NEIRO (Neiro ( First Neiro On Ethereum )) rose 32.22% in 24 hours.

Gate News Bot news, July 3rd, according to CoinMarketCap data, as of the time of writing, NEIRO (Neiro (First Neiro On Ethereum)) is currently priced at $0.00047255, having risen by 32.22% in the last 24 hours, with a peak of $0.00049371 and a low of $0.0003386. The current market capitalization is approximately $199 million, an increase of $48.4 million compared to yesterday.

NEIRO is the successor of Doge, adopted by the same group of people who took care of Doge. NEIRO is the first token deployed on Ethereum, community-driven and inspired by tradition. NEIRO was initially deployed on Ethereum at 23:59:59 UTC on August 4, 2024 (coinciding with the new moon moment), attracting the attention of Vitalik Buterin. A few days later, Vitalik confirmed that he donated over $500,000 to an animal welfare fund. This marks Vitalik's second interaction with a meme coin, the first being the SHIB token in 2021.

NEIRO was initially abandoned by its original developers and is now fully owned and managed by the community. The project team has made donations to a shelter for stray dogs that once housed NEIRO, and more charity plans will be launched in the future.

Important news about NEIRO recently:

1️⃣ Whale accounts actively increase their holdings of NEIRO A large number of whale accounts are actively increasing their holdings of NEIRO tokens, indicating that institutional investors' confidence in NEIRO is growing. This massive influx of funds could be one of the important factors driving the price of NEIRO to rise.

2️⃣ NEIRO price hits an all-time high The NEIRO token price has recently experienced a strong rebound, breaking through its historical high. This breakthrough has not only attracted more investors' attention but also further strengthened the market's confidence in NEIRO's future development.

3️⃣ Long-term holders maintain confidence Despite the significant market fluctuations, long-term holders of NEIRO still maintain confidence in the project, and there has not been a large-scale sell-off. This stable holding behavior provides strong support for the price of NEIRO.

From a technical perspective, the price trend of NEIRO shows a strong rising trend, breaking through multiple key resistance levels. On the fundamental side, the community-driven characteristics and charitable initiatives of the NEIRO project continue to attract investor attention, laying the foundation for its long-term development.

This message does not constitute investment advice; investors should be aware of market volatility risks.