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The Ethereum-based token $NEIRO has surged over 72% in the past week, attracting significant attention for its impressive performance. With over 420 billion Nero tokens in circulation, nearly 100% of the total supply is already circulating, which is a positive indicator for investors.
The token is showing bullish momentum, consistently displaying green candles on the daily charts. Its listing on Binance has contributed to its rising exposure, and many believe it has the potential to surpass a $1 billion market capitalization.
As of today, October 9th, $NEIRO is valued at $0.00168, boasting a market cap of $710 million and a 24-hour trading volume of $982 million. It ranks as the ninth most-traded crypto and holds the top spot among meme coins.
$NEIRO Meme Coin Price Prediction
The First neiro on Ethereum token has been consolidating between the $300 million to $1 billion market cap range, but recent bullish patterns, such as impulse waves followed by corrections and bull flags, indicate the possibility of further upward movement.
The current market sentiment suggests that while $NEIRO could experience short-term corrections, its overall structure looks strong, with potential gains of up to 45% based on Fibonacci retracement levels.
If the broader crypto market turns bullish, Nero could see further significant price action, with community excitement building around its future developments.
For an in-depth analysis of First Neiro on Ethereum’s price prediction, check out the video above and subscribe to his YouTube channel. Additionally, consider joining Jacob Crypto Bury’s Discord community for trading tips and updates on the upcoming crypto presales.
Why Pepe Unchained Is a Must-Watch Project
Although its future growth may not deliver similar returns, there are other emerging meme coins that analysts predict could see substantial gains. One example is Pepe Unchained, set to become the world’s first Layer-2 (L2) meme coin.
Some analysts believe it could experience significant price surges upon listing, making now an ideal time to acquire $PEPU while it’s still early. The Pepe Unchained project has ambitious plans, primarily focused on launching a dedicated L2 blockchain known as Pepe Chain.
This initiative aims to deliver fast and secure transactions, complemented by a dedicated explorer to enhance its utility. According to the project’s white paper, this blockchain is specifically designed for meme coins and is expected to achieve speeds up to 100 times faster than Ethereum.
For those tired of slow transaction times and high gas fees, Pepe Unchained could represent a significant breakthrough. However, the advantages of Pepe Unchained’s L2 extend beyond speed.
It will include a comprehensive suite of tools, such as a block explorer for transaction monitoring, a decentralized exchange (DEX) for seamless token swaps, an instant bridge to Ethereum, and advanced analytics.
The real excitement lies in the upcoming ‘Frens with Benefits’ program, set to launch by year-end, which aims to attract blockchain developers through grants and rewards on the new L2 chain.
This initiative is expected to foster a vibrant ecosystem of decentralized applications (DApps) at an early stage, with many community members believing this could significantly impact the meme coin landscape.
Inspired by Pepe the Frog, this L2 project has already raised $18.3 million. With the presale’s end date yet to be announced, enthusiasm is growing for the token claim and subsequent DEX listing.
WOAH!
$18M raised! Pepe Unchained is FLYING. Big things on the horizon. pic.twitter.com/U1C41xkuqD
— Pepe Unchained (@pepe_unchained) October 8, 2024
Investors can currently acquire $PEPU tokens during the presale at a low price of $0.00994. The Pepe Unchained team accepts $PEPU purchases in $ETH, $USDT, $BNB, or bank cards, making the token widely accessible. Potential investors can visit our guide on how to buy $PEPU token here.
Additionally, a ‘double staking’ app is active during the presale, allowing early investors to stake their $PEPU tokens with an attractive annual percentage yield (APY) of 119%. Over 1.34 billion tokens are already locked in.
The project’s tokenomics are well-structured, with 30% of tokens allocated for staking rewards, 40% for the presale, and the remaining portion designated for marketing, liquidity, project costs, and chain inventory.
The staking mechanism has garnered interest within the crypto community, leading to heightened anticipation on Pepe Unchained’s X page (formerly Twitter) and Telegram channel, which boast nearly 50,000 combined followers.
As the presale progresses and hits fundraising milestones, the price of the token continues to rise, making early investment particularly advantageous for those interested in this promising project. To take part in the $PEPU token presale visit pepeunchained.com.
Related
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Soon
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