteoric gains since August underline the advantage of buying into new meme coins early.
Smart money already understands this and is positioning itself in two of the most promising new emergents: Flockerz and Crypto All-Stars.
So far, Flockerz ($FLOCK) has experienced $1.5 million in capital inflows into its token presale. The project is raising funds for a Vote-to-Earn decentralized autonomous organization (DAO).
This will allow $FLOCK holders to vote on important matters regarding the project’s future, and they’ll even get paid for it.
Top traders are optimistic about Flockerz and expect up to 100x gains from its presale price.
Shrewd traders are also interested in Crypto All-Stars, the world’s first meme coin-staking app. It lets you deposit Dogecoin, Shiba Inu, Pepe, and more, and you’ll earn passive $STARS rewards in return.
$STARS is the project’s native utility token. It is required to access the platform and it will even determine how much rewards users can earn. Holders can also stake $STARS for more rewards.
Like Flockerz, experts are talking about big gains for Crypto All-Stars, with ClayBro telling investors to “prepare for 67x gains.”
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