Analyst Expects NEIRO Price to Double After Already Seeing 500X Gain
The post Analyst Expects NEIRO Price to Double After Already Seeing 500X Gain appeared first on Coinpedia Fintech News
TraderSZ tipped First Neiro on Ethereum when it was a microcap, resulting in 500x gains.
However, he’s now looking ahead to the price of NEIRO doubling again.
NEIRO’s Next Leg Up Imminent, Says TraderSZThe analyst initially covered First Neiro on Ethereum in August, when its market cap was between $1 and $2 million.
Today, it sits at a staggering $500 million valuation and is priced at $0.0012. That works out at up to 500x gains for those who were fast.
However, TraderSZ anticipates even more growth in the coming weeks.
On Tuesday, he tweeted, “It’s time,” alongside a NEIRO price chart with a target set to $0.002
It’s time pic.twitter.com/yhbx9VyNif
— TraderSZ (@trader1sz) September 24, 2024Sentiment is buzzing around the project. The most popular reply to the tweet came from analyst Tyler Durden, who said, “People think a $1 billion market cap is a lot – it’ll probably tag $3 billion.”
Burden then underscored the benefit of launching on Ethereum:
“Ethereum is where whales play.”
In other tweets, TraderSZ predicted that NEIRO could go even higher than $0.002.
In response to a post about China’s loosening monetary policy, the analyst alluded to the new liquidity flow into NEIRO, pushing its market cap to between $5 and $10 billion.
Translation: $Neiro @neiroethcto is going to 5-10 billion cap https://t.co/qbPbaIONl8
— TraderSZ (@trader1sz) September 24, 2024This also ties into a recent NEIRO partnership, with the project officially teaming up with the largest Tron-based meme coin, SunDog.
Tron is a blockchain popular with Chinese market participants, which is why TraderSZ feels that China’s loosening monetary policy could benefit NEIRO.
https://twitter.com/neiroethcto/status/1838261180571488494
Meanwhile, smart money players have also started paying attention to the token.
Prominent venture capitalist firm DWF Labs has partnered with the project.
This reflects the strengthening position of NEIRO within the market, adding to its long-term potential.
https://twitter.com/neiroethcto/status/1838519031432683563
One month ago, First Neiro on Ethereum was an unknown microcap meme coin. Today, it has a Binance listing, industry-leading partnerships, and support from leading crypto analysts.
This underscores the fast-paced dynamics of the meme coin market and reaffirms the importance of getting into projects early.
With that in mind, another project to consider is Crypto All-Stars. It’s undergoing a presale and separates itself from other meme coins through real utility.
New Coin to Watch: Crypto All-Stars is the First Unified Staking Protocol For Meme CoinsCrypto All-Stars is a new cryptocurrency that lets users stake any meme coin for passive rewards. The project is currently undergoing a presale and has raised $1.5 million so far.
Its main feature is MemeVault, a multi-token staking solution that supports Dogecoin, Shiba Inu, Pepe, Bonk, and other top meme coins. It uses Ethereum’s ERC-1155 multi-token standard to support tokens from any blockchain.
For the first time, meme coin fans from across the industry will all be united in one community.
And here’s where it gets interesting: they’ll all need to hold $STARS. Users must hold it to access the MemeVault, and the more they have, the more they can earn.
The meme coin market is worth $47 billion. Currently, Crypto All-Stars’ presale raise is $1.5 million. Therefore, a fraction of the market’s liquidity flowing into $STARS could skyrocket its valuation.
Users can also stake their $STARS tokens to generate more rewards. Currently, $STARS staking offers a 939% APY, but this will decrease over time.
Since its early days, analysts have been eyeing Crypto All-Stars as the next meme coin that could explode.
Umar Khan from 99Bitcoins said that $STARS “will 100x.”
Currently, investors can buy Crypto All-Stars at presale for $0.0014593.
However, this price will rise throughout the campaign, with the next increase later today.