First Neiro On Ethereum (NEIRO) has breached the multi-week descending trendline, resulting in a 50% rally on Monday.
The NEIRO price reached a new all-time high today, trading as high as $0.00158 with a market capitalization of $660 million. Meanwhile, its 24-hour volume has surged over 350% to $1 billion, with the majority coming from Binance.
The latest NEIRO price predictions see the meme coin soaring to anywhere between $750 million to $1 billion. However, there is growing speculation about whether it is the best meme coin to buy now, considering the plethora of options.
Whales are showing high conviction in large caps like Pepe, Popcat and Dogwifhat. Even low-cap projects like Moo Deng, Crypto All-Stars and Pepe Unchained are in high demand, owing to their high upside potential.
NEIRO Price Prediction – How High Can It Go?
After its unexpected Binance spot listing, the First Neiro On Ethereum price rallied by over 3500% in just over a week, skyrocketing from $15 million to a $535 million market cap.
Since then, it saw a consolidatory price action, creating a multi-week descending trendline.
NEIRO breached this trendline late on Sunday, resulting in an explosive 50% green candle.
Considering that its daily RSI (Relative Strength Index) remains at a relatively healthy 73.8, it is no surprise that prominent investors are betting on a bullish continuation.
For instance, the NEIRO price prediction from TraderSZ projects the meme coin to reach a $750 million market capitalization next, which would mean another 15% rally in the short term. He also expects First Neiro On Ethereum to join the billion-dollar club.
$Neiro @neiroethcto 750mil cap next pic.twitter.com/q91L8Y0xqo
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Author: Adrian Barkley
