Neiro Price Surges 36%, Hits New All-Time High – is this Meme Coin About to Explode Next?

The post Neiro Price Surges 36%, Hits New All-Time High – is this Meme Coin About to Explode Next? appeared first on Coinpedia Fintech News

First Neiro On Ethereum is going from strength to strength. It has successfully created a new all-time high (ATH) for the third time in October.

The new meme coin pulled a significant gain this week, but there could be much more to come. Currently, NEIRO is trading at $0.001989, at breakeven today, up 36% this week and 5,619% this month. It holds a $809 million market cap and a $482 million 24-hour trading volume.

Based on that, NEIRO is the eighth-largest meme coin by market cap and the fourth-largest by volume.

Its new ATH came late Sunday night, and there has been a slight selloff since. Nevertheless, the new highs illustrate strong momentum.

Traders are looking toward more gains in the coming days. Early NEIRO investor TraderSZ predicts it will reach $0.0025, noting that it recently broke out above a trendline resistance and flipped it to support.

Justin is bidding @neiro $Neiro pic.twitter.com/TmBN9HvVc0

Meanwhile, other analysts are nodding to even more gains. Kimz notes that NEIRO has recently broken out from an “accumulation zone” and suggests it could reach $0.01, translating to a $4 billion market cap. 

The analyst notes that this would be comparable to Dogwifhat’s peak and suggests it is possible due to historical price data –  NEIRO has experienced bullish rallies on both prior accumulation zone breakouts.

Could $NEIRO hit $4B mcap?

This meme coin has been steadily rallying after breaking out of its base accumulations. The last two rallies led to strong upward moves

Now, #NEIRO is on its third rally, Momentum is strong

Will it aim for $4B mcap like $WIF? pic.twitter.com/LmV2wf6Dep