NEIRO Meme Coin Jump 250% Amid Market Correction, Institutional Buying, and Historic Doge IP Deal Wey Boost Long-term Prospects
NEIRO, one dog-themed meme coin, don blow pass 250% for inside one month, e make am stand gid as e compete for the falling meme coin sector wey main tokens like DOGE, SHIB, and PEPE don sharply drop. NEIRO recent rally, wey dem see 47.37% jump inside 24 hours reach $0.000651 for mid-May and e still strong for around $0.0006, na trading volume and new trader interest after e long time wey e just dey stable take back am gidi-gidi. The main level dem wey make sense na resistance for $0.000651 and support dem for $0.000442 and $0.000277. Technical momentum and short-term speculation dey drive NEIRO volatility, but on-chain activity talk say long-term accumulation no too much.
Big fundamental development happen for 24 April 2025 when Neiro secure exclusive license to use the Doge IP with partnership with Original Doge meme creator Atsuko Sato and OwnTheDoge. This kind historic deal give Neiro legal rights to develop branded products, e make the project stronger and fit expand well for the meme coin space. Price rally no directly come from the license news but analyst dem still dey feel good, their targets reach as high as $0.00243, fit even break new record highs. Institutional players like Wintermute don collect big positions from major exchanges like Binance and OKX, wey add more confidence. NEIRO listing for big platforms like Binance and Coinbase don improve accessibility and market confidence. Traders suppose dey monitor NEIRO well for technical breakouts and developments about im IP rights, plus remember say meme coin sector get high volatility as e normal be.
Bullish
NEIRO don waka pass all di meme coin sector wey dey suffer downturn, dis dey show say e get strong relative strength. Di recent price surge na because renewed technical momentum, increased trading volumes, plus big big institutional buying (especially Wintermute). Di exclusive Doge IP deal no be di immediate cause for di price rally, but e add long-term credibility and potential for di project to grow. Big exchange listings don improve liquidity and open market access, dis dey support di positive sentiment. Crypto analysts dey set serious price targets, and di on-chain data, wey now neutral, no show big distribution, e mean say di market still get room for further speculative gains. But you still get di regular meme coin volatility as risk. Overall, all these things paint NEIRO as bullish for di near to medium term.