Crypto Market Cap Slumps 7%, But NEIRO Token Pumps 107.5% in 24 Hours: Time To Buy?
Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...
Despite a major crypto market slump, which has seen the total cryptocurrency market cap plummet -7% and Bitcoin price lose key support at $60k, NEIRO token is defying the drawdown after a magnificent +107.5% overnight pump.
In this article, unpack the latest NEIRO price trends and explore where Atsuko Sato’s new Shiba Inu could go from here. Also, check out a rapidly growing presale that could witness one of the biggest meme coon launches of 2024.
$Neiro has one of the strongest communities. We are the people.@neiroethcto https://t.co/h7B56LrPFG pic.twitter.com/BNg2Fk64wy
At the heart of the major rally appears to be the Neiro community’s commitment to organic growth, with the token displaying significant strength since a community takeover (CTO) in the aftermath of attempted rugging by nefarious crypto influencers earlier in August.
As Neiro token pushes up despite the market drawback, Neiro crypto is currently trading at a market price of $0.00007 (representing a 24-hour change of +115%).
This comes amid impressive technical structure in the NEIRO chart, which has formed an incredibly bullish double-bottomed pattern after bulls reaffirmed confidence at $0.000027 base support over the past week.
So far, the consequent overnight pump has seen Neiro climb an alluring +115%, with price action now reclaiming a higher support level at $0.0000635 – cementing bullish progress.
Closer analysis reveals that the huge leap was powered by a 24-hour inflow of $8.65m in trading volume, and looking at the order book, over the past 6 hours,
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