A new dog-themed meme coin has taken the crypto market by storm. Inspired by Kabosu owner’s new dog, Neiro, a new wave of Shiba Inu-themed tokens surged on Solana.
A new cryptocurrency, inspired by Kabosu's owner's new dog, has surged in value over the last four days.
The token, called Neiro, is named after the 10-year-old rescued Shiba Inu dog. It was launched on August 1 with a market capitalization of $200 million.
Over the last 24 hours, Neiro's price has increased by 63%, and it is currently trading at $0.18.
The token's remarkable growth has seen it outshine its Solana counterparts, which also experienced a surge in value following Kabosu's owner's announcement.
However, both the Solana and Ethereum versions of the Neiro token have faced scrutiny, with reports alleging insider activity by the developers.
According to blockchain data firm Bubblemaps, the developers of the largest Neiro token on Solana controlled 6% of the token's supply, which they eventually sold for $5.7 million.
Meanwhile, Bubblemaps reported that 78% of the Ethereum Neiro token's supply was sniped at launch and quickly spread among 400 wallets, with the wallets selling 12% of their holdings, or around $4.5 million, by July 30.
Despite these reports, investors appear to be enthusiastic about the Neiro token, with some even describing the reports as "bullish news."
Others expressed excitement over the firm's "fudding," highlighting the token's potential for massive gains.
"A lot of the most successful memes require supply control," one user noted.
Several investors also noted the return of "dog days" and the continuation of the "Doge legacy" with the Ethereum-based memecoin.
According to one X user, several factors have contributed to Neiro's overnight success, including its "SHIB-like narrative," "concentrated attention," and the "return of dog meta that always dominates Ethereum bull cycles."
The above is the detailed content of Kabosu's Sister Sparks New Memecoin Wave. For more information, please follow other related articles on the PHP Chinese website!

The crypto markets are undergoing a roller coaster ride as the prices of the tokens have been experiencing acute volatility. Just a day before, Bitcoin was expected to hit $70,000 but the dynamics have changed as upward pressure has escalated. Beside

Memecoin 于 2023 年 10 月下旬推出,11 月初,它在币安交易的第一个小时就创下了 0.1 美元的高点比起始价 0.001 美元上涨了 9900%。自这个疯狂的时刻以来,价格已分别稳定在 0.019 美元和 0.028 美元的支撑位和阻力位之间。我们的 Memecoin 价格预测显示 MEME 在 2024 年达到 0.036400 美元的高点。

A new memecoin called Pepe Unchained (PEPU) is thriving in its ICO – it has raised almost $12 million, outpacing all other memecoin presales.

As of August 3rd, the memecoin market capitalization is $40B. While the bitcoin and altcoin market has suffered a blow, memecoins still hold their place with only a -0.10% change.

Dogwifhat [WIF] was among the best-performing memecoins in the first half of 2024. But its momentum lost traction at the beginning of H2.

A memecoin whale recently sparked a debate in the crypto market with his recent investment. Reportedly, the whale bought the newly launched IntelMarkets (INTL) token for over $200k.

A new dog-themed meme coin has taken the crypto market by storm. Inspired by Kabosu owner’s new dog, Neiro, a new wave of Shiba Inu-themed tokens surged on Solana.

A Filipino crypto trader recently lost $10,000 (around ₱576,000) after the meme token Kong Sui ($KONG) rug-pulled.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

Zend Studio 13.0.1
Powerful PHP integrated development environment

SublimeText3 Chinese version
Chinese version, very easy to use

SublimeText3 Linux new version
SublimeText3 Linux latest version

Notepad++7.3.1
Easy-to-use and free code editor

Dreamweaver CS6
Visual web development tools
